Svolt Energy Technology Co., Ltd. is primarily engaged in manufacturing storage batteries.
Svolt Energy Technology Co., Ltd. is a high-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, an energy storage system (ESS), and solar energy R&D and manufacturing.Headquartered in Wuxi, Jiangsu, SVOLT plans for 7 R&D centers around the globe, with four currently in operation, in Baoding, Korea, Shanghai and India, and three are under construction in the US, Japan and Wuxi. Domestically, SVOLT’s factory is under construction in Changzhou, Jiangsu, which will be operational by the end of 2019 with SOP in February 2020, and will have a capacity of 12GWh in 2020.Roadmap: SVOLT is pioneering the introduction of prismatic stacking batteries, making it the world’s first high-speed stacking prismatic battery maker. SVOLT aims to finish stacking one cell in 0.25 seconds in one single station. In contrast to the same type of winding process, the energy density of SVOLT stacking batteries improves 5%, the cycle life improves 10% and the cost reduces 15%.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 13, 2021 | Series B | ¥6B | 1 | — | — | Detail |
Feb 26, 2021 | Series A | ¥3.50B | 4 | — | — | Detail |
Date
Company Name
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Round | Money Raised | Industry | Lead Investor |
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Jan 15, 2022
Kuntian New Energy
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Series A | — | Battery | — |
Investor Name | Lead Investor | Funding Round |
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China Industrial Bank | — | Series B |
Zju Jiuzhi Investment Management | — | Series A |
Beijing Financial Street Capital Operation Center | — | Series A |
HT Capital | — | Series A |
Changzhou Venture Capital Group Co., Ltd. | — | Series A |