Starpower

Hong Kong, China Founded: 2023 • Age: 3 yrs
Decentralized energy storage and virtual power plant solutions are provided.

About Starpower

Starpower is a company based in Hong Kong (China) founded in 2023 by Laser Ding and Darcy Jia. Starpower has raised $4.5 million across 2 funding rounds from investors including IoTeX, Arweave and Framework Ventures. Starpower operates in a competitive market with competitors including MRI Software, Savant Systems, Tibber, Span.IO and Resideo, among others.

  • Headquarter Hong Kong, China
  • Founders Laser Ding, Darcy Jia
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Website starpower.world
  • Social LinkedIn X
Key Metrics
  • Total Equity Funding
    $4.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.5M (USD), Seed

    Jan 2025

  • Investors
    IoTeX

    & 6 more

Funding Insights of Starpower

Starpower has successfully raised a total of $4.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in January 2025. 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 $4.5M
  • Total Rounds 2
  • Last Round Seed β€” $2.5M
  • First Round $2M

    (Jun 2024)

  • Investors Count 7

All 2 funding rounds of Starpower with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025$2.5MSeed–Framework Ventures
Jun 2024$2MSeed––
Valuation history

7 investors in total: 7 institutional.

Investors in Starpower

Starpower has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include IoTeX, Arweave and Framework Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Blockchain startups are funded by Framework Ventures venture capital.
2019framework.venturesSan Francisco, United States
Solana Ventures is focused on investing in Solana-based companies.
–solana.ventures-
Venture capital fund focused on blockchain and multiple sectors
–bitscale.vc-
Alliance is recognized as a leading crypto startup accelerator.
–alliance.xyzNew York City, United States
Blockchain-based connectivity for IoT applications is facilitated.
2017iotex.ioMenlo Park, United States
Investments are focused on digital future technologies by B1V.
2021bas1s.ventures-
Decentralized data storage protocol is enabled for enterprises.
2017arweave.orgLondon, United Kingdom
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Investor details for Starpower

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People of Starpower

2 people are tracked at Starpower (2 in leadership).

NameRoleGroup
Laser Ding
Co-Founder & CEOLeadership
Darcy Jia
Co-FounderLeadership
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Complete people profiles for Starpower

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Timeline of Starpower

3 dated milestones of Starpower across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Starpower is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Seed, of $2.5M.

Competitors of Starpower

Starpower 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 MRI Software, Savant Systems, Tibber, Span.IO and Resideo, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
mrisoftware.com1971Solon, United States$125M781
Property management software is provided for residential and commercial properties.
savant.com2005Barnstable, United States$90M168
Connected devices are managed via an app and hub system.
tibber.com2016Stockholm, Sweden$177M61
Provider of solutions for energy monitoring for residential building
span.io2014San Francisco, United States$255.56M–
Smart panels for home energy management are provided by Span.IO.
resideo.com2018Wilmington, United States–293
Smart home products for security and energy efficiency are provided.
a123systems.com2001Hangzhou, China$201.26M886
Lithium-ion batteries for automotive and industrial uses are manufactured.
swellenergy.com2014Santa Monica, United States$133.64M111
Reseller and installer of energy storage devices
smartjoules.co.in2014Delhi, India$10.69M191
AI-powered energy management and HVAC solutions for buildings are provided.
enocean.com2001Oberhaching, Germany$36.84M57
Energy-harvesting wireless technology is developed for automation and sensing applications.
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Detailed competitors of Starpower

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Web traffic of Starpower

The website of Starpower (starpower.world) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▼ 59% vs previous month

Similar websites

Websites whose visitors overlap most with Starpower. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
powersemi.cc
powersemi.cc
100%
–#6,841,050–

Latest news on Starpower

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Complete news archive for Starpower

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Similar companies to Starpower

10 companies that operate in the same segment as Starpower (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 56 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Frequently Asked Questions about Starpower

Starpower was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Starpower is headquartered in Hong Kong, China.

Laser Ding is the current CEO of Starpower. They have also founded this company.

Starpower is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 2024.

Starpower was founded in 2023 in Hong Kong, China, within the energy sector. Decentralized energy storage systems are developed to support network stability and sustainability. Virtual power plant solutions are designed for integration of distributed energy devices. Connectivity is enabled through IoT, blockchain, and AI technologies across operations. Services focus on advancing energy networks in urban and regional settings.

Starpower's top competitors include Span.IO, Savant Systems and Resideo.

Starpower has 7 investors. Key investors include IoTeX, Arweave, Framework Ventures, Solana Ventures, and Bitscale Capital.

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