# Cheers-In

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cheers-in

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.cheers-in.com
- Total disclosed funding: $0.2M
- Latest round: Series A (Feb 19, 2013)
- Investors on record: 1

## About

Cheers-In specializes in innovative renewable energy solutions, particularly solar energy systems and energy storage technologies, aiming to meet the demand for sustainable energy alternatives globally.Cheers-In was founded in 2011 and is headquartered in Shanghai, China. The company focuses on providing renewable energy solutions and has successfully raised USD 0.230 mn in a Series A funding round from Kima Ventures in February 2013. There are no known changes in business strategy.Cheers-In develops and manufactures renewable energy solutions with a primary focus on solar energy systems and energy storage technologies. Their product line includes solar panels suitable for residential, commercial, and industrial use, aimed at converting sunlight into sustainable energy. They also offer energy storage solutions that allow for the storage of excess energy generated during peak sunlight for later use, catering to markets in both urban and rural areas, particularly in Europe and Asia.Cheers-In generates revenue primarily through direct sales of solar energy systems and energy storage solutions to B2B clients and consumers. Their revenue model includes one-time purchases of installations and storage units, which may include installation services. They have partnered with local contractors and energy service providers to enhance the distribution and installation processes of their products, which include high-efficiency solar panels and advanced battery storage systems.Cheers-In plans to utilize the recent funding of USD 0.230 mn from Kima Ventures to support the development of new products and enhance their market presence. They are focusing on expanding into new regions, specifically targeting markets in Europe and Asia, with anticipated product launches and geographical expansions scheduled for 2014.

## Funding rounds

- Series A, Feb 19, 2013, $0.2M — Kima Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Series A