VPPTECH
Latest round
- Series A
Last raised
- Nov 2023
Total raised
- Undisclosed
Investors
- 3
About VPPTECH
Based in Beijing, China, and founded in 2021, VPPTECH is a power systems technology company to assist customers in building virtual power plant intelligent operating systems. The company's founder and CEO, Mr. Yuankun Liu graduated from Tsinghua University and had 8 years of working experience in State Grid, with a core team come from the Department of Electrical Engineering of Tsinghua University, and have the ability to develop commercial software, big data mining and model algorithm design related to virtual power plant technology. As of November 2023, the company has more than 1,000 load-side customers with more than 9GW of aggregated load capacity. The company's business can be categorized into virtual power plant intelligent operation, virtual power plant solution design, virtual power plant construction services, and virtual power plant resource mining. The core concept of this technical service is through digital technology, industrial, commercial and other types of user-side power units converge to form an invisible "power plant" for unified management and scheduling, can realize the synergistic operation of multi-energy internally, and externally to participate in the power system control and operation of the power market. It serves customers in industrial parks, urban buildings, communities, and electric vehicle charging equipment.
Who invested in VPPTECH
3 investors across 2 rounds
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Questions about VPPTECH
Who invested in VPPTECH?
VPPTECH has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has VPPTECH raised?
VPPTECH has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did VPPTECH last raise money?
VPPTECH's most recent round on record is a Series A, in Nov 2023.
What does VPPTECH do?
Based in Beijing, China, and founded in 2021, VPPTECH is a power systems technology company to assist customers in building virtual power plant intelligent operating systems.
Where is VPPTECH headquartered?
VPPTECH is headquartered in Beijing, China.
Which VCs invest in companies like VPPTECH?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at VPPTECH's stage. Their profiles are linked below.
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