IPV Capital and Qian Neng Fund emerge from China to back US-based Amprius.
Amprius, a US-based developer of lithium ion battery technology, has raised $25m in its series B round from a consortium including two China-based firms,
venture capital (VC) firm IPV Capital and Qian Neng Fund, thought to be connected to China-based industrial group Qianneng.
The other investors were VC firms Kleiner Perkins Caufield & Byers, Trident Capital and VantagePoint Venture Partners; angel investor Eric Schmidt; and Stanford University.
Kang Sun, chief executive of Amprius, said: "Our recent fundraising will…