# GLB Intelligence & Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/glb-intelligence-power

- Industry: Consumer Products
- Headquarters: Shanghai, China
- Website: www.glbpower.com
- Latest round: Series C (Oct 24, 2018)
- Investors on record: 5

## About

GLB Intelligence & Power is a specialized developer of powertrain system solutions focusing on electric motors and electronic control systems for the new energy vehicle sector, enhancing vehicle performance and efficiency.GLB Intelligence & Power Co., Ltd. was founded in 2010 in Shanghai, China, and focuses on providing advanced powertrain solutions for electric vehicles. The company has completed a total of 4 deals since its inception, with its most recent investment round occurring on March 27, 2019. The firm is led by CEO and Founder Bo Guan, who has a background in the automotive industry.GLB Intelligence & Power specializes in the development and provision of powertrain system solutions centered around electric motors and electronic control systems. Their core product offerings include flat wire rotor stators, power modules, and electric drive assemblies designed to enhance electric vehicle performance. These products cater to domestic automotive manufacturers such as Geely, GAC, and Leap Motor and are produced in their R&D facility in Shanghai and a large-scale manufacturing site in Xuzhou, Jiangsu, with plans for international market expansion.GLB Intelligence & Power generates revenue through business-to-business transactions primarily with automotive manufacturers. Their sales agreements typically involve direct transactions for electric drive systems and components, reflecting industry pricing standards for high-tech automotive parts. The company's collaborations with leading Tier 1 suppliers highlight its market position, although specific pricing and revenue figures remain undisclosed.Looking ahead, GLB Intelligence & Power plans to develop and launch new electric drive systems and components targeted at enhancing performance and reliability for electric vehicles. The company aims to expand its market presence beyond China and into international territories as demand for electric vehicle solutions rises. Recent funding raised in March 2019 from Orient Securities Capital Investments will support these growth initiatives, although financial terms of the deal were not disclosed.

## Funding rounds

- Series C, Oct 24, 2018 — Cherami Investment Group, Galaxy Yuanhui Investment
- Series B, Dec 28, 2017 — GAC Capital, Sunny Creative Capital
- Series A, Dec 29, 2016 — Hong Shan

## Investors

- Hong Shan — Series A
- GAC Capital (https://capitalatlas.ai/funds/gac-capital) — Series B
- Sunny Creative Capital (https://capitalatlas.ai/funds/sunny-creative-capital) — Series B
- Cherami Investment Group (https://capitalatlas.ai/funds/cherami-investment-group) — Series C
- Galaxy Yuanhui Investment — Series C