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Dalian Rongke Energy Storage Technology Development

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Has connected a 100 MW redox flow battery storage system to the grid in Dalian, China

Zhongshan District, ChinaFounded 2008Energy
Total funding $100–500M Disclosed equity funding
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About Dalian Rongke Energy Storage Technology Development

Rongke Power is a Chinese startup that operates in the energy storage sector. The company specializes in the development and production of power storage systems, offering a range of products including the VPower series, TPower series, and UPower series. These products are designed to offer customizable capacity, integrated prefabricated cabin design, and compact cabinet design respectively.

Rongke Power's business model revolves around the production and sale of these energy storage systems. The company's clients primarily consist of large-scale energy companies and government entities. For instance, Rongke Power has been selected for China's Power Construction Corporation's energy storage system procurement project for 2023-2024. The company has also won a bid for a demonstration project by Guoneng Longyuan, a state-owned energy company.

The company's revenue is generated through the sale of its energy storage systems and related services. Rongke Power's commitment to technological innovation is evident in its product offerings, which are designed to meet the evolving needs of the energy storage market.

In summary, Rongke Power is a promising startup in the energy storage sector, with a strong focus on innovation and a robust client base that includes major players in the energy industry.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2008
Headquarters
Zhongshan District, China
Open positions
None listed
Dealroom signal
22.3/100
Industry
Energy
Sub-industry
Energy Storage
Sector
Energy, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Alternative Battery Chemistry, Grid Technology, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
B2B
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Apr 2023 $138M $550M Legend Capital · Roton Capital · Dalian Fenglan Investment ↗
SERIES BOther financing Dec 2022 $28M $110M Jinding Capital ↗
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Growth signals

Dalian Rongke Energy Storage Technology Development website traffic

Latest recorded traffic for Dalian Rongke Energy Storage Technology Development is 1.4K monthly website visits, up 47.4% over the last three months.

Latest monthly visits1.4K 3-month web change+47.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Dalian Rongke Energy Storage Technology Development in the Zhongshan District ecosystem

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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Jinding Capital
  • Legend Capital
  • Roton Capital
  • Dalian Fenglan Investment
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Zhongshan District HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Dalian Rongke Energy Storage Technology Development on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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