# National Energy Group Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/national-energy-group-company

- Industry: Renewable Energy
- Headquarters: Beijing, China
- Latest round: Series C (Mar 23, 2017)
- Investors on record: 5

## About

Established in 2005 and based in Beijing, China, National Energy Group Company Limited operates as a biomass power generator dedicated to invest, construct and operate biomass power plants. In March 2017, the company closed series C funding from returning investors GTJA Investment Group and Florin Investment Group. 

The company mainly uses straw biomass resources to invest, construct and operate biomass power plants, and also recycles the ash generated after burning straw to produce and process a series of crop compound fertilizers such as biomass potassium fertilizer.

The company generates revenue by providing biomass power generation services.

## Funding rounds

- Series C, Mar 23, 2017 — GTJA Investment Group, Florin Investment Group
- Series B, Feb 9, 2015 — GTJA Investment Group
- Series A, Aug 19, 2011 — NLVC, Jun Yuan Capital, Shanghai Xishida Electronic Technology

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A
- Jun Yuan Capital (https://capitalatlas.ai/funds/jun-yuan-capital) — Series A
- Shanghai Xishida Electronic Technology — Series A
- GTJA Investment Group (https://capitalatlas.ai/funds/gtja-investment-group) — Series B, Series C
- Florin Investment Group — Series C