# Hangzhou Runpaq Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hangzhou-runpaq-technology-co

- Industry: Industrial Machinery
- Headquarters: Hangzhou, China
- Website: www.runpaq-tech.com
- Latest round: Series A (Dec 3, 2014)
- Investors on record: 2

## About

Established in 2009 and based in Hangzhou, China, Hangzhou Runpaq Technology Co., Ltd. operates as an equipment manufacturer dedicated to providing building electricity, heating and cooling equipment. It has obtained 30 patents, including 6 invention patents, 15 utility model patents, and 9 appearance patents. The chairman of the company, Shuiquan Ye graduated from Zhejiang University. In December 2015, the company series B funding from new investor Shanghai Zhanpeng Investment Management. In December 2016, Hangzhou Runpaq Technology Co., Ltd. was listed on the New Third Board (NEEQ).

The company mainly provides variable air volume and air conditioning terminal products, energy management products, energy storage products, and electrode boilers. The energy management products include heat meters and flow meters, central air conditioning billing products, data collection and communication products. Runpaq also provides solutions such as green building environment solutions, low-carbon building energy solutions, and energy and environment collaborative control solutions. Products and services are targeted at enterprises in the fields of energy, electricity, and the built environment.

The company generates revenue by providing building electricity, heating and cooling equipment and solutions.

## Funding rounds

- Series A, Dec 3, 2014 — ZJVC Venture Capital
- Angel, Aug 1, 2012 — Zheke Investment Management

## Investors

- Zheke Investment Management (https://capitalatlas.ai/funds/zheke-investment-management) — Angel
- ZJVC Venture Capital (https://capitalatlas.ai/funds/zjvc-venture-capital) — Series A