# Fonrich

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fonrich

- Industry: Power & Utilities
- Headquarters: Shanghai, China
- Website: www.fonrich.com
- Total disclosed funding: $0.8M
- Latest round: Series A (Oct 28, 2024)
- Investors on record: 2

## About

Based in Shanghai, China, and founded in 2011, Fonrich operates as a solar photovoltaic power generation product manufacturer, focusing on the photovoltaic new energy field. The company has acquired 200 patents, including approximately 100 invention patents, and its products are certified by UL, CSA, TUV, CE, EMC, CGC, etc. In 2014, it raised CNY 5 million in angel funding from Chenhui Venture Partners. In December 2024, Fonrich closed series A funding from Industrial Capital Management.

The company's products include photovoltaic intelligent component-level safety protection system, photovoltaic component intelligent optimization system, DC arc fault detector, photovoltaic intelligent combiner box monitoring, etc. Specifically, they include DC arc fault detector, photovoltaic intelligent safety optimizer, component-level monitoring, refined cloud management system, etc.

The company generates revenue by developing intelligent control optimizer, intelligent control switch, micro-inverter, solar storage direct flexible and other photovoltaic module-level power electronic (MLPE) systems and component products.

The company will use the series A funding to strengthen technology research, expand product share in the industry, and application of safe and intelligent new energy systems.

## Funding rounds

- Series A, Oct 28, 2024 — Industrial Securities Capital
- Angel, Jun 1, 2014, $0.8M — Chenhui Venture Partners

## Investors

- Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Angel
- Industrial Securities Capital — Series A