# FORIPOWER

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shenzhen, China
- Website: www.foripower.com
- Latest round: Series A (Feb 21, 2023)
- Investors on record: 4

## About

Based in Shenzhen, China, and established in 2016, FORIPOWER is an auto part company that provides fuel cell parts. In 2016, it established a factory in the Baoan district, Shenzhen, and in 2018, it built an R&D centre in the Nanshan district, Shenzhen. As well, it established a factory in Binzhou in 2021. Besides, it become one of the suppliers of vehicle corporations, such as Dongfeng Motor Group, Beijing SinoHytec Co., Ltd.,  and Chang'an.

FORIPOWER provides fuel cell parts, including fuel cell direct current (DC) to DC converters, vehicle-mounted DC to DC converters, compressor motor controllers, and power control units. The fuel cell DC to DC converters are specifically used products for fuel cell electronic vehicles. And fuel cell DC to DC converters include FRF 120, FRF130, FRF 140, FRF 150, and  FRF 120, FRF130, and FRF 140 are boost DC to DC converters. And FRF 150 is a buck-boos DC to DC converter. And compressor motor controllers' direct current voltage range from 250 voltage DC to 700 voltage DC, and its motor can reach 180,000 revolutions per minute (rpm).

## Funding rounds

- Series A, Feb 21, 2023 — Shenzhen HTI, Flyfot Ventures, Tsinghua Innovation Ventures, Yuanhui Investment

## Investors

- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- Flyfot Ventures (https://capitalatlas.ai/funds/flyfot-ventures) — Series A
- Tsinghua Innovation Ventures (https://capitalatlas.ai/funds/tsinghua-innovation-ventures) — Series A
- Yuanhui Investment — Series A