Saikewei has successfully raised over 100 million RMB in a Series A funding round to enhance its lithium battery recycling solutions, solidifying its position in the rapidly growing industry.
Target Information
Ganzhou Saikewei Technology Co., Ltd. (referred to as "Saikewei") is a prominent provider of comprehensive solutions for the recycling and utilization of retired power batteries. Established in December 2020, the company specializes in the research, development, manufacturing, and technological solutions for intelligent equipment related to power battery recycling. Saikewei offers efficient and complete solutions for battery recycling enterprises, boasting significant advantages in proprietary core technologies, a streamlined process, high metal recovery rates, and low production costs.
One of Saikewei's standout offerings is its intelligent recycling equipment designed for the directed dissociation of spent lithium batteries, characterized by its high level of automation, efficiency in separation, and low energy consumption. This technology has been recognized in the 2022 list of major technical equipment promoted in Jiangxi Province and has obtained CE certification from the European Union. With its self-developed SPR technology, Saikewei can achieve full elemental regeneration of power batteries, contributing significantly to both industrial applications and environmental sustainability.
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Industry Overview in China
The battery recycling industry in China is rapidly evolving, driven by the swift proliferation of electric vehicles and the increasing demand for sustainable practices. With government policies encouraging the development of green technology and stricter r
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Disclosed details
Transaction Size: $15M