Enli Power Receives Over US$20 Million in A+ Series Investment

Enli Power, a solid-state battery innovation company, announced the completion of its Series A+ financing of over $20 million. This round of financing was jointly led by Sequoia China and Richu Capital, followed by GAC Capital, Borun Capital, Tianqi Capital, and Newli Capital; Potential Capital served as the exclusive financial advisor for two consecutive rounds… After the round of financing over 100 million yuan, another round of financing was completed to accelerate the industrialization of its solid-state battery. The funds will be mainly used for product iteration, market expansion and production line construction.
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