Dalian Bolong New Materials

All-vanadium redox flow battery developer.

Launch date

Mar 2008

Employees

Market cap

Enterprise valuation

CAD1.1b (Public information from Apr 2023)

China (HQ)

http://www.bnm-bolong.com/

https://www.linkedin.com/company/dalian-bolong-new-materials-co-ltd-/

Date	Investors	Amount	Round
Jan 2022*	Roton Capital Zhongji Investment	N/A	Series A
Dec 2022*	Newonder Special Electric Shanghai Biren Intelligent Technology Jinding Capital Sinomag Technology	CNY200m	Series B
Apr 2023*	Legend Capital Dalian Finance Industry Investment Group (DFIIG) Roton Capital	CNY1.0b Valuation: CNY6.0b	Series B
Total Funding		CAD225m