Yinong Technology completed nearly 100 million yuan in Pre-A round of financing to accelerate the industrialization of sodium batteries

Recently, Jiangsu Yingong Technology Co., Ltd. (Yingong Technology for short), an innovative battery technology developer, announced the completion of a Pre-A round of financing of nearly 100 million yuan. This round of financing was led by IDG Capital, followed by Xianghe Capital and local state-owned capital, and old shareholder Lightspeed Photosynthesis continued to increase its investment. Since its establishment in December 2023, Yingong Technology has quickly emerged in the field of sodium electricity with its advanced "negative electrode-free" battery technology, accelerating the innovation of sodium electricity core technology. The company has successfully developed three series of sodium battery cells with high specific energy (Yingfeng), high power (Yingsu), and high safety (Yinghu), which are widely used in 3C products, two-wheeled vehicles, power tools, start-stop power supplies, data center energy storage and other fields, and can provide sodium-ion battery complete line solutions.