# Hoverbird

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shenzhen, China
- Website: www.hoverbird.com
- Total disclosed funding: $16M
- Latest round: Series A (Oct 18, 2021)
- Investors on record: 3

## About

Based in Shenzhen, China and founded in 1998, Hoverbird is a developer of new energy power electronic supporting components. In October 2021, the company raised RMB 100 million in series A funding led by CTC Capital. The chairman of the board Mr. Bin Liu has been in business for 22 years and has resources and experience in the automotive electronics industry.

The technical team has experience in the field of sensor technology, thin film capacitor, new energy vehicle EIC system related device, and power battery system. The company provides users with power products and sensor products. The company's NTC temperature sensor has more than 60 customers and developed more than 200 models. At present, the company has more than 100 customers and its products have been launched in more than 300 new energy vehicle projects.

## Funding rounds

- Series A, Oct 18, 2021, $16M — CTC Capital
- Angel, Feb 10, 2017 — Leaguer Group, Semitec (Hong Kong) Co., Limited

## Investors

- Leaguer Group (https://capitalatlas.ai/funds/leaguer-group) — Angel
- Semitec (Hong Kong) Co., Limited — Angel
- CTC Capital (https://capitalatlas.ai/funds/ctc-capital) — Series A
