Radar Companies Energy · Shenzhen
Radar · Energy in Shenzhen

Best Energy Companies in Shenzhen, China

The 149 best Energy companies in Shenzhen, China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sunwoda Electronic.

149companies tracked
$1.6Bdisclosed funding
0unicorns
14have raised
FLIAR INTELLIGENCE · ENERGY × SHENZHEN

Our analysis of 50 Energy companies

$16.6b in tracked funding; 42% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2021.

50companies analysed
42%cloud-native stacks
2021funding peak (by rounds)
2unicorns
2007median founding year

Ranked: Best Energy companies in Shenzhen

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Sunwoda Electronic
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
60Funding top 23%Growth top 34%Fin. health top 35%News top 37%
All 9 signals ▾
Fundingtop 23%
Growthtop 34%
Fin. healthtop 35%
Newstop 37%
Markettop 45%
Moattop 48%
Globalbottom 44%
Partnersbottom 44%
Techbottom 32%
Funding: Raised $1.5B across 3 rounds · 3 rounds over 4 yrs (0.8/yr)
Growth: Revenue +16% YoY
rank vs industry peers · Fliar Intelligence Index 60/100
$1.5B35 mo agoPublic1997BootstrapNginxHeadJS+5
2ShineOn
High-brightness LED packaging products
72Market top 22%Funding top 39%Talent bottom 49%Global bottom 48%
All 4 signals ▾
Markettop 22%
Fundingtop 39%
Talentbottom 49%
Globalbottom 48%
Market: 900 employees (top 13% of Energy)
Funding: Raised $65.2M across 3 rounds · 3 rounds over 16 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 72/100
$65M32 mo agoSeries DZhencan Fan
Co-Founder & CEO
2010
3Cigenergy
Developer of vertically integrated energy solutions focused on domestic supply chains
42Funding top 38%Talent bottom 45%Global bottom 25%
All 3 signals ▾
Fundingtop 38%
Talentbottom 45%
Globalbottom 25%
Funding: Raised $45.5M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
Talent: 1 named leader on record
rank vs industry peers · Fliar Intelligence Index 42/100
$46M7 mo agoFunding RaisedJohn Barry
Managing Director
2014
4Satcon
Solar and fuel cell inverters
$16M177 mo agoAcquiredAlain Corcos
CEO & President
1985
5Jiecheng
Provider of lithium battery recycling services
$15M46 mo agoSeries A20126 patents
Telecom network signaling, device reset, and circuit maintenance for communication systems
6Yongtai Numerical Energy
Provider of diversified energy storage solutions for power plants
28 mo agoSeries A2022
7Shenzhen Shun Entropy Technology
Provider of thermal management solutions for various applications
29 mo agoSeedZhu Yonggang
CEO
2021
8ACE Battery
Manufacturer of lithium ion batteries
41 mo agoSeries BJames Zhao
Founder
2014Node.jsFroala EditorReact+19

Top 12 Energy companies in Shenzhen

#1
Funding Raised · Shenzhen, Guangdong · founded 2014
$45.5Mraised

Developer of vertically integrated energy solutions focused on domestic supply chains. The company designs, sources, builds, and operates to guarantee energy security and economic strength. It focuses on domestic sourcing to eliminate reliance on foreign suppliers. The company prioritizes storage technologies and establishes land agreements and utility partnerships. It maintains clean energy as the core.

Fliar Intelligence Index™ 42how this company ranks against its industry peers
Funding
top 38%
Talent
bottom 45%
Global
bottom 25%
Funding: Raised $45.5M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Conventional Debt (Nov 2025)
Talent: 1 named leader on record
Global: Single-market focus (China)
Funding rounds
  • Nov 2025Conventional Debt$45.5M
Founders & team
John BarryManaging Director
#2
Public · Shenzhen, Guangdong Province · founded 1997 · 105 employees
$1.5Braised

Manufacturer of lithium-ion batteries, energy storage systems, and related hardware. The company provides batteries for consumer products, electric vehicles, and energy storage. It offers energy services and develops smart hardware. The business also focuses on sustainable development practices throughout its operations.

Fliar Intelligence Index™ 60how this company ranks against its industry peers
Funding
top 23%
Growth
top 34%
Fin. health
top 35%
News
top 37%
Market
top 45%
Moat
top 48%
Funding: Raised $1.5B across 3 rounds · 3 rounds over 4 yrs (0.8/yr) · Last round Post IPO (Jun 2023)
Growth: Revenue +16% YoY
Fin. health: Revenue ~$561M · Revenue +16% YoY · Publicly listed (IPO 2011)
Funding rounds
  • Jun 2023Post IPO$228.5M
  • Aug 2022Post IPO$886M
  • Feb 2022Post IPO$384.9M
Investors
Shenzhen Capital Group, China Life Investment, CCB Financial Assets Investment, Broad Vision Funds, Source Code Capital, National Green Development Fund
Tech stack
BootstrapHeadjsHstsHttp/3JqueryJquery Migrate
#3
Series D · Shenzhen, Guangdong Province · founded 2010 · 900 employees
$65.2Mraised

ShineOn produces LED products with low thermal resistance, high brightness and excellent color uniformity to meet the requirements for LCD backlighting applications for various panel sizes, including TVs, monitors, and notebooks. The high brightness LED products also provide highly efficient and environment-friendly solutions for both indoor and outdoor illumination applications.

