Powernice

ElectronicsSeries BNingbo, Chinachn-powernice.com

Latest round

Series B

Last raised

Jan 2024

Total raised

Undisclosed

Investors

6

About Powernice

Established in 2018 and based in Ningbo, China, Powernice operates as a technology company dedicated to providing intelligent actuator products. It established a sales centre in Shenzhen, an overseas factory in Vietnam, a subsidiary in Las Vegas, and an office in Italy. The company acquired certifications such as ISO9001 quality management system certification and acquired more than 85 patents., Ltd. The company mainly provides two sectors of products, which are photovoltaic and solar thermal. The products cover single-point drives and multipoint drives in photovoltaics (mechanical linkage and electrical linkage in multipoint drives).  The products are divided into five series, which are PA Series, PN Series, PT Series, PZ Series, and Solar Tracking Controller. The PZ Series is a damper, its main function is to reduce vibration and dissipate energy. The products can be used in photovoltaic power generation, medical equipment, intelligent equipment, robots and other fields. The company will promote products for smart medical and military projects next year, and plans to set up branches in Europe and key domestic areas. Currently, the company is building a 50-acre factory in Ningbo, which is expected to be put into production in one year. There is a 5,000-square-meter factory in Hanoi, Vietnam. It is under preparation and will be put into production by February next year.

Who invested in Powernice

6 investors across 2 rounds

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Funding rounds

  1. Series B

    Jan 11, 2024

    Amount

    Undisclosed

    Investors

    Locked

  2. Angel

    Jan 1, 2022

    Amount

    Undisclosed

    Investors

    Locked

Questions about Powernice

Who invested in Powernice?

Powernice has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Powernice raised?

Powernice has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Powernice last raise money?

Powernice's most recent round on record is a Series B, in Jan 2024.

What does Powernice do?

Established in 2018 and based in Ningbo, China, Powernice operates as a technology company dedicated to providing intelligent actuator products.

Where is Powernice headquartered?

Powernice is headquartered in Ningbo, China.

Which VCs invest in companies like Powernice?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back electronics companies at Powernice's stage. Their profiles are linked below.

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