Green Energy Origin (GEO) successfully raised $110 million in Series B funding led by Qiming Venture Partners to enhance its R&D and manufacturing capabilities in the growing electric vehicle and energy storage markets.

Information on the Target

Green Energy Origin (GEO) recently announced the successful closing of a $110 million Series B funding round, which has attracted significant investment from Qiming Venture Partners. This funding will help GEO enhance its research and development capabilities and boost manufacturing capacity, particularly in the electrolyte and CNT slurry markets fueled by the growing demand in electric vehicles and energy storage applications. The proceeds from this round will accelerate GEO's global supply chain expansion and help propel its commercialization efforts in Europe and North America.

GEO has officially begun supplying electrolyte and CNT slurries from its state-of-the-art European mega-factory to top-tier global clients. This facility is equipped with fully automated production lines and has received certifications including ISO 9001, ISO 14001, and ISO 45001, as well as passing VDA 6.3 automotive industry audits. CEO Tony Ma expressed confidence in the trust and confidence from leading investors, which will empower GEO to further strengthen its pioneering R&D capabilities and enhance customer service.

Industry Overview in the Target’s Specific Country

The electric vehicle and energy storage markets have seen unprecedented growth in recent years, driven by a commitment to sustainability and innovation. Countries across Europe and North America are increas