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Sermatec logo — Professional energy storage solution supplier.

Sermatec

Professional energy storage solution supplier.

Founded 2016 China Shanghai, China 21 employees Series C Total: $106.00M Energy, Industrial +1

General Information

Company Name Sermatec
Founded Year 2016
Location China Shanghai, China
Employees 21
Industries Energy, Industrial, Manufacturing
Funding Stage Series C
Social

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About Sermatec

Sermatec is a leading manufacturer of energy storage systems and digital solution provider for energy, founded in 2016 in China. The company focuses on R&D, boasting a team of over 200 technical personnel. Sermatec's main products include ESS on power generation, grid, commercial & industrial sides, as well as residential ESS and intelligent services in energy operation and maintenance. The company completed the construction of the second-generation technology system with a focus on the technology architecture of “Cloud, Product, and In-between Support” and integrating the new 3S (Security, Standard, Service) into the traditional 3S (BMS, PCS, EMS). This has enhanced security in production and operation through core algorithm enhancement. The Series C investment received on 10th October 2023 has further propelled Sermatec's growth. This funding round was backed by a notable group of investors including Cowin Capital, Sinovation Ventures, China Merchants Startup Capital, Triniti Capital, Guanghui Investment, Foxconn Industrial Internet, and China Three Gorges Corporation. The investment signifies the confidence of prominent venture capital firms in the potential of Sermatec and its energy storage solutions. Sermatec's commitment to "Responsibility, Honor, and Harmony" is translating into the provision of high-quality products and services, contributing to the realization of carbon peaking, carbon neutrality goals, and a new power system architecture. The company's comprehensive offerings cover diverse aspects of the energy storage industry, such as renewable energy grid connection, frequency modulation, peak regulation of power, demand-side response, and microgrids. Overall, Sermatec is poised to play a significant role in the safe and efficient operation of the global energy storage system, reinforcing its position as a key player in the energy and manufacturing sectors.

Business keywords: Energy Storage Systems, Digital Solutions, R&D, Innovation, Grid Connection, Frequency Modulation, Peak Regulation, Demand-Side Response, Microgrids, Carbon Neutrality, Power System Architecture, Energy Technology, Energy Operation and Maintenance, Professional Energy Solutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C Undisclosed 7
Cowin Capital Sinovation Ventures MultiGo Capital
Cowin Capital, Sinovation Ventures +5
04 Oct 2023
Venture Round CNY6.00M 2
Gongqing City Weilan New Energy Storage Venture Capital Partnership, Foxconn Industrial Internet
05 Jul 2023
Series A CNY100.00M 1
Sinovation Ventures
Sinovation Ventures
09 Aug 2021

Sermatec Alternatives & Competitors

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FAQ About Sermatec

Professional energy storage solution supplier.
Sermatec was founded in 2016.
Sermatec is headquartered in Shanghai, China.
Sermatec operates in Energy, Industrial and Manufacturing. Its work centres on Energy Storage Systems, Digital Solutions, R&D and Innovation.
Sermatec has approximately 21 employees.
Sermatec has completed 3 funding rounds, raising a total of $106.00M. The latest funding stage is Series C.
Top alternatives and competitors to Sermatec include ROBESTEC, HYbrid Energy Solutions Ltd, GKN Hydrogen, Enerdigit, PowerTec. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sermatec and ROBESTEC 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 Sermatec, https://bouncewatch.com/company/sermatec, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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