# GTC-Power (Zhuhai) Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gtc-power-zhuhai-technologies-co

- Industry: Energy Storage & Batteries
- Headquarters: Zhuhai, China
- Total disclosed funding: $7.9M
- Latest round: Series A (Mar 14, 2022)
- Investors on record: 4

## About

Established in 2020 and based in Zhuhai, China, Foshan GTC-Power Technologies Co.,Ltd is an energy storage and battery manufacturing company that focuses on developing all-solid-state lithium battery products. As of 2022, the company employs nearly 50 people and has established battery R&D centers in China and Yokohama, Japan. In March 2022, Foshan GTC-Power Technologies Co.,Ltd raised CNY 50 million in series A funding from new investor. In June 2023, it raised an undisclosed amount of strategic investment from new investors Hailan Investment, Lingtan New Energy Investment (Zhuhai Hengqin), Xiamen Septwolves Venture Capital Co., Ltd., Yufu Capital, Zhuhai Hengqin China Economic and Trade and an individual investor.

The company's main business is emerging energy technology research and development, new material technology research and development, battery manufacturing and battery sales.

The company will launch 5Ah and 20Ah large cells in 2022, 60Ah all-solid-state lithium batteries for 3C and drones in 2023, and 100Ah mass-production powered all-solid-state cells in 2024.

## Funding rounds

- Series A, Mar 14, 2022, $7.9M — China International Capital Corporation, Cowin Capital, Sunwoda Electronic Co., Ltd., Zhuhai Hi-tech Venture Capital

## Investors

- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A
- Sunwoda Electronic Co., Ltd. — Series A
- Zhuhai Hi-tech Venture Capital (https://capitalatlas.ai/funds/zhuhai-hi-tech-venture-capital) — Series A