Recently, Hefei Momentum Conservation Green Energy Co., Ltd. (hereinafter referred to as "Momentum Conservation"), a domestic provider of core materials and devices for PEM electrolyzers, officially completed the lead investor's transaction in its multi-million RMB angel round financing. The lead investor in this initial closing of the angel round is Dangkan Tongchuang Capital, with Yuanhe Capital serving as the sole financial advisor for the angel round. This round of financing will primarily be used for the company's technology product development and market expansion.
Momentum Conservation, formerly known as H2Kr New Energy Technology (Shanghai) Co., Ltd., officially settled in North Hefei in August 2022. Momentum Conservation focuses on green hydrogen production technology—the research and production of key materials and devices for proton exchange membrane (PEM) water electrolysis. The company aims to become a leading supplier of key materials and devices for solid electrolyte membrane stacks in the industry. Momentum Conservation has a professional R&D and management team with members from Jilin University, the University of Tennessee, Shanghai Jiao Tong University, Harbin Institute of Technology, and Sun Yat-sen University, possessing extensive experience in catalysis chemistry, fluid mechanics, and systems engineering.
As the legal advisor to Momentum Conservation, Llinks provided professional legal services for this financing, leveraging its extensive project experience in the investment and financing field.
Llinks Team:
Partners: Selena She, Colin Shi
Associate: Chunhui Bai
