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Phylion Battery - About the company

Phylion Battery is a series B company based in Suzhou (China), founded in 2003 by Liquan Chen. It operates as a Provider of lithium-ion batteries for electric vehicles. Phylion Battery has raised $120M in funding from investors like Legend Holdings, CCB International and Yingke Capital. The company has 1524 active competitors, including 161 funded and 131 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and SES Technologies.

Company Details

Provider of lithium-ion batteries for electric vehicles. The company provides solutions for electric scooters, electric cars, energy storage power systems, telecom power backup systems and others.
Phone Number
+86 **********
Registered Address
944, Block C, Sushant Lok Phase 1, Gurgaon, Gurgaon, Basai Road, Haryana, India, 122001
Key Metrics
Founded Year
2003
Location
Suzhou, China
Stage
Series B
Total Funding
$120M in 3 rounds
Latest Funding Round
Ranked
Employee Count
43 as on Apr 30, 2026
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Phylion Battery's funding and investors

Phylion Battery has raised a total funding of $120M over 3 rounds. Its first funding round was on Sep 2014. Its latest funding round was a Series B round on May 01, 2019 for $*****. 1 investor participated in its latest round. Phylion Battery has 5 institutional investors.

Here is the list of recent funding rounds of Phylion Battery:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2019
5351797
Series B
9296710
6204318
2122855
6745206
2015
8362
Series A
4885
9478
9816
5110
Sep 2014
9781563
Series A
6794666
4733870
2545983
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Phylion Battery's founders and board of directors

Founder? Claim Profile
The founders of Phylion Battery is Liquan Chen.
Here are the details of Phylion Battery's key team members:

Phylion Battery's employee count trend

Phylion Battery has 43 employees as of Apr 26. Here is Phylion Battery's employee count trend over the years:
Employee count trend for Phylion Battery
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Phylion Battery's Competitors and alternates

Top competitors of Phylion Battery include A123 Systems, QuantumScape and SES Technologies. Here is the list of Top 10 competitors of Phylion Battery, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
73/100
3rd
Logo for SES Technologies
SES Technologies
2012, Woburn (United States), Public
Developer of Li-Metal batteries and AI-powered battery management solutions
$336M
72/100
4th
Logo for Amprius Technologies
Amprius Technologies
2009, Fremont (United States), Public
Developer of silicon nano-wire-based Li-Ion batteries
$55M
71/100
5th
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
6th
Logo for 24m Technologies
24m Technologies
2010, Cambridge (United States), Series H
Developer of battery technology for electric vehicles and energy storage
$500M
69/100
7th
Logo for Enovix
Enovix
2006, Fremont (United States), Public
Battery cells developer for lithium-ion batteries
$220M
69/100
8th
Logo for Neuron Energy
Neuron Energy
2018, Mumbai (India), Series A
Manufacturer of lithium-ion batteries for electric vehicles and energy storage
$9.61M
69/100
9th
Logo for InoBat
InoBat
2019, Bratislava (Slovakia), Series B
Developer of battery solutions for energy security and sustainable e-mobility
$147M
68/100
10th
Manufacturer of battery systems for electric vehicles and energy storage
-
67/100
101st
Logo for Phylion Battery
Phylion Battery
2003, Suzhou (China), Series B
Provider of lithium-ion batteries for electric vehicles
$120M
48/100
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Phylion Battery's Investments and acquisitions

Phylion Battery has made no investments or acquisitions yet.

News related to Phylion Battery

Chinese EV battery maker raises $120m in pre-IPO roundAsian Venture Capital JournalMay 01, 2019Phylion Battery
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