# Sichuan Sunfor Light

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sichuan-sunfor-light

- Industry: Electronics
- Headquarters: Chengdu, China
- Website: www.sunfor.com.cn
- Total disclosed funding: $6M
- Latest round: Series E (Jun 30, 2015)
- Investors on record: 15

## About

Sichuan Sunfor Light specializes in advanced solar energy solutions, offering high-efficiency solar panels and integrated systems to meet the growing demand for renewable energy across residential and commercial sectors.Founded in 1997, Sichuan Sunfor Light operates from Chengdu, China, focusing on the development of solar power technologies. The company has completed 8 deals, with its most recent funding round occurring on June 30, 2015, during which it raised CNY 10.00 mn in GRANT funding, contributing to a total of CNY 41.00 mn raised to date. The firm has no known subsidiaries or parent companies.Sunfor specializes in the development and delivery of advanced energy solutions, specifically focusing on solar power technologies. Their core product offerings include high-efficiency solar panels and integrated solar energy systems designed to meet the growing demand for renewable energy sources. These products are engineered to optimize energy conversion and storage, addressing end-use cases such as residential power supply and commercial energy management. Sunfor's client base encompasses both individual homeowners seeking sustainable energy solutions and larger enterprises aiming to reduce operational costs through renewable energy adoption. The company’s products are primarily marketed in North America, Europe, and parts of Asia, catering to regions with a progressive stance on renewable energy initiatives.Sunfor’s revenue generation model is structured around direct sales of its solar products, as well as partnerships with installation firms and energy distributors. Transactions typically occur through a B2B framework where commercial clients purchase solar panels and systems, while residential customers may engage in direct purchasing relationships. Pricing plans for these products are established based on package offerings that include installation and maintenance services, ensuring a comprehensive solution for clients. Flagship products, characterized by their innovative technology and efficiency, form the cornerstone of Sunfor's revenue streams, reflecting the company's commitment to providing reliable and effective energy solutions. The firm maintains a steady revenue flow from both new installations and ongoing maintenance contracts, reinforcing its market position within the renewable energy sector.Looking forward, Sunfor plans to launch new solar products designed to enhance energy efficiency and integration, with specific release dates to be announced. The company is targeting expansion into new markets across Southeast Asia and Europe by 2025, leveraging its recent funding to support these initiatives. The CNY 10.00 mn raised in the latest funding round will be allocated towards product development and market entry strategies, following the involvement of both new and returning investors.

## Funding rounds

- Series E, Jun 30, 2015 — V Star Capital, Ronseal Investment Management, Sichuan Aidelong Investment Development Co.,Ltd., Shanghai Yiyang Assets Management, Shaanxi Yixi Investment Management Co.,Ltd.
- Series C, May 31, 2011 — Ronseal Investment Management, Shenzhen Tongsheng Venture Capital
- Series B, Sep 20, 2010 — ABC Capital, Ronseal Investment Management, Chengdu CCYL Venture Capital, Trust China, Chengdu Huigou Carrying Trade (Group) Co., Ltd., Kunshan Guanghong Investment Consultation
- Series A, Feb 1, 2009, $6M — ABC Capital, V Star Capital, Shenzhen Capital Real Estate Fund, CDHT Hi-Tech Venture, Sichuan Venture Capital
- Angel, Jul 2, 2008 — The Linhui Fund, Sichuan Aidelong Investment Development Co.,Ltd.

## Investors

- The Linhui Fund (https://capitalatlas.ai/funds/the-linhui-fund) — Angel
- Sichuan Aidelong Investment Development Co.,Ltd. — Angel, Series E
- ABC Capital (https://capitalatlas.ai/funds/abc-capital) — Series A, Series B
- V Star Capital (https://capitalatlas.ai/funds/v-star-capital) — Series A, Series E
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- CDHT Hi-Tech Venture (https://capitalatlas.ai/funds/cdht-hi-tech-venture) — Series A
- Sichuan Venture Capital (https://capitalatlas.ai/funds/sichuan-venture-capital) — Series A
- Ronseal Investment Management (https://capitalatlas.ai/funds/ronseal-investment-management) — Series B, Series C, Series E
- Chengdu CCYL Venture Capital — Series B
- Trust China (https://capitalatlas.ai/funds/trust-china) — Series B
- Chengdu Huigou Carrying Trade (Group) Co., Ltd. — Series B
- Kunshan Guanghong Investment Consultation — Series B
- Shenzhen Tongsheng Venture Capital — Series C
- Shanghai Yiyang Assets Management — Series E
- Shaanxi Yixi Investment Management Co.,Ltd. — Series E