# Hepu Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hepu-energy

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Beijing, China
- Website: www.hepuenergy.com
- Latest round: Series A (Nov 21, 2019)
- Investors on record: 4

## About

Founded in 2016 and based in Beijing, China, Hepu Energy operates as an energy service company that focuses on providing new energy products and related services. It was recognized as the National High-tech Enterprise. The company has 17 subsidiaries in more than 10 provinces and cities, including Guangdong, Beijing, etc. In November 2019, Hepu Energy closed a series A funding from new investors Hangzhou Purun Asset Management and Huaxin Capital. In 2021, the company's Yangxi energy storage and frequency regulation project was put into commercial operation.

The company is mainly engaged in the consumption of new energy power, the transformation and development of coal-fired power flexibility, and the research and application of energy storage technology. Its business covers virtual power plants and distributed energy projects, coal-to-electricity integration projects of thermal power plants, and flexibility transformation of thermal power plants. The company also provides new energy products including solid thermal storage electric boilers and electrode boilers.

The company generates revenue by providing new energy products and related services.

## Funding rounds

- Series A, Nov 21, 2019 — Huaxin Capital, Purun Capital
- Angel, Jan 31, 2018 — E-Town International Industrial Investment, Sunland Capital

## Investors

- E-Town International Industrial Investment (https://capitalatlas.ai/funds/e-town-international-industrial-investment) — Angel
- Sunland Capital — Angel
- Huaxin Capital — Series A
- Purun Capital (https://capitalatlas.ai/funds/purun-capital) — Series A