Chinese battery fire safety solution innovator Litai New Energy bags tens of millions of yuan in seed financing
Chinese Startup Litai New Energy Secures Funding for Lithium Battery Fire Suppression Technology
Rapid growth in the new energy vehicle (NEV) industry has led to concerns over thermal runaway and fire incidents in energy storage systems, NEVs, and telecom base stations, posing serious safety risks and hindering the industry's development. To address these challenges, Nanjing Litai New Energy Technology Co., Ltd. ("Litai New Energy") has developed a cutting-edge fire suppression technology.
Litai New Energy's lithium battery fire suppression technology features a proprietary water-based suppressant that rapidly generates a dense, fine foam upon activation. This foam tightly envelops the affected lithium battery, effectively smothering flames, adsorbing electrolyte and flammable gases, and interrupting the combustion chain reaction. The technology combines a nanoparticle-based flame-retardant cooling film, dispersed radical scavengers, and targeted metal chelators to address multiple technical issues in battery fire prevention.
This innovative solution offers clean, efficient extinguishing performance with strong re-ignition resistance, outperforming conventional fire extinguishing agents especially in low-temperature tolerance, corrosion resistance, vapor pressure, spray pressure, and overall extinguishing efficiency. The adaptability and stability of Litai New Energy's products across diverse application scenarios help mitigate battery fire risks more effectively.
The target markets for Litai New Energy's products include energy storage containers and cabinets, NEV charging and battery-swap stations, telecom base stations, residential, and commercial energy storage systems. By improving battery fire safety, Litai New Energy supports broader adoption and trust in lithium battery use within these sectors.
Recently, Litai New Energy secured tens of millions yuan in angel funding, which will be used to accelerate the industrialization of its lithium battery fire suppressants, upgrade core technologies, and expand market presence. This funding will enable Litai New Energy to play a potentially crucial role in ensuring safer lithium battery applications in energy storage and NEVs.
Litai New Energy's focus on battery fire safety solutions for various industries, including the new energy vehicle sector, energy storage, and telecom base stations, positions the company as a key player in addressing the safety concerns associated with the growing reliance on lithium batteries in these sectors. With its advanced fire suppression technology, Litai New Energy is poised to make significant contributions to enhancing safety and promoting the development of the new energy industry.
[1] Litai New Energy Secures Funding for Lithium Battery Fire Suppression Technology
[2] Litai New Energy's Innovative Fire Suppression Technology for Lithium Batteries
[1] The funding secured by Litai New Energy will be used to expedite the industrialization of its lithium battery fire suppressants, aiming to ensure safer lithium battery applications in energy storage and new energy vehicles (NEVs).
[2] In the realm of technology, Litai New Energy's groundbreaking fire suppression solution for lithium batteries presents a promising avenue for investors looking to support safer and more reliable energy storage and NEV solutions.