Target Company Overview
Yunchu New Energy Technology Co., Ltd. (hereinafter referred to as "Yunchu New Energy") has successfully completed a Pre-A+ financing round exceeding 100 million yuan. This financing was led by Zhenghai Group, with participation from various institutions including Shuimu Tsinghua Alumni Fund, Shuimu Wutong Venture Capital, Shenzhen Jianhe, and Tianyu Jiuwu. The funds raised will primarily be utilized for new product research and development, building core capabilities, and expanding the market presence of Yunchu New Energy. Established in Yantai, Shandong Province, Yunchu New Energy has a registered capital of 60 million yuan, focusing on the development of digital energy storage technology and the manufacturing of integrated equipment. They offer a digital energy storage system (DESS) that includes four core hardware components and chip algorithms, aiming to provide comprehensive solutions in energy storage.
Industry Overview
In the current landscape, energy storage has become essential for addressing the volatility of renewable energy sources, ensuring power quality, and maintaining the safety of electrical systems. With the transition towards achieving carbon neutrality, energy storage is a crucial component in realizing China's dual carbon goals. According to market forecasts, the global electrochemical energy storage market is expected to reach a trillion yuan by 2030, highlighting the industry's vast growth potential.
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Yunchu New Energy tackles key challenges in lithium battery storage solutions, enhancing battery safety—a unique proposition in the market—while increasing energy utilization efficiency by 30%. Such advancements directly translate
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Transaction Size: $15M