NaaS logo — NaaS Technology Inc. is the first U.S. listed EV charging se...

NaaS

NaaS Technology Inc. is the first U.S. listed EV charging service company in China, a subsidiary of Newlinks Technology.

Founded 2019 38 employees Post-IPO Equity Total: $664.00M Renewable Energy, Energy Storage +1

General Information

Company Name NaaS
Founded Year 2019
Employees 38
Industries Renewable Energy, Energy Storage, Automotive
Funding Stage Post-IPO Equity
Social

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About NaaS

NaaS Technology Inc. is the first U.S. listed EV charging service company in China, a subsidiary of Newlinks Technology. The company, founded in 2019, has made significant strides in the renewable energy and energy storage industries. NaaS provides comprehensive EV charging solutions to stations, covering online and offline EV charging, as well as innovative solutions. As of March 31, 2023, the company has connected over 575,000 chargers across 55,000 charging stations, claiming a substantial 40% and 49% market share in China's public charging market respectively. Notably, on June 13, 2022, the company's American depositary shares commenced trading on Nasdaq under the stock code NAAS. The most recent investment in NaaS amounted to CNY43.00M in a post-IPO equity investment on 13 March 2024. The investors involved in this last round of funding are not disclosed. NaaS Technology Inc. presents a compelling opportunity in the burgeoning EV charging sector, reflecting its potential for growth and widespread impact.

Taxonomy: EV charging, electric vehicles, energy infrastructure, China, Nasdaq, technology, charging stations, market share, carbon neutrality, electric vehicle industry, charging solutions, energy digitalization, public charging, charging pile manufacturers, fleet operators

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Post IPO Equity CNY43.00M -
13 Mar 2024
Post IPO Equity Undisclosed 1
PMC Diversified Equity Fund
02 Feb 2024
Post IPO Debt $40.00M 1
LMR Partners
31 Aug 2023
Post IPO Debt $30.00M 1
LMR Partners
29 Jun 2023
Post IPO Equity $21.00M 2
CST, Adrian Cheng
29 May 2023
Post IPO Equity $30.00M -
01 Dec 2022
Series A CNY500.00M 4
CICC, GSR United Capital +2
07 Feb 2022

NaaS Alternatives & Competitors

View All Alternatives
NaaS vs
EVgo
EVgo United States

We’re on a mission to deliver a seamless fast-charging experience for everyone.

Post-IPO Debt
375 employees
Energy Storage, Autonomous and Sensor Tech
NaaS vs
plugpoint
plugpoint Romania

Charging stations made in Romania, aluminum for durability, 2-year warranty.

6 employees
Energy Storage, Automotive
NaaS vs
Ecotap B.V.
Ecotap B.V. The Netherlands

Dutch manufacturer of charging stations for all electric transport

76 employees
Industrial, Energy Storage

FAQ About NaaS

NaaS Technology Inc. is the first U.S. listed EV charging service company in China, a subsidiary of Newlinks Technology.
NaaS was founded in 2019.
NaaS operates in Renewable Energy, Energy Storage and Automotive. Its work centres on EV charging, electric vehicles, energy infrastructure and China.
NaaS has approximately 38 employees.
NaaS has completed 7 funding rounds, raising a total of $664.00M. The latest funding stage is Post-IPO Equity.
Top alternatives and competitors to NaaS include EVgo, plugpoint, Ecotap B.V., Lynkwell, EV Connect. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NaaS and EVgo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NaaS, https://bouncewatch.com/company/naas, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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