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Energy Tech Series C Founded 2017

Tang Feng Energy Technology

Tang Feng Energy Technology develops low-platinum membrane-based electrodes for fuel cells and hydrogen energy applications. Founded in 2017 as a spinout from Shanghai Jiao Tong University's fuel cell research institute, the company possesses core technologies in membrane electrode and catalyst design, materials, processes, equipment, and testing for both fuel cells and water electrolysis hydrogen production. Tang…

📍 Shanghai, China · Energy Storage Tech

Funding snapshot

Last roundSeries C
Amount$15M
Date19 January 2023
Total raised$15M

About

Tang Feng Energy Technology develops low-platinum membrane-based electrodes for fuel cells and hydrogen energy applications. Founded in 2017 as a spinout from Shanghai Jiao Tong University's fuel cell research institute, the company possesses core technologies in membrane electrode and catalyst design, materials, processes, equipment, and testing for both fuel cells and water electrolysis hydrogen production. Tang Feng's product portfolio includes PEM water electrolysis hydrogen production membrane electrodes with iridium loading of 1.0 mgIr/cm2, automotive fuel cell membrane electrodes with platinum content of 0.2 g/kW or less, air-cooled fuel cell membrane electrodes, fuel cell catalyst materials, and PEM electrolysis catalysts. The company has established joint research centers with Shanghai Jiao Tong University and operates manufacturing facilities in Lingang, Shanghai, and Zhejiang. Founded in 2017 and headquartered in Shanghai, China, Tang Feng has raised $15.5 million in Series C funding from investors including GP Capital, BOSC International, EBI Investment, Frontier Investment Group, Hillhouse, Everest Ventures, Luminous Ventures, Kunzhong Capital, and Lightspeed Venture Partners. The company holds ISO 16949, ISO 9001, and ISO 14001 certifications, and has been recognized as a national specialized and sophisticated enterprise.

Business model

Energy Storage Tech > Fuel Cell > Components > Membrane

Institutional investors

GP Capital BOSC International EBI Investment Frontier Investment Group Hillhouse Everest Ventures Luminous Ventures Kunzhong Capital Lightspeed Venture Partners

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