# Astro-E

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/astro-e

- Industry: Renewable Energy
- Headquarters: Ningbo, China
- Latest round: Seed (Jan 10, 2023)
- Investors on record: 3

## About

Established in 2022 and based in Ningbo, China, Astro-E is a new energy product and system service provider, mainly promoting products such as intelligent micro photovoltaic energy manager and flexible lightweight thin film solar cells. The company's R&D team is all from the Chinese Academy of Sciences, and the founder, Mr. Liu Xiangxin, is an international expert in the field of CdTe thin film solar cells.

The company mainly develops micro-inverters and promotes products such as intelligent micro photovoltaic energy manager and flexible and lightweight thin film solar cells. In terms of hardware, the company adopts a new DC boost circuit topology developed by itself and equipped with third-generation semiconductor devices, while in terms of software, the company adopts a new control algorithm, which is more suitable for BIPV application scenarios. Meanwhile, the company's microinverter's module-level MPPT controller is able to track the maximum power point of each PV module separately. The company will launch its first-generation microinverter TM-LV2000MI for crystalline silicon solar modules and other products in early 2023.

The company raised a venture funding in January 2023, this round of funding will be mainly used for the R&D and production of PV micro-inverters and the development of key production equipment for flexible thin film solar cells.

## Funding rounds

- Seed, Jan 10, 2023 — Ningbo Science and Technology Financial Service Center, Asia Green Fund, CAS Venture Capital

## Investors

- Ningbo Science and Technology Financial Service Center — Seed
- Asia Green Fund (https://capitalatlas.ai/funds/asia-green-fund) — Seed
- CAS Venture Capital (https://capitalatlas.ai/funds/cas-venture-capital) — Seed