FCEV

Baoding, China Founded: 2016 • Age: 10 yrs
Batteries are manufactured by FCEV in Baoding, China.
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About FCEV

FCEV is a company based in Baoding (China) founded in 2016.. FCEV has raised $219.95 million across 2 funding rounds from investors including SDIC, China Building Materials Group and Liben. FCEV operates in a competitive market with competitors including Ecolectro, Loop Energy, Pajarito Powder, Celadyne and Ionomr Innovations, among others.

  • Headquarter Baoding, China
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $219.95 M (USD)

    in 2 rounds

  • Latest Funding Round
    $78.6 M (USD), Series B

    Dec 01, 2022

  • Investors
    SDIC

    & 3 more

  • Employee Count
    Employee Count
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People of FCEV
Headcount 200-500
Employee Profiles 8
Employee Profiles
People
Peter Bach
Chief Technology Officer
People
Amir Maravandi, Ph.D, P.Eng, PMP
Senior Stack Development Engineer - Team Lead
People
Majid Moshfeghi
Senior Mechanical Design Engineer
People
Sam Bahrehmand, PhD, EIT
Mechanical Engineer

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Funding Insights of FCEV

FCEV has successfully raised a total of $219.95M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $78.6 million completed in December 2022. 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 Rounds 2
  • Last Round Series B — $78.6M
  • First Round

    (14 Dec 2021)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Series B - FCEV Valuation China National Building Materials
Dec, 2021 Amount Series A - FCEV Valuation PICC Capital Investment Management , SDIC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FCEV

FCEV has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include SDIC, China Building Materials Group and Liben. 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.

All
Institutional
Investor Description Founded Year Domain Location
Building materials manufacturing, new materials innovation, and engineering services in China.
Founded Year Domain Location
Investment holding company
Founded Year Domain Location
Provides comprehensive solutions for power distribution platforms.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FCEV

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FCEV

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fcev Comparisons

Employees
+
Add Comparison
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Competitors of FCEV

FCEV 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 Ecolectro, Loop Energy, Pajarito Powder, Celadyne and Ionomr Innovations, 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.

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Ion-exchange membranes are developed for electrochemical applications.
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Components for fuel cells and electrolyzers are manufactured and supplied.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fcev

Frequently Asked Questions about FCEV

When was FCEV founded?

FCEV was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is FCEV located?

FCEV is headquartered in Baoding, China. It is registered at Baoding, Hebei, China.

Is FCEV a funded company?

FCEV is a funded company, having raised a total of $219.95M across 2 funding rounds to date. The company's 1st funding round was a Series A of $141.35M, raised on Dec 14, 2021.

What does FCEV do?

FCEV was founded in 2016 and is based in Baoding, China. Operations are centered on the production of batteries within the energy storage sector. Manufacturing processes are conducted at facilities in the region, with a focus on supplying components for various applications. The company maintains a presence in the industrial domain, accessible via its website at ftxt-e.com, supporting regional and potentially international distribution.

Who are the top competitors of FCEV?

FCEV's top competitors include Ecolectro, Loop Energy and Ionomr Innovations.

Who are FCEV's investors?

FCEV has 4 investors. Key investors include SDIC, China Building Materials Group, Liben, and PICC Capital Investment Management.

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