# Ningbo SOFCMAN Energy Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ningbo-sofcman-energy-technology

- Industry: Energy Storage & Batteries
- Headquarters: Ningbo, China
- Website: www.sofcman.com/
- Latest round: Series A (Jul 9, 2018)
- Investors on record: 2

## About

Established in 2014, based in Ningbo, China, Ningbo SOFCMAN Energy Technology Co., Ltd is a battery company that focuses on the research and development of Solid Oxide Fuel Cell (SOFC) and provides products and services. The company has acquired 56 patents and 9 PCT patents. In 2014, it was awarded the title of the Second Batch of Innovation Teams in Key Fields by the Ministry of Science and Technology. The team members of SOFCMAN are from the former Ningbo Institute of Materials Technology and Engineering, Chinese Academy of Sciences that have started researching SOFCMAN since 2006. In July 2018, it closed a series A funding.


The company focuses on providing, researching, and testing products, such as solid oxide fuel cell powders, single cells, battery stacks, and systems. SOFC is an electrochemical device that transforms chemicals of fuels into electrical energy. It can eliminate harmful gas emissions. The clients of the company are Boden, A-CH, etc.

The company generates revenue by developing and selling Solid Oxide Fuel Cell (SOFC) products.

The company will focus on SOFC Power Station at MW level and marketing.

## Funding rounds

- Series A, Jul 9, 2018 — Greenriver Capital
- Angel, Jan 1, 2014 — Legend Star

## Investors

- Legend Star (https://capitalatlas.ai/funds/legend-star) — Angel
- Greenriver Capital (https://capitalatlas.ai/funds/greenriver-capital) — Series A