COMPANY PROFILE

Hangzhou Platinum Electronics

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Server power supplies and energy-storage power electronics for AI computing and renewables

Hangzhou, ChinaFounded 2021Consumer Services

Valuation $50–100M Last recorded · 2025

Total funding $10–50M Disclosed equity funding

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About Hangzhou Platinum Electronics

Hangzhou-based power electronics company specializing in power conversion for computing and energy storage (bocohz.com). Product lines cover high-efficiency server power supplies for data centers and AI computing — including liquid-cooled 10 kW units and GaN-based CRPS hot-swappable modules reaching up to 97% efficiency — plus energy-storage hardware: grid-tied storage inverters (PCS) and bidirectional DC-DC converters (up to 125 kW, up to 99.5% peak efficiency) for battery storage, solar-storage microgrids and PV-storage-charging applications, along with small portable storage units. Incorporated in Hangzhou in March 2021 and a national 'specialized and sophisticated' (special new) SME, the company reports being China's largest high-performance server power-supply vendor by 2024 mainland market share (about 18.9%).

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At a glance

Status: Operational
Founded: 2021
Headquarters: Hangzhou, China
Open positions: None listed
Dealroom signal: 15.7/100
Industry: Music
Sector: Consumer Services
Business model: Manufacturing
Client focus: B2B
Links: Website

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	Nov 2025	$14M	$55M	Lingyi iTECH	↗

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Investments and acquisitions

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Hangzhou Platinum Electronics in the Hangzhou ecosystem

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Investors

1 investor on the cap table

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Series A1 investor entered at this stage

LILingyi iTECH

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Global footprint

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Workforce by country

🇨🇳 China · Hangzhou HQ

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Market sentiment

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