# Vestwoods

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

- Industry: Power & Utilities
- Headquarters: Hangzhou, China
- Website: www.vestwoods.com
- Latest round: Series A (Jan 19, 2021)
- Investors on record: 1

## About

Founded in 2016 and based in Hangzhou, China, Vestwoods is a new energy technology company that focuses on research and development of energy storage systems. In March 2024, the firm raised a strategic investment for CNY 200 million. As of 2024, the company has established branches in countries such as the United States, Thailand and Singapore.

The company's main products include residential energy storage systems, commercial energy storage systems and golf cart batteries.

In 2023, the company's operating income was CNY 491.57 million, and the net profit was CNY -19.92 million.

## Funding rounds

- Series A, Jan 19, 2021 — Nantong Baimiao Investment Management

## Investors

- Nantong Baimiao Investment Management (https://capitalatlas.ai/funds/nantong-baimiao-investment-management) — Series A