Chinese battery separator maker Horizon joins unicorn club after $195m deal

Chinese battery separator maker Horizon joins unicorn club after $195m deal

Visuals from the official website of Jiangsu Horizon New Energy Technology

Jiangsu Horizon New Energy Technology, a Chinese manufacturer of lithium-ion battery separators, has raised 1.37 billion yuan ($195.4 million) from 11 investors to boost its valuation to $1 billion.