ZhenFund's Early Project "WeView" Completed over 600 Million yuan in Series A Financing

Recently, WeView completed a round of financing of over 600 million yuan in Series A  financing. This round of financing was jointly led by Guohexinli Capital and Zhuhai Dahengqin Group. Previously, Zhen Fund had participated in its Pre-A series of financing rounds.

WeView was established in 2018. It is a high-tech-driven intelligent manufacturing company for energy storage batteries. It has long been committed to the research and development of new energy storage technologies and the intelligent manufacturing of energy storage batteries. The company's first 100-megawatt-level "flow battery stack intelligent production line" was launched in January this year, and the first GW-capacity "super G factory" will be put into operation in the middle of this year, leading the flow energy storage battery industry into a new era of intelligent manufacturing.

The funds will be used for the construction of multiple gigawatt-level "super-G factories" of WeView, continuously improve the production capacity of WeView zinc-iron flow batteries, continue to reduce the cost of energy storage batteries, and contribute to the construction of new power systems and the early realization of China's dual-carbon goal.