Sichuan Shunying focuses on materials for power batteries, specifically nickel–cobalt metal refining and production of ternary precursors. The company has piloted a “nitric acid pressurized gradient leaching separation” technology, with a pilot completed under A‑round support. Recent financing is intended to accelerate landing of its nickel–cobalt metal refining and ternary precursor projects. The company has attracted strategic investors across regional industrial and state‑linked funds. Its financing history includes an A‑round strategic investor in 2019 and subsequent multi‑hundred‑million‑yuan financings. The new funding is presented as supporting rapid project implementation and broader industrialization of its technology.

Total raised

$89M

Funding rounds

1

Latest round

Series B

Latest activity

Feb 2023