Enpower Greentech Inc. (the holding company of Enpower companies in the US, Japan and China) has raised $20 million in a Series-A+ round led by Sequoia China and Dayone Capital. GAC Capital, BR Capital, Tianqi Capital and Niuli Venture also participated in the financing round. Scheme Capital served as the financial advisor.

Enpower Greentech’s lithium metal battery (LMB) has passed the nail-penetration test, which is a very challenging safety test for lithium-ion batteries. Enpower also obtained the UN38.3 transport safety certification from an accredited third-party tester.

Successful prototyping and demonstration of a lithium metal battery with a mass energy density of 520Wh/kg cell.

Enpower Greentech, in a collaboration with Softbank Corp, has developed and verified a record-breaking lithium metal battery with an ultra-high energy density of 520 Wh/kg (1100 Wh/L).

Enpower Greentech and SoftBank successfully verified a high energy density (450+Wh/kg) lithium metal battery. They also successfully developed critical technologies that will extend the service life of lithium metal batteries.