Seeds | Ionic Power Closes Pre-A Round Worth Hundreds of Millions of Yuan

Solid Ionic Power (Wuhan) Co., Ltd. is an incubatee of the Wuhan Economic & Technological Development Zone Future-Tech Innovation Institute. The company has successfully closed a Pre-A funding round worth hundreds of millions of yuan, according to Gasgoo Seeds. This milestone marks a critical step in moving its solid-state lithium and sodium-ion battery technology from the laboratory to mass production.

The solid-state lithium/sodium-ion battery project is a key pillar of the zone's "new energy industry cluster." This is according to the Wuhan Economic & Technological Development Zone Media Convergence Center. As one of the first pilot projects to enter Future Academy, it began trial operations in 2023. The project is scheduled to break ground on its Wuhan headquarters in September 2025. The new funding will accelerate this industrialization.

Image Source: Wuhan Economic & Technological Development Zone Media Convergence Center

The company's proprietary 51Ah automotive-grade solid-state battery boasts several core breakthroughs. It uses a flame-retardant solid electrolyte that has passed extreme safety tests. These tests include nail penetration and gunfire, significantly reducing thermal runaway risks. Performance highlights include an ultra-high energy density of 520 Wh/kg. It features 6-minute fast charging and stable operation across temperatures from -45°C to 120°C. The cycle life exceeds 3,500 charges. The battery has secured full certification under GB38031-2025. This is widely regarded as the industry's toughest safety standard.

Investors in this round include Guozhong Capital, Guizhou Provincial Venture Capital, Shenzhen Anshi, and Shenzhen Zhongji. The backing from national and provincial industrial funds reflects strong market confidence in the technology's commercial potential. Strategic players in the supply chain also provided support. Capital raised will be used to build solid electrolyte production lines. It will establish the Wuhan headquarters and manufacturing base. Funds will prepare consumer battery lines and expand the core team. The company will set up global operations. These steps aim to scale the technology from pilot to volume production.

The project's rapid growth is supported by Future-Tech Innovation Institute's full-chain service model. This model includes R&D in universities, concept verification at the center, and pilot maturation at the base. It also involves industrial implementation in the park. Future-Tech Innovation Institute has built 14 pilot production lines and incubated 10 commercial companies. This helps innovative technologies bridge the "valley of death" between the lab and the market.

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Gasgoo's "Seeds Discovery" platform connects startups with ecosystem partners, investors, and local governments. This empowers the supply chain. Since its inception, the column has sought to identify high-potential companies, technologies, and business models. These entities drive the intelligent transformation. According to Gasgoo, nearly every startup featured in "Seeds Discovery" has successfully integrated into the industrial ecosystem.