Startups
SVOLT developed from the Battery Unit of Great Wall Motors which is a leader in the Chinese automotive industry. SVOLT has carried out pre-research on battery since 2012. In 2018, SVOLT completely separated from GWM and developed independently, and officially changed its name to SVOLT Energy Technology Co., Ltd. SVOLT is headquartered in Jintan District, Changzhou, Jiangsu province in China. As a global high-tech company, SVOLT's comprehensive one-stop product portfolio includes battery materials, cells, modules, packs and battery management systems as well as energy storage products. The company has a high starting point and rapid development. At present, the company has more than 5,500 employees, including more than 1,500 experts with international vision of lithium battery R&D and rich experience of mass production. More than one-third of the employees are masters or doctors, and there are more than 60 top experts of the industry from Europe and America, South Korea and Japan, India and other countries.
Overview
Location
China, Jiangsu, Taizhou
Employees
5001-10000
Total raised
$943M
Founded date
2018
Investors 3
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| SDIC Fund Management | sdicfund.com | |
| Aug 23, 2024 | IDG Capital | en.idgcapital.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 12
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 21, 2022 | Global Top 10 Battery Maker Svolt Gets Go-Ahead for USD2.1 Billion Star Market IPO | (Yicai Global) Nov. 21 -- Svolt Energy Technology, the world's 10th biggest battery maker, has been given the green light to go public on the Shanghai Stock Exchange’s Nasdaq-style Star Market, expecting to raise CNY15 billion (USD2.1 billi... |
| Jun 8, 2022 | Global Recruitment of SVOLT Industry Partners | CHANGZHOU, China, June 8, 2022 /PRNewswire/ -- The "SVOLT Energy Technology Company Industry Partner Global Recruitment" is initiated by SVOLT, together with SVOLT CAPITAL, Dr. Octopus and 36 Kr, focusing on the three new fields o... |
| Dec 13, 2021 | SVOLT raises €833 million in financing round | SVOLT has raised 6 billion yuan in a financing round, the equivalent of around 833 million euros. The battery cell manufacturer plans to invest the fresh capital mainly in the development of new technologies and the construction of new prod... |
| Dec 13, 2021 | Chinese EV battery maker SVOLT scores $943m in its third big fundraising this year | SVOLT Energy Technology, an electric vehicle (EV) battery maker and storage solutions provider, has raised 6 billion yuan ($942.8 million) in its third big-ticket fundraising of 2021. The latest round is yet another sign of the heightened i... |
| Dec 13, 2021 | Great Wall-backed Svolt secures $942 million Series B+ | Chinese electric vehicle battery maker Svolt has raised RMB 6 billion ($942 million) in its Series B+. Investors include state-owned Sichuan Energy Investment Group and private equity firm CDH Investments, according to a Dec. 11 announcemen... |
| Dec 11, 2021 | SVOLT Energy Technology Co., Ltd. announced that it has received CNY 6 billion in funding from a group of investors | SVOLT Energy Technology Co., Ltd announced that it has raised CNY 6 billion in series B+ round of funding on December 11, 2021. The transaction included participation from CDH Investment Management Company Limited, China Mobile Innovative B... |
| Oct 25, 2021 | BASF : Joint News Release - BASF and SVOLT form partnership to advance battery materials development and battery recycling solutions globally | Partnership will combine the strengths of both parties on cell manufacturing, cathode active materials and battery recycling to accelerate global progress towards carbon neutrality Ludwigshafen/Germany, Changzhou/China, October 25, 2021 - B... |
| Aug 6, 2021 | SVOLT closes financing round with €1.3 billion | The Chinese battery cell manufacturer SVOLT has announced the conclusion of a B-financing round of 10.28 billion yuan (about 1.33 billion euros). In addition to the development of new technologies, this will primarily be used to finance the... |
| Aug 2, 2021 | EV Battery Maker SVolt Bags over $1.5 Billion in Series B Financing Round | EV battery maker SVolt Energy Technology announced on July 30 that it had obtained Round B financing worth 10.28 billion yuan ($1.5 billion), led by BOCGI, Country Garden Venture Capital, SCGC, CCB Investment, IDG, SANY and Xiaomi Group. Wa... |
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FAQ about Svolt Energy Technology Co., Ltd.
When was Svolt Energy Technology Co., Ltd. founded?
Svolt Energy Technology Co., Ltd. was founded in 2018.
How much funding has Svolt Energy Technology Co., Ltd. raised?
Svolt Energy Technology Co., Ltd. has raised $943M in total across 1 funding round.
Who has invested in Svolt Energy Technology Co., Ltd.?
Parsers VC lists 3 investors of Svolt Energy Technology Co., Ltd., among them IDG Capital and SDIC Fund Management.
What has the press written about Svolt Energy Technology Co., Ltd.?
Parsers VC has collected 12 articles mentioning Svolt Energy Technology Co., Ltd., among them “Global Top 10 Battery Maker Svolt Gets Go-Ahead for USD2.1 Billion Star Market IPO” (Nov 21, 2022) and “Global Recruitment of SVOLT Industry Partners” (Jun 8, 2022).
Is Svolt Energy Technology Co., Ltd. still active?
Yes, Svolt Energy Technology Co., Ltd. is active; its latest activity on Parsers VC dates from Jul 3, 2026.