# Higec

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/higec

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Suzhou, China
- Website: www.higec.com
- Total disclosed funding: $8.3M
- Latest round: Series A (Sep 1, 2023)
- Investors on record: 5

## About

Established in 2010 and based in Suzhou, China, Higec operates as a new energy vehicle key parts developer that provides vehicle control systems, battery management systems and motor control systems. The company was established by Suzhou Chuangyuan Investment Development(Group)Co.,Ltd. The core research team has 32 employees and 47.4% have master's degree. It has many awards, such as "Top 100 Specialized and Specialized Enterprises in Suzhou" and "Innovative Advanced Enterprise In The Province's Machinery Industry". In October 2013, the company established a municipal hybrid vehicle control system engineering technology research center. In 2014, it established a provincial engineering technology center. In September 2023, the company raised CNY 60 million in series A funding from Oriza Holdings, Suzhou Chuangyuan Venture Capital Fund Management, Suzhou Runmin Investment, Yuanhe Puhua Suzhou Management and Yunshi Investment Management. It cooperates with Zhejiang University, Shanghai Jiao Tong University and Higer Bus Company Limited.

The company uses core control algorithms and technologies for new energy commercial vehicle electronic control systems to provide new energy automobile parts and electronic control systems. Its products include EVCU vehicle controller, hybrid high-voltage control cabinet D, motor controller, ISG motor and supercapacitor management system, etc.

## Funding rounds

- Series A, Sep 1, 2023, $8.3M — Oriza Holdings, Yuanhe Puhua Suzhou Management, Suzhou Runmin Investment, China Enterprise Dingxin Fund, Suzhou Chuangyuan Venture Capital Fund Management

## Investors

- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Series A
- Yuanhe Puhua Suzhou Management (https://capitalatlas.ai/funds/yuanhe-puhua-suzhou-management) — Series A
- Suzhou Runmin Investment — Series A
- China Enterprise Dingxin Fund (https://capitalatlas.ai/funds/china-enterprise-dingxin-fund) — Series A
- Suzhou Chuangyuan Venture Capital Fund Management — Series A