# Swift New Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swift-new-energy

- Industry: Renewable Energy
- Headquarters: Beijing, China
- Website: www.swifth2.com
- Latest round: Angel (Aug 24, 2022)
- Investors on record: 3

## About

Based in Beijing, China, and founded in 2021, Swift New Energy operates as a SOEC supplier focusing on the hydrogen energy industry. Its founder and CEO, Dr. Haoran Hu graduated from the Massachusetts Institute of Technology and served as chief scientist and senior engineering manager at Eaton, Caterpillar, Detroit Diesel Engine, etc. It has established an R & D team composed of more than ten Tsinghua doctors. It has partnerships with Tsinghua University, Beijing Institute of Technology, Beijing Jiaotong University, etc.

The company has developed solid oxide electrolysis hydrogen production equipment. Its hydrogen production efficiency can reach more than 96%. In addition to the electrolysis of water to produce hydrogen, it can also co-electrolyze CO2 and H2O to produce synthesis gas. It contains the advantages of low cost, low power consumption, and high efficiency.

## Funding rounds

- Angel, Aug 24, 2022 — Hong Shan, Oriental Three Gorges Fund, Baohu Capital

## Investors

- Hong Shan — Angel
- Oriental Three Gorges Fund (https://capitalatlas.ai/funds/oriental-three-gorges-fund) — Angel
- Baohu Capital — Angel