Yiruida secures CNY10 million for battery-insulation production

Angel backing for battery materials

The financing closed in July 2024. Xinghua authorities reported the investment on December 13, 2024, describing how the two funds helped bring Yiruida’s manufacturing project to the city.

Commercializing nanotechnology

Yiruida makes fire-resistant thermal barriers for battery cells, commercializing technology from the Chinese Academy of Sciences’ Suzhou Institute of Nano-Tech and Nano-Bionics.

The company built its first line in a rented factory in Xinghua. By November 16, 2024, it had begun production for its first order from a Taiwanese customer.

Use of funds

Establish battery thermal-insulation materials production in Xinghua.

Funding history

Sources

1. 泰州兴化：科技招商另辟蹊径xinghua.gov.cn · Dec 13, 2024↗
2. 泰州兴化：科创项目为新质生产力发展注入源源动力xinghua.gov.cn · Sep 30, 2025↗