# Optten Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/optten-energy

- Industry: Industrial Machinery
- Headquarters: Shanghai, China
- Website: www.optten.com
- Latest round: Series B (Dec 10, 2024)
- Investors on record: 3

## About

Based in Shanghai, China and founded in 2018, Optten Energy operates as an energy decarbonization technology provider, focusing on technology innovation in the energy industry and the energy chemical and hydrogen energy sectors. The core team members worked in Honeywell, Shell, Sinopec and Chinese Academy of Sciences, and other energy technology companies or research institutes. Some titles have been awarded to Optten Energy such as National High-Tech Enterprises and Science and Technology Leaders. In December 2024, the firm closed a series B+ funding.

The business of the company can be categorized into five categories which are energy industrial applications, new energy & green chemicals, industrial AI & big data, high-tech industrial batteries and trade & finance. Optten Energy's core technologies include ultra-high pressure and low consumption gas transportation, ultra-low temperature flash gas recovery and high-efficiency waste heat and pressure recovery, and it has developed reciprocating compressor systems and high-efficiency plate heat exchange systems. The technologies and products can be used in oil and gas extraction, processing and transportation, petrochemical reactions and processes, and new energy hydrogen production.

The company’s revenue is generated by providing comprehensive solutions for energy technology.

The company will use the series B+ funding for further research, development and testing of the waste heat and pressure project.

## Funding rounds

- Series B, Dec 10, 2024 — Fresh Capital
- Series B, Jul 31, 2024 — Qingdao weeds venture investment management
- Series A, Sep 6, 2022 — Yonghua Capital

## Investors

- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series A
- Qingdao weeds venture investment management (https://capitalatlas.ai/funds/qingdao-weeds-venture-investment-management) — Series B
- Fresh Capital (https://capitalatlas.ai/funds/fresh-capital) — Series B