# Nobao Renewable Energy Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nobao-renewable-energy-holdings

- Industry: Renewable Energy
- Headquarters: Shanghai, China
- Website: www.nobaogroup.com
- Total disclosed funding: $25M
- Latest round: Series A (Aug 7, 2009)
- Investors on record: 1

## About

Nobao Renewable Energy Holdings Limited focuses on advancing sustainable energy solutions, providing innovative products aimed at enhancing energy efficiency and reducing carbon footprints across commercial and residential sectors.Founded in 2007 and headquartered in Shanghai, China, Nobao Renewable Energy Holdings Limited specializes in renewable energy solutions. The company has completed 2 significant deals, with its most recent funding round in October 2010, where it raised USD 100 mn from Silver Lake, bringing its total amount raised to USD 100 mn.Nobao Group specializes in advanced energy solutions centered on clean technologies. Their core products include energy storage systems and smart energy management solutions, designed for both commercial and residential applications to optimize energy usage and address sustainability challenges. The company operates in key markets like Europe and North America, serving various sectors including manufacturing, logistics, and real estate, facilitating the transition to greener energy alternatives.Nobao Group's revenue model consists of B2B transactions, providing tailored energy storage and management systems. The company generates income through long-term contracts, ensuring ongoing service maintenance and support. Additionally, certain smart energy management services are offered on a subscription basis, contributing to a steady revenue stream as these products meet the growing demand for innovative energy solutions.In October 2010, Nobao Renewable Energy Holdings raised USD 100 mn, which will support the development of new products and expansion into new markets. The company aims to enhance its offerings and reach additional regions within Europe and North America. This funding will facilitate the launch of upcoming energy solutions designed to further address energy efficiency and sustainability.

## Funding rounds

- Series A, Aug 7, 2009, $25M — Tsing Capital

## Investors

- Tsing Capital (https://capitalatlas.ai/funds/tsing-capital) — Series A