# Beijing Hong Hui International Energy Technology Development Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-hong-hui-international-energy-technology-development

- Industry: Energy Storage & Batteries
- Headquarters: Beijing, China
- Website: www.honghuienergy.com
- Latest round: Series B (Dec 1, 2017)
- Investors on record: 3

## About

Based in Beijing, China and established in 2015, Beijing Hong Hui International Energy Technology Development Co., LTD is an energy supply and storage developer which focuses on flywheel energy storage technology. The company delivered a 16MW dynamic flywheel UPS system in 2018, and in 2019, it delivered projects such as the State Grid Shunyi Power Supply Bureau's Flywheel Mobile Power Vehicle, PetroChina's Flywheel Energy Storage Energy Recovery System, and the State Grid Shunyi Power Supply Bureau's Flywheel Energy Storage DC Power Station. It has partnerships with Zhejiang University, CNYD, SIEM, and Cosic. In October 2023, it raised CNY 200 million in strategic investment from new investors Roton Capital and Zhuiyuan Venture Investment.


The company has developed the high-power magnetic levitation flywheel energy storage technology, which has been applied to the fields of power protection, oil drilling, rail or subway, transportation, new energy, micro grid, data center, port and dock, military and so on. It's also providing customers with solutions for energy saving, storage and power quality improvement.

## Funding rounds

- Series B, Dec 1, 2017 — SDIC Venture Capital
- Series A, Sep 22, 2017 — BICI Capital Fortune
- Series A, Mar 31, 2017 — Holch Capital

## Investors

- Holch Capital (https://capitalatlas.ai/funds/holch-capital) — Series A
- BICI Capital Fortune (https://capitalatlas.ai/funds/bici-capital-fortune) — Series A
- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B