# eTrust Power (ETP) Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/etrust-power-etp-group

- Industry: Energy Storage & Batteries
- Headquarters: Zhenjiang, China
- Website: www.etrustpower.com
- Latest round: Series B (Mar 19, 2018)
- Investors on record: 3

## About

Established in 2016 and based in Zhenjiang, China, eTrust Power (ETP) Group Ltd. operates as a battery manufacturer that provides lithium-ion power batteries and ancillary products. The company has production bases in Jiangsu and Anhui. In January 2017, it became a core member of AessE & AT. In March 2017, it passed ISO/TS16949 quality system (LOC). In May 2023, it closed strategic investment from Bank Of China Financial Assets Investment and ICBC Capital Management.

The company's products are divided into three series, which include battery cell products, green transportation and energy storage, such as cell series and power battery system. Products can be applied in the fields of new energy vehicles and energy storage systems.

## Funding rounds

- Series B, Mar 19, 2018 — Gaorong Ventures
- Series A, Aug 26, 2016 — CPE Funds Management, GP Capital

## Investors

- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series A
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series B