Paragonage
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Paragonage - overview
Established
2022
Location
Shenzhen, Guangdong, China
Primary Industry
Energy Storage & Batteries
About
Established in 2022 and based in Shenzhen, China, Paragonage is a new energy enterprise that designs and develops sodium-ion batteries. The company was founded by a team headed by Dr. Mingxiang Hu and Vision Group. It has established partnerships with ZTE, China Tower, Senior, etc.
In September 2023, Paragonage raised pre-series A funding from new investors Jinkong Qiyuan Capital and Wuxi Public Utilities Industrial Group Co. , Ltd. The company designs develops and manufactures its sodium ion batteries, including cells and modules. The company has improved its adaptability in different scenarios through product modularity, including applications in reserve all-in-one, UPS, communication base stations, electric vehicles, etc.
The company will use the funds for the construction of the pilot line. By the end of 2023, it will put its production line into operation and reach a production capacity of 0. 1 GWh.
Current Investors
Shenzhen Senior Technology Material Co., Ltd, Shenzhen Green Eco-Manufacture Hi-Tech Co., Ltd, SZZT Electronics
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.paragonage.com
Verticals
Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
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