Phase-Change Energy Storage Raises Over RMB 100M Series A to Scale 10,000-Ton Production Line

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Phase-Change Energy Storage (Hangzhou) New Materials was first to commercialize high-temperature melt-spinning of phase-change materials at scale, closing a Series A of over RMB 100M with follow-on from Hangzhou local SOEs and prior investors. Led by top-university experts, its core product is smart temperature-control yarn with full-stack in-house R&D and production; proceeds will build a 10,000-ton line and brand tech capabilities.

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