Back to cases
Green & Energy Materials
Sodium-Ion Storage Integration · Series A US$45M
2028Ningde / Paris
Choosing between lithium and sodium, the platform used a 6-dimension cost-path model + 3-country tariff sensitivity to justify a narrow-band entry strategy: sodium-ion + C&I energy storage.
Entry niche
C&I storage
Gross margin
27.4%
First-year orders
$12M
Sodium-ion material route: hard-carbon anode + Prussian-white cathode — 5 sources of uncertainty across raw-material price / cycle.
The platform delivered cost paths across 10K Monte Carlo paths and recommended 'no EV for 2 years, focus on C&I storage.'
Acting on this strategy, the team built a 200MWh pilot line with a district in Ningde and won $12M of first-year orders.
Series A valuation $180M, signed with a 5% equity alignment (restricted stock, 3-year vesting).