# Hangzhou Xieneng Technology Co.

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

- Industry: Energy Storage & Batteries
- Headquarters: Hangzhou, China
- Website: www.bmser.com
- Total disclosed funding: $17M
- Latest round: Series C (Feb 2, 2024)
- Investors on record: 14

## About

Established in 2012 and based in Hangzhou, China, Hangzhou Xieneng Technology Co.,Ltd. is a battery developer that focuses on the development and research of new energy battery management technology. The company has cooperated with Geely, King Long, Tianneng Co.,Ltd., Narada, and other enterprises. It has acquired more than 150 patents. BMSer has obtained more than 30 international certifications such as UL, TUV, JET, etc, and has been recognized as a National Specialized, Refined, Featured and Original SMEs. In February 2024, Xieneng Technology closed series C funding.

Hangzhou Xieneng Technology Co.,Ltd. provides battery management solutions. The products of the company related to Battery Management System(BMS) includes energy storage, electric cars, backup power, two-wheeler and echelon utilization products, such as 1500V energy storage BMS products.

## Funding rounds

- Series C, Feb 2, 2024 — Oriza Holdings, GF Xinde Investment, Gaorong Ventures, Zhejiang Geely Holding Group Co., Ltd., Lenovo Capital and Incubator Group, Xiaomi Group, CITICS Securities, Hanhui Capital
- Series B, Aug 2, 2021, $15M — Lightspeed Venture Partners, Holy Capital
- Series B, Jun 30, 2015, $1.6M — Sinowisdom, Plum Ventures
- Series A, May 23, 2012, $0.4M — Puhua Capital, MPC

## Investors

- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series A
- MPC — Series A
- Sinowisdom (https://capitalatlas.ai/funds/sinowisdom) — Series B
- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B
- Holy Capital (https://capitalatlas.ai/funds/holy-capital) — Series B
- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Series C
- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Series C
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series C
- Zhejiang Geely Holding Group Co., Ltd. — Series C
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series C
- Xiaomi Group — Series C
- CITICS Securities — Series C
- Hanhui Capital — Series C