# Hot New Energy

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

- Industry: Power & Utilities
- Headquarters: Chengdu, China
- Website: www.cdhot.cc
- Latest round: Series B (Jun 19, 2013)
- Investors on record: 4

## About

Hot New Energy is a company focused on developing innovative energy solutions designed to meet emerging market demands. They specialize in cutting-edge technologies aimed at enhancing energy efficiency and sustainability.Hot New Energy operates primarily in Chengdu, China, where it has established itself in the energy sector. The company was founded by individuals with a background in energy technologies, although specific details about these founders are not available. Hot New Energy has engaged in a total of 4 deals, with the most recent being a Series B funding round raised on June 19, 2013, from returning investor ABC Capital and new investors including NewMargin Ventures, Shanghai Zhonghuijin Venture Capital, and Tibet Hualin Venture Investment Management. Financial terms of this deal were not disclosed.Hot New Energy offers a range of innovative products and services, focusing on energy-efficient solutions for businesses and consumers. Their core offerings include advanced energy management systems and renewable energy technologies, which were released to market starting in 2013. Their solutions target energy optimization, catering primarily to industries that require sustainable energy practices. The company has established a strong client base by emphasizing user experience and reliability in their offerings.Hot New Energy's revenue model consists of direct sales and strategic partnerships, generating income through both product sales and subscription services. Their flagship products, such as energy management systems, form a crucial part of their revenue. The company maintains ongoing service agreements with clients, ensuring a stable income stream through structured support and service packages, thereby reinforcing their financial stability and customer satisfaction.Looking ahead, Hot New Energy plans to launch new products aimed at enhancing renewable energy integration by 2024. They are focusing on expanding their market presence in Southeast Asia, specifically targeting Vietnam and Thailand for growth by mid-2025. The funding raised in the Series B round will be utilized to support these new initiatives, including product development and market entry strategies.

## Funding rounds

- Series B, Jun 19, 2013 — NewMargin Ventures, ABC Capital, Hualin Venture, Zhonghuijin Group

## Investors

- NewMargin Ventures (https://capitalatlas.ai/funds/newmargin-ventures) — Series B
- ABC Capital (https://capitalatlas.ai/funds/abc-capital) — Series B
- Hualin Venture (https://capitalatlas.ai/funds/hualin-venture) — Series B
- Zhonghuijin Group — Series B