# Dongying Cospower Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dongying-cospower-technology-co

- Industry: Energy Storage & Batteries
- Headquarters: Dongying, China
- Website: www.cospowers.com
- Latest round: Series C (Jun 30, 2021)
- Investors on record: 4

## About

Based in Dongying, China, and established in 2019, Dongying Cospower Technology Co., Ltd. previous named Kunyu Xinnengyuan, is a smart lithium energy overall solution provider. The company's products are sold in 60 countries, including India, South Korea, Russia, and other countries. The company has over 200 patents and formulation of nearly 50 national and industry standards. The company has 11 overseas subsidiaries, and more than 350,000 communication-based stations and power energy storage systems have been installed. Moreover, the company cumulative shipments of energy storage lithium battery products has exceeded 6 Gigawatt Hours (GWH).

The company engages in the R&D and manufacturing of lithium-ion batteries, battery management systems, energy management systems, system integration, and battery recycling. The power energy storage system includes battery energy storage systems, industrial and commercial energy storage systems, and household energy storage systems. The telecom energy storage system includes telecom energy storage and uninterruptible power supply (UPS) storage systems. The power battery include power battery, and construction manchinery.

The company will establish automatic production line of lithium batteries.

## Funding rounds

- Series C, Jun 30, 2021 — Xingwang Capital
- Angel, Apr 17, 2020 — Renhe Capital, Easit Capital, Tiefa Capital

## Investors

- Renhe Capital (https://capitalatlas.ai/funds/renhe-capital) — Angel
- Easit Capital (https://capitalatlas.ai/funds/easit-capital) — Angel
- Tiefa Capital — Angel
- Xingwang Capital (https://capitalatlas.ai/funds/xingwang-capital) — Series C