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- Xinjie Energy
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Feb 2025 | Series 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Series B | Puhua Capital (lead) | $100M | - | - |
| Feb 2025 | Series A | Fengzhi Fund (lead); Ehang | $4M | $306M | Xinjie 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Aug 2026 | ||
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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 TrialInvestments 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
| 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 Country | |
| HQ City | - |
| Deal Date | 27 Jan 2026 |
| Round | Series A |
| Raised | undisclosed |
| Investors | Fenghe Capital; CY Capital |
| Valuation | undisclosed |
| 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $145M | - | ||
| Publicly listed | $204M | ($83M) | $769M | 3.6x | ||
| Publicly listed | - | ($28M) | $312M | 1481.6x | ||
| Publicly listed | $22M | ($69M) | $320M | 11.3x | ||
| Private | - | $65M | $292M | - | ||
| Publicly listed | $64M | $5M | $321M | 4.9x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | ($28M) | - | 1481.6x | (9.6x) | (18.2x) | |||
| $22M | ($69M) | 12.5x | 11.3x | (3.9x) | (12.7x) | |||
| $64M | $5M | 5.5x | 4.9x | 65.2x | 31.2x | |||
| $502M | $24M | 0.6x | 0.5x | 11.4x | 10.4x | |||
| $503M | $243M | 8.2x | 6.3x | 17.0x | 14.5x | |||
| $50M | ($11M) | 5.9x | - | (25.8x) | - | |||
| $161M | ($13M) | 1.0x | 0.9x | (11.9x) | 15.7x | |||
| $787M | $44M | 0.6x | 0.6x | 10.9x | - | |||
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. |
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