Fliar Intelligence Index™ 72how this company ranks against its industry peers
Market
top 22%
Funding
top 39%
Talent
bottom 49%
Global
bottom 48%
Market: 900 employees (top 13% of Energy)
Funding: Raised $65.2M across 3 rounds · 3 rounds over 16 yrs (0.2/yr) · Last round Series D (Sep 2023)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
  • Sep 2023Series D$13.7M
  • Apr 2011Series B$50M
  • 2010Series A$1.5M
Founders & team
Zhencan FanCo-Founder & CEO
Investors
Mayfield, GSR Ventures, NLVC, IDG Capital
#4
Series A · Shenzhen, Guangdong Province · founded 2012 · 10 employees
$14.8Mraised

Provider of lithium battery recycling services

Funding rounds
  • Jul 2022Series A$14.8M
Investors
BOC & Utrust Private Equity Fund Management, China Everbright, Lg, New Idea Capital
#5
Acquired · Shenzhen, Guangdong Province · founded 1985 · 244 employees
$16Mraised

Satcon manufactures solar and fuel cell inverters and offers different models in inverters like 'PowerGate Plus' 'Equinox' and 'ContainerPlus' with 12 power ratings, ranging from 30kW-1MW. In 2013 the company was acquired by Great Wall Energy.

Funding rounds
  • Sep 2011Grant (prize money)$1.4M
  • Jul 2011Series B$16M
  • Jul 2009Grant (prize money)$398.3K
Founders & team
Alain CorcosCEO & President
Investors
OSTI, NGP Energy Technology Partners
#6
Series A · Shenzhen, Guangdong Province · founded 2022 · 600 employees
raised

Provider of diversified energy storage solutions for power plants. It offers solutions for thermal power plants, multi and new energy grid connected solutions, grid regulation solutions, and capacity expansion solutions. It also offers energy storage systems built with the integration of source.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 3 product launches · 2 partnerships (incl. Metropolitan Energy SRL) announced in 12 mo
Funding rounds
  • Feb 2024Series A
  • Mar 2023Series A
  • Jul 2022Angel
Investors
Zhuoyuan Capital, Baifuyuan Capital, Lihe Tech
#7
Seed · Shenzhen, Guangdong Province · founded 2021
raised

Shunshang Technology is a company that specializes in thermal management solutions. They offer products such as ultra-thin heat pipes, server chip heat dissipation modules, and semiconductor heat dissipation solutions. They also provide thermal management solutions for applications in data centers, energy storage, and electric vehicles.

Funding rounds
  • Jan 2024Seed
Founders & team
Zhu YonggangCEO
#8
Series B · Shenzhen, Guangdong Province · founded 2014 · 1000 employees
raised

Manufacturer of lithium ion batteries

LinkedIn Pulse recent public activity · Jul 2026
Audience: 14k LinkedIn followers — 3.7% of this cohort's audience
Funding rounds
  • Jan 2023Series B
Founders & team
James ZhaoFounder
Investors
CLSA Capital Partners, CoStone Capital, Green Capital group, Oriental Fortune Capital, SZQH, Sino China Capital
Tech stack
Alibaba Cloud CdnCloudflareCloudflare Bot ManagementEmotionFont AwesomeFroala Editor
#9
Series B · Shenzhen, Guangdong Province · founded 2009 · 482 employees
raised

Manufacturer of mobile energy storage products

Funding rounds
  • Apr 2022Series B
Investors
Qianhai Ark Asset Management, Zhuoyuan Asia
Tech stack
Element UiFont AwesomeHstsJqueryJsdelivrNginx
#10
Series A · Shenzhen, Guangdong Province · founded 2018 · 120 employees
raised

Manufacturer of batteries

Funding rounds
  • Nov 2021Series A
Investors
Shanghaishenergyenergydevelopmentcoltd
#11
Seed · Shenzhen, Guangdong Province · founded 2005 · 1574 employees
raised

Contract manufacturer of LED lighting products

Funding rounds
  • Sep 2019Seed
Investors
Time Bole, Shenzhen Zhouming Technology
Tech stack
Apache Http ServerSwiperJquery
#12
Seed · Shenzhen, Guangdong Province · founded 2014
raised

Provider of oilfield multiphase flow measurement solutions applicable to a wide range of industries. The company specializes in developing oilfield multiphase measurement and control devices including advanced flowmeter, moisture meter and gas-lift well measurement meter, aiming to provide reliable and accurate sensor and control technologies for oilfield safety management.

