HICY
Latest round
- Series A
Last raised
- May 2025
Total raised
- Undisclosed
Investors
- 1
About HICY
HICY, founded in 2017, operates in Suzhou, China, focusing on battery testing technology. The company has made one significant deal to date, with the most recent deal occurring on May 7, 2025. The founder of HICY previously founded other companies, contributing to a strong background in battery technology.???????? specializes in advanced battery testing technologies aimed at enhancing the performance and safety of batteries throughout their lifecycle. Key product offerings include a range of instruments such as powder resistance and compaction density testers, separators ion conductivity meters, and in-situ gas generation testers, all designed to accurately measure electrochemical parameters like resistance and conductivity. These products cater to various stages of battery development, from material research and electrode characterization to in-situ monitoring during battery performance testing. The company serves a diverse clientele that encompasses major players in the battery supply chain, including raw material suppliers like ????, battery manufacturers such as ????, and automotive manufacturers including ???? and ????.'s products are distributed across various international markets, including North America, Europe, and Southeast Asia, reinforcing its commitment to delivering technology to the global energy sector.???????? generates revenue through direct sales of its specialized testing equipment and services to a wide array of business clients in the energy and automotive sectors. The company's business model primarily focuses on B2B transactions, where clients engage in purchasing testing solutions tailored to their specific needs, often following extensive consultations. Revenue is derived from both one-time purchases of equipment and possibly ongoing service agreements that provide customers with support and maintenance for their testing systems. The company will use the funds for product iteration and upgrading, global brand matrix construction, and developing an intelligent detection cloud platform. Plans for future growth include launching new battery testing products by the end of 2025 and expanding its market presence specifically in Europe and Southeast Asia within the next two years.
Who invested in HICY
1 investor across 1 round
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Funding rounds
Series A
May 7, 2025
Amount
Undisclosed
Investors
Questions about HICY
Who invested in HICY?
HICY has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HICY raised?
HICY has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did HICY last raise money?
HICY's most recent round on record is a Series A, in May 2025.
What does HICY do?
HICY, founded in 2017, operates in Suzhou, China, focusing on battery testing technology.
Where is HICY headquartered?
HICY is headquartered in Suzhou, China.
Which VCs invest in companies like HICY?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back industrial machinery companies at HICY's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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