Phylion Battery is a China-based manufacturer of lithium-ion batteries for electric vehicles. Its core product is lithium-ion EV batteries. Chinese private equity firm Yingke Capital invested Rmb810 million (about $120 million) in a pre-IPO round for the company. The article described the financing as a pre-IPO investment but did not detail use of proceeds or any specific future plans. No operating metrics such as revenue or production volumes were disclosed. The report named only Yingke Capital as the investor and provided no additional financial terms or prior-round information.

Total raised

$120M

Funding rounds

1

Latest round

Equity

Latest activity

May 2019