For piezoelectric tensors, Olive (2014) proposed a minimal integrity basis of 495 hemitropic invariants, which is also a functional basis. In this article, we construct a new functional basis of hemitropic invariants of piezoelectric tensors, using the approach of Smith and Zheng. By eliminating invariants that are polynomials in other invariants, we obtain a new functional basis with 260 polynomially irreducible hemitropic invariants. Thus, the number of hemitropic invariants in the new functional basis is substantially smaller than the number of invariants in a minimal integrity basis.