# Jiangsu Sunpower Piping Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangsu-sunpower-piping-technology-co

- Industry: Materials
- Headquarters: Nanjing, China
- Website: www.sunpower-pec.com
- Total disclosed funding: $20M
- Latest round: Series B (Jan 21, 2025)
- Investors on record: 9

## About

Based in Nanjing, China and founded in 2013, Jiangsu Sunpower Piping Technology Co.,Ltd operates as a comprehensive solution provider in the field of pipeline energy saving and safety, offering services including design, manufacturing and engineering EPC. It is Pipeline energy-saving engineering research center and Nanjing Engineering Research Center. Some enterprises has strategic investment with the company, such as China Petrochemical Corporation, China Ocean Oil Group Co.,ltd., BASF and Wanhua Chemical Group Co.,Ltd. In January 2025, it raised CNY 150 million in series B funding.

Based on manufacturing, special engineering EPC, technical consulting and service, the company provides support, insulation, thermal insulation and vibration damping for pipeline networks, equipment and storage tanks in petrochemical, LNG and cryogenic storage and transportation, electric power and central heating projects, including design, manufacturing and special engineering EPC services.  Sunpower Piping also provides customers with special pipeline supports and hangers, energy-saving pipe supports and prefabricated pipes for pipeline networks, maintenance and repair of pipeline networks.

The company generates revenue by providing pipeline energy-saving and safe support products such as heat insulation, cold preservation, vibration reduction pipe supports and high-precision spring supports and hangers.

The company will use the series B funding for the expansion of its cryogenic business and prefabricated complete equipment.

## Funding rounds

- Series B, Jan 21, 2025, $20M — Addor Capital, China Capital Management, Jiangxi Finance Holding, Jiangsu Investment Management, Jiangxi Financial Holding Investment Group, Tongying Fund
- Series A, Sep 9, 2022 — CGP Investment, Dynamic Capital, Huachen Meijing

## Investors

- CGP Investment — Series A
- Dynamic Capital (https://capitalatlas.ai/funds/dynamic-capital) — Series A
- Huachen Meijing — Series A
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series B
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series B
- Jiangxi Finance Holding (https://capitalatlas.ai/funds/jiangxi-finance-holding) — Series B
- Jiangsu Investment Management (https://capitalatlas.ai/funds/jiangsu-investment-management) — Series B
- Jiangxi Financial Holding Investment Group — Series B
- Tongying Fund — Series B