# Farasis Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/farasis-energy

- Industry: Power & Utilities
- Headquarters: Ganzhou, China
- Website: www.farasis.com
- Total disclosed funding: $1B
- Latest round: Series D (Feb 15, 2019)
- Investors on record: 16

## About

Established in 2009 and based in Ganzhou, China, Farasis Energy (Gan Zhou) Co., Ltd., trading as Farasis Energy or Farasis China, is a technology company that focuses on the production of soft pack power and energy storage batteries. In 2016, the company entered the new energy vehicle market and delivered power battery systems to domestic vehicle manufacturers on a large scale. In 2020, it was listed on the Shanghai Stock Exchange. Its stock code is 688567.

The company's main products are soft pack lithium ion batteries. Soft pack lithium ion batteries are used in transportation, energy storage, equipment, energy Internet of Things and other fields.  Farasis China also provides power and energy storage battery solutions.

## Funding rounds

- Series D, Feb 15, 2019 — Reiter Capital, V Fund, BAIC Capital, Gongying (Tianjin) Equity Investment Management, Shanghai Hongying Investment, Dongxing Capital Investment Management
- Series C, May 22, 2018, $220M — ICBC International, CAS Investment Management, Ciit Asset Management, BAIC Capital, Hangzhou Jintou Jinyun Industrial Investment
- Series C, Feb 8, 2018, $794M — China Venture Capital, China Industrial Bank, Guoxin Guoxin Dongwu Oversea Fund, Dongxing Securities
- Series B, Dec 28, 2017 — Reiter Capital, Benefit Capital, China National Venture Capital Investment, Shanghai Hongying Investment

## Investors

- Reiter Capital (https://capitalatlas.ai/funds/reiter-capital) — Series B, Series D
- Benefit Capital (https://capitalatlas.ai/funds/benefit-capital) — Series B
- China National Venture Capital Investment — Series B
- Shanghai Hongying Investment — Series B, Series D
- China Venture Capital (https://capitalatlas.ai/funds/china-venture-capital) — Series C
- China Industrial Bank — Series C
- Guoxin Guoxin Dongwu Oversea Fund — Series C
- Dongxing Securities — Series C
- ICBC International (https://capitalatlas.ai/funds/icbc-international) — Series C
- CAS Investment Management (https://capitalatlas.ai/funds/cas-investment-management) — Series C
- Ciit Asset Management (https://capitalatlas.ai/funds/ciit-asset-management) — Series C
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series C, Series D
- Hangzhou Jintou Jinyun Industrial Investment — Series C
- V Fund (https://capitalatlas.ai/funds/v-fund) — Series D
- Gongying (Tianjin) Equity Investment Management (https://capitalatlas.ai/funds/gongying-tianjin-equity-investment-management) — Series D
- Dongxing Capital Investment Management (https://capitalatlas.ai/funds/dongxing-capital-investment-management) — Series D