You are viewing a limited version of this profile. To access i3's full capabilities.
Svolt
Save
Company logo (jpg or png)
Parent company

Short description

Manufacturer of batteries

Founded in 2016
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters China China
Address
City
State
Zip
Country

Parent Companies

Updated by Cleantech Group on 10/30/2024

Traction
  • 0 M&A items
tags
Similar companies
Customers
Save
Date Company
Partnerships
Save
Date Partner Type
03/31/2022
BASF BASF
Svolt and BASF Shanshan (joint venture between BASF and Ninbo Shanshan) sign agreement to partner on fields related to industrial capital, supply of lithium sale and lithium minerals and acquire 10% of equity interest in Hunan Yongshan Lithium Co.
View source    
Confirmed by BASF
Development Partner
Investment Rounds
Save

IPO INFORMATION

Date

12/26/2023

IPO status

Withdrawn

IPO Type

IPO

Amount

$2.1B

Initial shares

1100000000

Ticker symbol

Exchange listed

STAR

Prospectus URL

Prospectus

Source URL

Source

Description

SVOLT will file for public offering on Shanghai based STAR Market. CITIC Securities serves as underwriter of the deal. They withdrew their application on December 26, 2023

Date Investors Type Amount
12/13/2021 Han's Laser Han's Laser , Sichuan Energy Investment Sichuan Energy Investment , Xingyu Co Xingyu Co , China Mobile Capital China Mobile Capital , CDH Investments CDH Investments , Industrial Bank (China) Industrial Bank (China) , PreIPO Capital Partners, Ltd. PreIPO Capital Partners, Ltd. , PICC Capital PICC Capital , Taikang Asset Taikang Asset (9)
Post-money valuation of
The company closed 6 billion yuan ($942.11 million) in a B+ funding round. Funding will be used for the R&D of new technologies, the construction of SVOLT’s manufacturing base 4th phase, R&D hub, and headquarters management center in Changzhou.
Series B $942,000,000
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font