# Sunwoda EVB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sunwoda-evb

- Industry: Energy Storage & Batteries
- Headquarters: Shenzhen, China
- Website: www.sevb.com/
- Total disclosed funding: $1.5B
- Latest round: Series C (May 25, 2026)
- Investors on record: 40

## About

Based in Shenzhen, China, and founded in 2014, Sunwoda Power Technology Co., Ltd., trading under the name Sunwoda EVB, provides lithium-ion batteries and power battery systems for the new energy and automotive industries. The company operates as a core subsidiary of the publicly listed Sunwoda Electronic Co., Ltd.. In July 2026, the company raised a series C funding. 

The company provides electric vehicle battery pack solutions. Its system solutions are divided into four series, which include cell, module, BMS and battery system, such as energy storage cell, HEV module and BEV PACK. R&D platform includes advanced technology research institute, automotive electronics research institute, intelligent manufacturing research institute, engineering technology innovation center, power battery testing center and postdoctoral research station.

The company generates revenue from the research, development, production, and B2B sales of lithium-ion batteries, materials, chargers, electric vehicle battery modules and battery management systems. 

The company plans to use the series C+ funding to optimize its financial structure, reduce debt burdens, and enhance its risk resistance. Additionally, the firm intends to expand its strategic synergies with downstream energy storage clients and upstream lithium resource suppliers to ensure long-term sustainable growth.

## Funding rounds

- Series C, May 25, 2026, $247M — Postal Savings Bank of China, Shenzhen Yinghe Technology Co., Ltd, Shenzhen HTI, United Winners Laser Co., Ltd, New Trend International Logis-tech Co., Ltd., ABQH Shenzhen Investment Fund Management, Sichuan Industrial Revitalization Fund Investment Group, ICBC Capital Management, Bauhinia Paints Manufacturing Limited, Deyang Investment Holding Group Co., Ltd, Yuanzhi Energy Storage, Shifang Jinyan Business Management
- Series B, Jun 21, 2023, $230M — CCB Private Equity Investment Management, CCB Investment Funds Management, Huatai Baoli Investment Management, Guoshou Chengda (Shanghai) Healthcare Equity Investment Management, Bank Of China Financial Assets Investment, Sinopec Haihe Capital
- Series A, Aug 24, 2022, $1B — Infinity Group, CoStone Capital, Source Code Capital, Yingke Private Equity, Shenwan Hongyuan Securities Ltd, Shenzhen Capital Real Estate Fund, String Capital, Xinglinxing Investment Management, Fanchuang Capital, Broad Vision Funds, Jinyi Capital, Shenzhen Investment Control Capital, National Green Development Fund, Sanxia Green Industry, Yuecai Ventures, Tianjin Yuhui Management Consulting Co., Ltd., People's Capital, Sunwoda Huizhou New Energy Co., Ltd., Zhicheng Capital, Shanan Huazi Venture Capital, Kuxun.cn, Dayone Capital Fortune GP Ltd

## Investors

- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series A
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series A
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A
- Yingke Private Equity (https://capitalatlas.ai/funds/yingke-private-equity) — Series A
- Shenwan Hongyuan Securities Ltd — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- String Capital (https://capitalatlas.ai/funds/string-capital) — Series A
- Xinglinxing Investment Management (https://capitalatlas.ai/funds/xinglinxing-investment-management) — Series A
- Fanchuang Capital (https://capitalatlas.ai/funds/fanchuang-capital) — Series A
- Broad Vision Funds (https://capitalatlas.ai/funds/broad-vision-funds) — Series A
- Jinyi Capital (https://capitalatlas.ai/funds/jinyi-capital) — Series A
- Shenzhen Investment Control Capital (https://capitalatlas.ai/funds/shenzhen-investment-control-capital) — Series A
- National Green Development Fund (https://capitalatlas.ai/funds/national-green-development-fund) — Series A
- Sanxia Green Industry (https://capitalatlas.ai/funds/sanxia-green-industry) — Series A
- Yuecai Ventures (https://capitalatlas.ai/funds/yuecai-ventures) — Series A
- Tianjin Yuhui Management Consulting Co., Ltd. — Series A
- People's Capital (https://capitalatlas.ai/funds/people-s-capital) — Series A
- Sunwoda Huizhou New Energy Co., Ltd. — Series A
- Zhicheng Capital (https://capitalatlas.ai/funds/zhicheng-capital) — Series A
- Shanan Huazi Venture Capital — Series A
- Kuxun.cn — Series A
- Dayone Capital Fortune GP Ltd — Series A
- CCB Private Equity Investment Management (https://capitalatlas.ai/funds/ccb-private-equity-investment-management) — Series B
- CCB Investment Funds Management (https://capitalatlas.ai/funds/ccb-investment-funds-management) — Series B
- Huatai Baoli Investment Management (https://capitalatlas.ai/funds/huatai-baoli-investment-management) — Series B
- Guoshou Chengda (Shanghai) Healthcare Equity Investment Management — Series B
- Bank Of China Financial Assets Investment — Series B
- Sinopec Haihe Capital (https://capitalatlas.ai/funds/sinopec-haihe-capital) — Series B
- Postal Savings Bank of China — Series C
- Shenzhen Yinghe Technology Co., Ltd — Series C
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series C
- United Winners Laser Co., Ltd — Series C
- New Trend International Logis-tech Co., Ltd. — Series C
- ABQH Shenzhen Investment Fund Management (https://capitalatlas.ai/funds/abqh-shenzhen-investment-fund-management) — Series C
- Sichuan Industrial Revitalization Fund Investment Group (https://capitalatlas.ai/funds/sichuan-industrial-revitalization-fund-investment-group) — Series C
- ICBC Capital Management (https://capitalatlas.ai/funds/icbc-capital-management) — Series C
- Bauhinia Paints Manufacturing Limited — Series C
- Deyang Investment Holding Group Co., Ltd — Series C
- Yuanzhi Energy Storage — Series C
- Shifang Jinyan Business Management — Series C