卖什么
Rare-metal-free AZUL catalyst for fuel cells, electrolysis and metal-air batteries, plus Ferion air battery and AZUL supercapacitor.
商业模式拆解
买家：谁掌握预算？
未核实R&D and materials/battery development leads at fuel cell, electrolyser and battery makers and research institutes; inferred from sample evaluation and research reagent sales.
触发点：什么让他们现在购买？
Platinum is costly (JPY 5M/kg stated) and supply-constrained; AZUL claims ~1/10 platinum cost, 99% less CO2 and no fire risk, and a Ferion air battery with 3x lithium-ion energy density.
工作流：什么输入变成什么输出？
Customer requests samples via contact form, evaluates AZUL catalyst in its cell/electrode, then buys through distributors (Nippo Sangyo since Feb 2025; Fujifilm Wako reagent catalogue since Jul 2026) or co-develops with AZUL, which also offers carbon support selection, ink dispersion and cell evaluation.
经济账：省了什么，怎么收费？
Claims about 90% lower cost than platinum catalyst and 99%+ lower CO2; mass producible in existing chemical plants; supercapacitor capacity 2.6x ordinary capacitors.
渠道：怎么接触到客户？
Inquiry form for samples/consultation, replies in 2-3 business days.
融资历史与报道
| 融资日期 | 轮次 | 金额 | 投资方 | 来源 |
|---|---|---|---|---|
| 2026-07-30 | Series A Extension | — | — | news.google.com |
档案汇总自公开报道和公司官网。商业模式部分是 MaxBC 对这些材料的解读，不是已确认的事实；未知之处留空，不作猜测。 更新于 2026-10-12.