Founded in September 2023 by Feng Fan and Peng Zongyang, Yanhe Technology develops perovskite light-energy batteries and photovoltaic solutions for consumer electronics and space applications. The company has built a 100MW-level fully automated perovskite mass-production line for the consumer-grade market and supplies products across dozens of categories, including cameras, smart door locks, electronic photo frames, keyboards, and mice. Its products have entered the supply chains of more than 100 brands in over 50 countries and regions, with customers including Lenovo, Samsung, and members of the Xiaomi ecosystem. Yanhe pursues a two-track strategy: quickly monetize consumer-grade products to generate stable cash flow while using those resources to advance space photovoltaics. It has formed strategic partnerships with Zhongke Tiansuan and HangSheng Satellite to develop lightweight, high-stowage-ratio satellite solar wings with plans for on-orbit verification and staged satellite launches beginning in 2026. The company targets revenue of over 100 million yuan in 2026 and aims to reach break-even in the first half of 2027.

Total raised

$28M

Funding rounds

4

Latest round

Series A

Latest activity

Jan 2026