# PowerBee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/powerbee

- Industry: Software
- Headquarters: Shanghai, China
- Total disclosed funding: $9.5M
- Latest round: Series A (Apr 26, 2018)
- Investors on record: 1

## About

Established in 2013 and based in Shanghai, China, PowerBee is an intelligent power management system developers, providing smart meter and smart energy management system.

The company’s main business is providing energy custody services and digital energy platform services. The company’s self-developed products include the intelligent power management system and the wisdom cloud storage control system. Its products are used in the field of industrial and commercial energy management and virtual power plant construction.

The company generates revenue by providing energy custody services, selling its intelligent power management system and related technologies.

## Funding rounds

- Series A, Apr 26, 2018, $9.5M — China Merchants Venture Investment Management

## Investors

- China Merchants Venture Investment Management (https://capitalatlas.ai/funds/china-merchants-venture-investment-management) — Series A