Zendure closes ¥1B Series B round backed by Han's Laser and De Lian Capital
What's the deal? Zendure, a Chinese home energy storage company, has closed a Series B round worth several hundred million yuan (RMB). The round was led by Han's Laser — a major A-share listed laser equipment manufacturer — and De Lian Capital as strategic investors.
Zendure develops, manufactures, and sells home energy storage systems. Its flagship product, the SuperBase V, is the first home energy system in the storage industry to use semi-solid-state battery technology.
Why now? The home energy storage market is booming globally as consumers seek more control over electricity costs and grid independence. Semi-solid-state batteries promise higher energy density and improved safety over conventional lithium-ion cells, making them a competitive differentiator as the sector matures.
The strategic backing from Han's Laser — one of China's largest industrial laser and automation companies — suggests Zendure may be looking to scale its manufacturing capabilities and tighten supply chain integration.
What could go wrong? Home energy storage is an increasingly crowded space, with heavyweights like Tesla, BYD, and EcoFlow all vying for market share. Semi-solid-state battery technology, while promising, still faces questions around cost and mass-production scalability.
Geopolitical tensions and trade barriers could also complicate international expansion for a China-based hardware brand.
The signal: Strategic investors from adjacent industries — laser equipment, in this case — are betting that home energy storage will become a core consumer category, not just a niche product. The deal reflects a broader trend of Chinese industrial giants positioning themselves across the clean energy value chain, from components to finished consumer products.