Vestwoods
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Vestwoods - overview
Established
2016
Location
Hangzhou, Zhejiang, China
Primary Industry
Power & Utilities
About
Founded in 2016 and based in Hangzhou, China, Vestwoods is a new energy technology company that focuses on research and development of energy storage systems. In March 2024, the firm raised a strategic investment for CNY 200 million. As of 2024, the company has established branches in countries such as the United States, Thailand and Singapore. The company's main products include residential energy storage systems, commercial energy storage systems and golf cart batteries.
In 2023, the company's operating income was CNY 491. 57 million, and the net profit was CNY -19. 92 million.
Current Investors
Tonglu Dekang Enterprise Management, Captain Finance, Nantong Baimiao Investment Management
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services, Energy Storage & Batteries
Website
www.vestwoods.com
Verticals
Clean Technology, Manufacturing
Total Amount Raised
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