About Astronergy
Astronergy is a company based in Haining (China) founded in 2006.. Astronergy has raised $328.1 million across 2 funding rounds from investors including CICC, Bank of Communications and Walden International. Astronergy operates in a competitive market with competitors including Pennar, SINTEF, Hanwha, SGL Carbon and ET Solar, among others.
- Headquarter Haining, China
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$328.1 M (USD)
in 2 rounds
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Latest Funding Round
$278.1 M (USD), Series C
Jul 25, 2023
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Investors
CICC
& 10 more
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Employee Count
Employee Count
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Funding Insights of Astronergy
Astronergy has successfully raised a total of $328.1M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $278.1 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $278.1M
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First Round
First Round
(09 Mar 2009)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - Astronergy | Valuation | Bank of Communications , CICC |
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| Mar, 2009 | Amount | Series B - Astronergy | Valuation | Cybernaut |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Astronergy
Astronergy has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include CICC, Bank of Communications and Walden International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing globally in early & expansion stage companies
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Founded Year | Domain | Location | |
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Yuexiu Capital is engaged in financial services and asset management.
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Founded Year | Domain | Location | |
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Private equity investments are managed from bases in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Astronergy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Astronergy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Astronergy Comparisons
Competitors of Astronergy
Astronergy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pennar, SINTEF, Hanwha, SGL Carbon and ET Solar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Precision-engineered products and building solutions are manufactured.
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| domain | founded_year | HQ Location |
Applied research organization providing technology and innovation services across diverse sectors
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| domain | founded_year | HQ Location |
Manufacturer of solar cells, modules, and other related components
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| domain | founded_year | HQ Location |
Graphite and composites-based materials and components are developed.
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| domain | founded_year | HQ Location |
Solar PV modules are manufactured by ET Solar.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Astronergy
Frequently Asked Questions about Astronergy
When was Astronergy founded?
Astronergy was founded in 2006 and raised its 1st funding round 3 years after it was founded.
Where is Astronergy located?
Astronergy is headquartered in Haining, China. It is registered at Haining, Zhejiang, China.
Who is the current CEO of Astronergy?
Liyou Yang is the current CEO of Astronergy.
Is Astronergy a funded company?
Astronergy is a funded company, having raised a total of $328.1M across 2 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Mar 09, 2009.
What does Astronergy do?
Astronergy was established in 2006 and is headquartered in Haining, China. Operations focus on the production of solar photovoltaic modules within the renewable energy sector. Manufacturing processes are centered on photovoltaic technology, with distribution handled through the companys domain, astronergy.com. Leadership is provided by CEO Liyou Yang, overseeing activities that support global solar energy needs.
Who are the top competitors of Astronergy?
Astronergy's top competitors include Pennar, SINTEF and SGL Carbon.
Who are Astronergy's investors?
Astronergy has 11 investors. Key investors include CICC, Bank of Communications, Walden International, Yuexiu Capital, and China Life Private Equity.
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