# B.E.M

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

- Industry: Industrial Machinery
- Headquarters: Wuxi, China
- Total disclosed funding: $42M
- Latest round: Series B (Mar 11, 2025)
- Investors on record: 10

## About

Founded in 2015 and based in Wuxi, China, B.E.M is an electric motor technology company that provides ship electrification system solutions. The company has a branch in Ingolstadt, Germany called Bayerische Elektrische Maschinen GmbH. As of 2024, it has cooperated with companies such as Germany's MAN, Belgium's ABC, and Britain's Howden. Yanqing Qu, the founder of the company, was a design engineer in the first generation hybrid vehicle drive motor project team of Daimler Benz in Germany and the head of the electrical design department of Cummins in Germany. In March 2025, B.E.M raised approximately CNY 100 million in series B+ funding led by new investor China Merchants Venture Investment Management, with participation from other new investor WUXI HUISHAN STATE-OWEND INVESTMENT HOLDING GROUP and returning investor Wuxi Haichuang Venture Capital Management.

The company's main products include ship high-power generators and ship control systems. The power range of ship high-power generators covers 200kVA~30000kVA, and the voltage range covers 380V~15000V. The company's products are used in power stations, ships, oil fields and other fields.

The company’s revenue is generated by providing ship high-power generators and ship control systems.

The company will use the funds to develop motor technologies, expand its product lines, and commercialize marine power system solutions.

## Funding rounds

- Series B, Mar 11, 2025, $14M — China Merchants Venture Investment Management, Wuxi Haichuang Venture Capital Management, Wuxi Huishan State-Owned Investment Holding Group
- Series B, Jun 13, 2024, $14M — Wuxi Huading Venture Capital, Qingdao Guoxin Venture, Guolian Tongbao Capital, Wuxi Haichuang Venture Capital Management
- Series A, May 16, 2023 — Future Qichuang Capital
- Series A, Dec 27, 2022, $14M — Chengwei Capital, NLVC
- Angel, Aug 16, 2018 — Leaguer Group

## Investors

- Leaguer Group (https://capitalatlas.ai/funds/leaguer-group) — Angel
- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series A
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- Future Qichuang Capital (https://capitalatlas.ai/funds/future-qichuang-capital) — Series A
- Wuxi Huading Venture Capital (https://capitalatlas.ai/funds/wuxi-huading-venture-capital) — Series B
- Qingdao Guoxin Venture — Series B
- Guolian Tongbao Capital (https://capitalatlas.ai/funds/guolian-tongbao-capital) — Series B
- Wuxi Haichuang Venture Capital Management (https://capitalatlas.ai/funds/wuxi-haichuang-venture-capital-management) — Series B
- China Merchants Venture Investment Management (https://capitalatlas.ai/funds/china-merchants-venture-investment-management) — Series B
- Wuxi Huishan State-Owned Investment Holding Group — Series B