Xinjie Energy Valuation, Funding & Investors

Xinjie Energy is valued at $306M as of February 2025.

Last Xinjie Energy valuation

$306M

Series A · Feb 2025

Last Xinjie Energy funding round

$100M

Series B · Aug 2026

Cumulative funding Xinjie Energy raised

$104M

across 2 funding rounds

Key investors in Xinjie Energy

  • Puhua Capital
  • Ehang
  • Fengzhi Fund

Xinjie Energy Overview

About Xinjie Energy

Xinjie Energy is a Chinese developer of lithium metal solid-state batteries emphasizing higher energy density and safety over conventional lithium-ion types. The company conducts R&D on anode materials, electrolytes, and cell assembly for applications in electric vehicles and grid storage. Based in Shanghai, it collaborates with automotive manufacturers to prototype battery packs meeting automotive standards. Recent advancements include scalable production processes for pouch and prismatic formats.


Founded

2020

HQ

ChinaShenzhen

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$306M (Feb 2025)

Xinjie Energy Valuation

Xinjie Energy is currently valued at $306M, based on its Series A in February 2025.

The $4M round was led by Fengzhi Fund, with participation from Ehang.

Xinjie Energy valuation by funding round

Xinjie Energy valuation by funding round
DateStageValuation
Feb 2025Series A$306M

Xinjie Energy Funding History

Xinjie Energy has raised a total of $104M across 2 funding rounds.

Xinjie Energy's first fundraising round was a $4M Series A in February 2025. The most recent completed round was a $100M Series B in August 2026.

Xinjie Energy funding rounds

Xinjie Energy funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2026Series BPuhua Capital (lead)$100M--
Feb 2025Series AFengzhi Fund (lead); Ehang$4M$306MXinjie Energy is receiving investment from Fengzhi Fund through a capital increase agreement. The investors valued the company at RMB 2.2 billion pre-money in this round. The valuation accounts for relevant factors considered by the investors.

Who has invested in Xinjie Energy?

3 investors have backed Xinjie Energy across its funding rounds, including Puhua Capital, Ehang and Fengzhi Fund.

Lead investors include Puhua Capital and Fengzhi Fund.


Xinjie Energy Investors

Investors in Xinjie Energy by funding rounds participated
InvestorHQRoundsRoleFirst check
Puhua CapitalChinaHangzhou1LeadAug 2026

This data is available for Pro users. Sign up to see all 3 Xinjie Energy investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Investments by Xinjie Energy

Xinjie Energy has invested in 1 company to date.

Latest investment by Xinjie Energy was on January 27th 2026. Xinjie Energy invested in Lithium Silicon New Materials in their Series A round.


Latest Investments by Xinjie Energy

Lithium Silicon New Materials
Description
Lithium Silicon New Materials is a technology firm focused on research, development, and production of ultra-thin lithium metal anode materials, particularly lithium foil composites for solid-state batteries.
HQ CountryChina
HQ City
-
Deal Date27 Jan 2026
RoundSeries A
Raisedundisclosed
InvestorsFenghe Capital; CY Capital
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all Xinjie Energy investments and their VC round multiples.

Start Free Trial

Xinjie Energy Competitors

Xinjie Energy competitors include listed companies like Energy Vault, AirJoule, American Battery Tech and Electrovaya, and private ones like Robestec and Associated Battery Manufacturers East Africa.

Public and private companies comparable to Xinjie Energy
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
RobestecChinaShanghaiPrivate--$145M-
Energy VaultUnited StatesUnited StatesPublicly listed$204M($83M)$769M3.6x
AirJouleUnited StatesUnited StatesPublicly listed-($28M)$312M1481.6x
American Battery TechUnited StatesUnited StatesPublicly listed$22M($69M)$320M11.3x
Associated Battery Manufacturers East AfricaKenyaNairobiPrivate-$65M$292M-
ElectrovayaCanadaCanadaPublicly listed$64M$5M$321M4.9x

Xinjie Energy Public Comps

Xinjie Energy is still privately-owned, but its public comps include AirJoule, American Battery Tech, Electrovaya, Alfen, FTAI Infrastructure, Cloud Live Technology, Cosel, Darfon Electronics, Alfa Solar and Smart Gunes Enerjisi Tek.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
AirJoule-($28M)-1481.6x(9.6x)(18.2x)
American Battery Tech$22M($69M)12.5x11.3x(3.9x)(12.7x)
Electrovaya$64M$5M5.5x4.9x65.2x31.2x
Alfen$502M$24M0.6x0.5x11.4x10.4x
FTAI Infrastructure$503M$243M8.2x6.3x17.0x14.5x
Cloud Live Technology$50M($11M)5.9x-(25.8x)-
Cosel$161M($13M)1.0x0.9x(11.9x)15.7x
Darfon Electronics$787M$44M0.6x0.6x10.9x-

This data is available for Pro users. Sign up to see all Xinjie Energy competitors and their valuation data.

Start Free Trial

Common questions about Xinjie Energy

When was Xinjie Energy founded?Xinjie Energy was founded in 2020.
Where is Xinjie Energy headquartered?Xinjie Energy is headquartered in Shenzhen, China.
Is Xinjie Energy publicly listed?No, Xinjie Energy is a private, VC-backed company.
What is Xinjie Energy's valuation?Xinjie Energy was last valued at $306M in its Series A in February 2025.
How much funding has Xinjie Energy raised?Xinjie Energy has raised $104M across 2 funding rounds.
What was Xinjie Energy's last funding round?Xinjie Energy's last funding round was a $100M Series B in August 2026, led by Puhua Capital.
Who are Xinjie Energy's investors?Xinjie Energy's investors include Puhua Capital, Fengzhi Fund and Ehang.
Which companies are comparable to Xinjie Energy?Companies comparable to Xinjie Energy include Robestec, Energy Vault, AirJoule, American Battery Tech, Associated Battery Manufacturers East Africa and Electrovaya.
How many companies has Xinjie Energy invested in?Xinjie Energy has invested in 1 company, including Lithium Silicon New Materials.
What was Xinjie Energy's last investment?In January 2026, Xinjie Energy invested in Lithium Silicon New Materials' Series A alongside Fenghe Capital and CY Capital.

See companies similar to Xinjie Energy

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial