Lingtan Intelligence, an industrial and commercial energy storage brand, announced on August 5 its completion of a pre-A round of financing totaling 50 million yuan ($7.4 million), led by Eight Roads and followed by PKSHA SPARX Algorithm Fund and Future Capital. This round comes on the heels of the firm’s angel investment round, which was secured in January 2022.
Energy storage offers important support for building new power systems. With the increasing demand for green electricity and the expanded demand brought by new energy vehicles, energy storage systems have gradually become the industrial standard.
In June this year, Lingtan Intelligence released its Tensorpack T 200kWh/100kW distributed energy storage system, integrating batteries, battery management system, energy management system, thermal management system, DC/AC bidirectional converter and fire protection system in the…
Energy Storage Firm Lingtan Intelligence Bags $7.4M in Pre-A Round Financing
