# Hoteam

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

- Industry: Industrial Machinery
- Headquarters: Jinan, China
- Website: www.sdhuatian.com.cn
- Latest round: Series A (Dec 24, 2024)
- Investors on record: 1

## About

Founded in 2012 in Jinan, China, Hoteam develops electrical power solutions, focusing on active power filters and voltage restoration. In December 2024, the firm closed a series A funding. The company was jointly established by Shandong Shanda Technology Group Co., Ltd., Shandong High-tech Investment Co., Ltd., Shandong Enterprise Credit Guarantee Co., Ltd. and other companies. It has built the Shandong Enterprise Technology Center, the Shandong Power Quality Control Engineering Technology Research Center, and the Shandong Power Quality Control Engineering Laboratory.

The firm specializes in the development and manufacturing of high-tech electrical power solutions. The company's core offerings include a range of power quality products such as active power filters, static reactive power compensators, and dynamic voltage restorers. These solutions are designed to address critical challenges in the electrical sector, including voltage fluctuations, reactive power management, and energy losses, thereby ensuring a more reliable and cleaner energy supply. 

The company’s revenue is generated by providing electrical equipment and system solutions.

## Funding rounds

- Series A, Dec 24, 2024 — Shandong Finance Investment Group

## Investors

- Shandong Finance Investment Group (https://capitalatlas.ai/funds/shandong-finance-investment-group) — Series A