# PowerShare

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.powershare.com.cn
- Latest round: Series A (Oct 20, 2022)
- Investors on record: 9

## About

Established in 2015 and based in Suzhou, China, PowerShare operates as a charging pile solution and hardware provider that provides charging robot, mobile application, monitoring system, charging pile, relevant control unit and cloud management platform. The company is headquartered in Shanghai and has an R&D center in Suzhou. The company's CEO, Zhuomin Zhu, graduated from Zhejiang University and then studied EMBA at Fudan University, and has worked for Huawei, Ceno Software, Marconi (London) and TVU (Silicon Valley). It has partnerships with Porsche, BMW, BP Ventures, Mercedes-Benz, State Grid of China and Hozon. In June 2023, the company closed a round of venture funding from Porsche.

The company provides intelligent charging service cloud platform, intelligent charging, power battery big data cloud platform, electric vehicle travel intelligent helper, vehicle-electricity integration, energy storage management, intelligent micro-grid system, energy Internet integrated management and other series of digital solutions. series of digital solutions such as vehicle-electricity integration, energy storage management, intelligent micro-grid system, energy Internet integrated management, etc. Their self-developed products such as virtual power plant (VPP Cloud), iEMS integrated energy management system, energy storage battery online data monitoring platform, energy storage battery online data monitoring platform, battery artificial intelligence big data cloud platform and BaaS battery asset management cloud platform. The products are used in scenarios such as scenery, energy storage, microgrid, charging pile, electric vehicle, and battery testing.

## Funding rounds

- Series A, Oct 20, 2022 — BP Ventures, Alliance Ventures, Volvo Cars Tech Fund
- Series A, Feb 18, 2019 — Alliance Ventures
- Series A, Jan 24, 2019 — Detong Capital, BP Ventures
- Angel, May 24, 2016 — Detong Capital, Cyzone Angel Fund, Z Capital, Furong Capital, Shanghai Zhiija Asset Management, Mengxiang Tiandi Investment

## Investors

- Detong Capital (https://capitalatlas.ai/funds/detong-capital) — Angel, Series A
- Cyzone Angel Fund (https://capitalatlas.ai/funds/cyzone-angel-fund) — Angel
- Z Capital (https://capitalatlas.ai/funds/z-capital) — Angel
- Furong Capital (https://capitalatlas.ai/funds/furong-capital) — Angel
- Shanghai Zhiija Asset Management — Angel
- Mengxiang Tiandi Investment — Angel
- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series A
- Alliance Ventures — Series A
- Volvo Cars Tech Fund — Series A