# Shanghai Pufaffen Electronic Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-pufaffen-electronic-technology-co

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Shanghai, China
- Website: www.pufaffen.com
- Total disclosed funding: $14M
- Latest round: Series A (Oct 16, 2024)
- Investors on record: 9

## About

Founded in 2019 and based in Shanghai, China, Shanghai Pufaffen Electronic Technology Co., Ltd. operates as an automotive thermal management control software developer that provides out-of-control early warning sensors, battery electrolyte leakage detectors, and other products. The company has many offices located in Germany, the US, Qingdao and Beijing, and many partners, such as Next Engine, GAC Motor and Sanwood. In 2019, it launched the TRS project. In 2021, the company passed the ISO9001 certification. The core team has nearly two decades of R&D experience in the automotive industry. In October 2024, it closed a series A funding.

The business of the company includes thermal management control algorithm development, functional safety training consulting and development, and battery electrolyte leak detectors. Thermal management control algorithm development provides control algorithm software development, a virtual combination of thermal management simulation software and control algorithm software, and intelligent air conditioning. Battery electrolyte leak detectors are mainly used in the reliable endurance testing of cells or battery modules and off-line EOL testing.

Shanghai Pufaffen Electronic Technology Co., Ltd. generates revenue by providing thermal management system and control algorithm development services and related products.

The company will use the series A funding for R&D upgrades and capacity expansion of thermal management system products for new energy vehicles.

## Funding rounds

- Series A, Oct 16, 2024 — HY Asset Management, Shanghai Automotive Air Conditioning Parts, Temb Automobile, Shanghai Satake
- Angel, Nov 23, 2022, $14M — Shanghai MaiZun Equity Investment Fund Management, Shanghai Kuangshi Investment Management, TSN Capital
- Angel, May 30, 2022 — Plum Ventures, Launch Design Inc.

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel
- Launch Design Inc. — Angel
- Shanghai MaiZun Equity Investment Fund Management (https://capitalatlas.ai/funds/shanghai-maizun-equity-investment-fund-management) — Angel
- Shanghai Kuangshi Investment Management — Angel
- TSN Capital — Angel
- HY Asset Management (https://capitalatlas.ai/funds/hy-asset-management) — Series A
- Shanghai Automotive Air Conditioning Parts — Series A
- Temb Automobile — Series A
- Shanghai Satake — Series A