# Power Up The City

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/power-up-the-city

- Industry: Energy Storage & Batteries
- Headquarters: Chuzhou, China
- Website: www.chengmandian.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 1, 2022)
- Investors on record: 2

## About

Established in 2021 and based in Chuzhou, China, Anhui Chengmandian Energy Technology doing business named Power Up The City, is a new energy technology company that focuses on providing lithium battery digital operation services. As of October 2022, its services cover multiple provinces and cities, including Hunan, Guangdong, Guizhou, and Henan, and it operates more than 300,000 battery packs.  And it is a subsidiary of Phylion Battery Co., LTD.  

Power Up The City provides whole life cycle operation management for batteries, including lithium battery charging, inspection, maintenance, leases, recycling, and secondary use. Its products and services include smart batteries, smart charging and swapping cabinet, centralized charging warehouses, shared swapping systems, and central control operation platforms. Moreover, it also provides shared electric bike entrepreneurship plans. And those products and services are used in the scenarios of shared bikes, delivers, battery replacement corporations, vehicles, and tricycles.

## Funding rounds

- Series A, Dec 1, 2022, $14M — Yingke Private Equity, Zibo City Economic Development Zone Industry Fund

## Investors

- Yingke Private Equity (https://capitalatlas.ai/funds/yingke-private-equity) — Series A
- Zibo City Economic Development Zone Industry Fund — Series A