Funding rounds
  • May 2019Seed
Founders & team
Yi LiFounder
Investors
Summitview Capital, Tsinghua Pearl River Delta Research Institute, Winzac Capital

Funding & investor landscape

$1.6Btotal disclosed funding
5companies funded
11disclosed rounds
0rounds last 90 days
Most active investors
Cowin Capital5 rounds
IDG Capital4 rounds
Asia Green Fund2 rounds
China Merger & Acquisition Fund2 rounds
Green Pine Capital Partners2 rounds
RC Investments2 rounds
Shenzhen Leaguer2 rounds
Zhuoyuan Capital2 rounds
ABB1 rounds
Addor Capital1 rounds

Notable founders

John Barry
Managing Director · Cigenergy
Zhencan Fan
Co-Founder & CEO · ShineOn
Alain Corcos
CEO & President · Satcon
Zhu Yonggang
CEO · Shenzhen Shun Entropy Technology
James Zhao
Founder · ACE Battery
Yi Li
Founder · Shenzhen Lianhengxing Technology
Li Shijun
President & CEO · SC New Energy Technology
Wan Ju
CEO · Shenzhen JingQuanHua Electronics
Prism market signals · China · country-scoped Prism corpus, 3,759,370 docs

Market landscape — 10 sub-themes by coverage

Share of Energy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH IN SHENZHEN · Energy

How research on Energy Storage in Shenzhen is moving

A read on the academic research around Energy Storage in Shenzhen — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 577 papers.

Shenzhen University and allied institutes dominate optimistic energy-storage research, focusing heavily on advanced battery materials and supercapacitors, with breakthroughs outnumbering concerns four-to-one.

577 papers · stance +0.60 · 52% breakthrough · 11% concern
breakthrough · advancement · concern
top institutions
  • Shenzhen University167
  • Tsinghua–Berkeley Shenzhen Institute95
  • Shenzhen Institutes of Advanced Technology88
  • Shenzhen Technology University65
  • City University of Hong Kong, Shenzhen Research Institute48
leading researchers
Yongbing Tang · Hongfei Li · Fan Zhang · Guojin Liang · Zhuoxin Liu · Funian Mo
prism intelligence · tone & topics
98% positive · 1% critical tone
Materials ScienceBusinessEnvironmentElectronicsTransportationSustainability
Breakthroughs281 · 49%
▼ 60%→49% share
▼0.8× share momentum3 median citations86% since 2021mostly methods-led
Electrolyte research is surging — papers grew from 4 to 74, dominating Breakthroughs at 49% field-share.
rising sub-themes (early→recent)
  • Electrolyte4→74
  • Electrochemistry3→61
  • Cathode2→54
  • Anode5→54
  • Battery (electricity)5→45
Newly emergingChemical engineering 0→19 · Catalysis 0→18 · Aqueous solution 0→18
Landmark Conductive porous vanadium nitride/graphene composite as chemical anchor of polysulfides for lithium-sulfur batteries · 1,115 cites
Advancements197 · 34%
▲ 16%→36% share
▲2.2× share momentum2 median citations91% since 2021mostly methods-led
Supercapacitor advancement is intensifying — electrode and redox sub-topics each rose from 1 to 17, 11, and 8 respectively.
rising sub-themes (early→recent)
  • Supercapacitor1→17
  • Electrode1→11
  • Redox1→8
  • Polymer1→6
  • Dielectric1→5
Newly emergingBattery (electricity) 0→33 · Nanotechnology 0→21 · Anode 0→21
Landmark Advanced Architectures and Relatives of Air Electrodes in Zn–Air Batteries · 829 cites
Concerns62 · 11%
▼ 16%→10% share
▼0.6× share momentum19 median citations79% since 2021mostly reviews
Cathode and electrolyte concerns are newly emerging — both entered Concerns segment with 18 and 15 papers respectively.
rising sub-themes (early→recent)
  • Anode2→17
  • Battery (electricity)3→16
  • Nanotechnology1→13
  • Electrochemistry1→7
  • Energy density1→7
Newly emergingCathode 0→18 · Electrolyte 0→15 · Renewable energy 0→5
Landmark More Reliable Lithium‐Sulfur Batteries: Status, Solutions and Prospects · 1,736 cites

Common questions

How many Energy companies are there in Shenzhen, China?
Radar tracks 149 indexable Energy companies headquartered in Shenzhen, China that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Shenzhen, China?
The Energy companies in Shenzhen, China on this list have raised a combined $1.6B in disclosed equity funding across 5 funded companies.
Which is the highest-funded Energy company in Shenzhen, China?
Sunwoda Electronic is the highest-funded Energy company in Shenzhen, China, with $1.5B in disclosed equity funding.
How many Energy companies in Shenzhen, China are funded?
5 of the 149 Energy companies in Shenzhen, China on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Shenzhen, China?
None of the Energy companies in Shenzhen, China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Shenzhen, China Energy companies?
The most active investors in Shenzhen, China Energy companies on this list include Cowin Capital, IDG Capital, Asia Green Fund, China Merger & Acquisition Fund, Green Pine Capital Partners.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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