# Soarwhale

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

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Suzhou, China
- Website: www.soarwhale.cn
- Total disclosed funding: $28M
- Latest round: Series C (Nov 6, 2024)
- Investors on record: 8

## About

Founded in 2012 and based in Suzhou, China, Soarwhale is a new energy technology company that focuses on the research and development of core components for new energy vehicles. It owns several subsidiaries, including Changzhou Shiwei Electronics Co., Ltd. and Jiangsu Youjiashentian New Energy Technology Co., Ltd., among others. It also cooperates with Huawei, BYD and other companies. In 2013, the company developed the high-voltage power distribution business. In 2016, it established the Shanghai Power Electronics R&D Center. In November 2024, Soarwhale raised over CNY 100 million in series C1 funding from new investor Timesbole Venture Capital.

The company's main products include automotive switching power supplies and high-voltage distribution box. The high-voltage distribution box contains components such as relays, main fuses or MSDs, precharge resistors, and current sensors. The company also provides BDU, PDU, DC-DC, OBC single products and integrated solutions.

The company generates revenue by developing core components for new energy vehicles.

The company will use the funds to build manufacturing bases, improve the team and expand the market.

## Funding rounds

- Series C, Nov 6, 2024, $14M — Timesbole Venture Capital
- Series B, Sep 4, 2023, $14M — China Merchants Capital, Bojiang Capital Management Group, Junrui Investment, Kaiteng Venture Capital
- Series A, Oct 21, 2020 — Shenzhen Capital Real Estate Fund, Liuzhou Jinkong Mingde Fund, Jiangsu Pingling Construction Investment Group

## Investors

- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- Liuzhou Jinkong Mingde Fund (https://capitalatlas.ai/funds/liuzhou-jinkong-mingde-fund) — Series A
- Jiangsu Pingling Construction Investment Group — Series A
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series B
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series B
- Junrui Investment (https://capitalatlas.ai/funds/junrui-investment) — Series B
- Kaiteng Venture Capital — Series B
- Timesbole Venture Capital (https://capitalatlas.ai/funds/timesbole-venture-capital) — Series C