Zhongchu Guoneng

Renewable EnergySeries ABeijing, Chinacaes.store

Latest round

Series A

Last raised

May 2023

Total raised

$166M

Investors

12

About Zhongchu Guoneng

Established in 2018 and based in Beijing, China, Zhongchu Guoneng is a new energy provider that focuses on developing compressed air energy storage to generate power systems. The technology is from the Institute of Engineering Thermophysics, Chinese Academy of Sciences. In 2017, the company completed the R&D and design of a 100 million Watts (MW) compress air energy storage system and components. The company's chief scientific officer, Mr. Haisheng Chen, is a researcher at the Institute of Engineering Thermophysics of the Chinese Academy of Sciences.  The company engages in the development of compressed air storage energy systems devices.5MW compact air energy storage system in Langfang, a 10MW compressed air energy storage system in Bijie, and a 100MW compressed air energy storage system in Zhangjiakou.4%.2 per kWh. Compressed air storage energy systems devices can be used for 30 to 50 years. Its products are used in the field of photovoltaic, wind power, thermal power, nuclear power, backup power, emergency response, big data center, and cloud computing center.

Who invested in Zhongchu Guoneng

12 investors across 2 rounds

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Funding rounds

  1. Series A

    May 27, 2023

    Amount

    $142M

    Investors

    Locked

  2. Angel

    Dec 25, 2020

    Amount

    $24M

    Investors

    Locked

Questions about Zhongchu Guoneng

Who invested in Zhongchu Guoneng?

Zhongchu Guoneng has 12 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 Zhongchu Guoneng raised?

Zhongchu Guoneng has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Zhongchu Guoneng last raise money?

Zhongchu Guoneng's most recent round on record is a Series A, in May 2023.

What does Zhongchu Guoneng do?

Established in 2018 and based in Beijing, China, Zhongchu Guoneng is a new energy provider that focuses on developing compressed air energy storage to generate power systems.

Where is Zhongchu Guoneng headquartered?

Zhongchu Guoneng is headquartered in Beijing, China.

Which VCs invest in companies like Zhongchu Guoneng?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back renewable energy companies at Zhongchu Guoneng's stage. Their profiles are linked below.

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