# Sermatec-ess

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sermatec-ess

- Industry: Energy Storage & Batteries
- Headquarters: Shanghai, China
- Website: www.sermatec-ess.com
- Latest round: Series A (Aug 10, 2021)
- Investors on record: 2

## About

Established in 2017 and based in Shanghai, China, Sermatec-ess operates as a energy digital operation and energy storage systems manufacturing company that provides energy storage and integrated energy solutions. The company has a R&D center located in Shanghai and its business covers 30 countries, such as China, Germany. The core research team has more than 200 employees and over 15 years of related experience. As of December 2022, The company's cumulative shipment volume is 2.5GWh. In March 2023,it was awarded "2023 China Energy Storage System Integrator Brand". In July 2023, the company closed strategic investment round of funding from Foxconn Industrial Internet Co., Ltd. and V.Stone Capital. 

The company uses energy storage system 3S control technology to provides energy storage solutions and related products. The technology refers to battery management system-BMS, energy management system-EMS and energy storage bi-directional converter-PCS. Energy storage solutions include residential energy storage, commercial and industrial energy storage, grid-side and generation-side energy storage solutions, microgrid solutions and integrated energy solutions. Its products include household inverters, household high and low-voltage energy storage systems, household wall-mounted energy storage systems, energy storage outdoor cabinets, container-type energy storage series and intelligent energy management platforms.

## Funding rounds

- Series A, Aug 10, 2021 — Cowin Capital, Innovation Works

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A
- Innovation Works (https://capitalatlas.ai/funds/innovation-works) — Series A