Svolt

High-tech new energy company that specializes in energy technology, including electric vehicle battery (EVB) materials, cells, modules, PACK, BMS, energy storage system (ESS) and solar energy R&D and manufacturing.

Launch date

Feb 2016

Employees

201-500 people

Market cap

Enterprise valuation

€3.3b (Public information from Dec 2021)

Baoding Hebei (HQ)

https://www.svolt.cn/

https://twitter.com/svolt_europe https://www.linkedin.com/company/svolt-energy-technology-co-ltd/

Date	Investors	Amount	Round
Feb 2018	Great Wall Motors	N/A	-
Apr 2020	State Development & Investment Corporation (SDIC)	CNY1.0b Valuation: CNY8.2b	Early VC
Feb 2021	IDG Capital Cathay Capital Haitong Securities State Development & Investment Corporation (SDIC) BOCG Investment Beijing Financial Street Capital Operation Center Changzhou Venture Capital Group Zju Jiuzhi Investment Management	CNY3.5b	Series A
Jul 2021	IDG Capital Xiaomi CCB International SCGC BOCG Investment Sany Heavy Industry Country Garden Venture Capital	CNY10.3b Valuation: CNY26.0b	Series B
Dec 2021*	CDH Investments Sichuan Energy Investment Development	CNY6.0b Valuation: CNY26.0b	Series B
Total Funding		€2.6b

Shenzhen Magrain Technology

Svolt

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