First Technology
Latest round
- Series B
Last raised
- Dec 2019
Total raised
- Undisclosed
Investors
- 1
About First Technology
Based in Hangzhou, China and established in 2014, First Technology is a pioneer in the development and implementation of "battery swap" solutions for electric vehicles." The company has collaborated with 7 major manufacturers to develop over 10 models of vehicles, including passenger cars and commercial vehicles. The company specializes in designing standard battery boxes compatible with various vehicle types, such as passenger cars, logistics vehicles, and buses. Their products include vehicle battery swapping systems, central control systems (VCS), and core control systems for swapping stations (GCS), which enhance the battery life and enable efficient battery utilization. The company generates revenue by providing battery swapping services and systems for electric vehicles.
Who invested in First Technology
1 investor across 1 round
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Funding rounds
Series B
Dec 31, 2019
Amount
Undisclosed
Investors
Questions about First Technology
Who invested in First Technology?
First Technology has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has First Technology raised?
First Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did First Technology last raise money?
First Technology's most recent round on record is a Series B, in Dec 2019.
What does First Technology do?
Based in Hangzhou, China and established in 2014, First Technology is a pioneer in the development and implementation of "battery swap" solutions for electric vehicles.
Where is First Technology headquartered?
First Technology is headquartered in Hangzhou, China.
Which VCs invest in companies like First Technology?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back automobiles, other vehicles & parts companies at First Technology's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series B
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