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Radar · Smart Grid in China

Best Smart Grid Companies in China

The 60 best Smart Grid companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Londian Electrics.

60companies tracked
$381.4Mdisclosed funding
0unicorns
9have raised

China's Smart Grid funding map, ranked by disclosed equity and recent momentum, covers 60 companies and $381M in total capital — with one name pulling most of the weight. Londian Electrics alone accounts for $356M of that pool, leaving the remaining 59 companies to split roughly $25M. That concentration tells you something real about where conviction has landed. The global backdrop is moving fast: the smart grid market was pegged at $43.1B in 2022 and is forecast to hit $173.0B by 2030 at a 16.95% CAGR, driven by aging infrastructure, rapid urbanization, and the relentless push toward smart cities. And AI's expanding role in grid optimization, as explored in this recent look at ML in smart grid systems, is accelerating the technology refresh cycle across the sector.

So what's moving beneath Londian? Zheda Energy sits at $14M, PowerBee at $9M, with investors like Baidu Venture Capital and China Merchants backing the field. Hot themes right now are EV powertrain integration and next-generation EV platforms, which means smart grid infrastructure isn't just a utility story anymore. Cybersecurity risks remain the structural asterisk — I'd watch how Chinese regulators respond as grid connectivity deepens. If you're tracking where early-stage capital flows next, the EV-grid convergence is the clearest signal this quarter.

Sources & further reading
  • [Latest] Global Smart Grid Market Size/Share Worth USD 185.6 Billion b
  • Smart Meter Market Expected to Reach $29.8 Billion by 2026

Ranked: Best Smart Grid companies in China

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Londian Electrics
Provider of electric metering devices
$356M86 mo agoLate StageFrank
CEO
1996———
2Zheda Energy
Provider of smart power carbon asset management solutions for businesses
$14M44 mo agoSeries AJiang Xuedong
Co-Founder
2017———
3PowerBee
IoT solutions for energy management
$9M95 mo agoSeries ATimo Meyst
Owner
2013———
4Beijing Rongxing Technology
Blockchain and AI-based energy intelligence solutions
$2M96 mo agoSeedRichard Yu
Co-Founder
2016———
5Envertec
Provider of microinverter solutions, monitoring devices, energy storage, and accessories
—45 mo agoSeries AJundong Huo
CEO
2015TengineSwiperjQuery+3—3 launchs
6VppTech
Provider of AI and SaaS-based virtual power plant management platform
—46 mo agoSeedLiu Yuankun
Founder & CEO
2021———
7Wanzhisheng Technology
Provider of IoT-based remote energy monitoring solutions
—67 mo agoSeedJin Yadong
Founder & CEO
2017———
8Shanghai Fudan Microelectronics Group
Provider of semiconductor application-specific integrated circuits and smart metering solutions
—71 mo agoFunding Raisedpeter
CEO & VP
1998jQuery——

Top 9 Smart Grid companies in China

#1
Series A · Hangzhou, Zhejiang · founded 2017
$13.9Mraised
▾

Provider of smart power carbon asset management solutions for businesses. It focuses on the intelligent transformation and low carbon evolution of electric power energy.

Funding rounds
  • Oct 2022Series A$13.9M
Founders & team
Jiang XuedongCo-FounderXiaobo LiCo-Founder
Investors
GL Ventures, Source Code Capital, CREO Capital
#2
Late Stage · Shenzhen, Guangdong Province · founded 1996
$356.5Mraised
▾

Provider of electric metering devices. Products and solutions provided include single and three-phase smart meters, concentrators, prepaid meters, and electric meters alongside solutions to enable AMI architecture. AMI solutions include a smart home system with integrated energy management.

Funding rounds
  • Apr 2019PE$250M
  • Dec 2018PE$106.5M
Founders & team
FrankCEO
Investors
SK, China Venture Capital, Mirae Asset, QC Investment
Tech stack
Animate.CssNginxSwiperJquery
#3
Series A · Shanghai, Shanghai · founded 2013
$8.8Mraised
▾

PowerBee provides IoT solutions for energy management. Products include power communication chip, smart plugs, smart meters. Also, provides IoT applications such as power management system, lighting control system, temperature control system. Claims to have shipped over 100,000 smart meters to 10 cities mainly to the apartment market.

Funding rounds
  • Jul 2018Series A$8.8M
  • Jul 2017Angel—
Founders & team
Timo MeystOwner
Investors
China Merchants, Shanghai Changjiang Huiying Investment Management
#4
Seed · Wuhan, Hubei · founded 2016
$2.3Mraised
▾

Mixislink energy solution is a provider of energy intelligence solutions. Solutions aim to provide energy users and suppliers with data products and solutions which are based on blockchain and AI technology. Solutions provided include green energy trading, hydrogen energy control, UAV inspection and maintenance, integrated energy management platform, and intelligent microgrid systems. Products offered help with providing big data solutions and IoT products.

Funding rounds
  • Jun 2018Seed$2.3M
Founders & team
Richard YuCo-FounderHu WeiCEO
Investors
Tunghsu Blue Sky New Energy
#5
Series A · Yongkang, Zhejiang · founded 2015
—raised
▾

Provider of microinverter solutions, monitoring devices, energy storage, and accessories. The company specializes in module-level solar microinverters and communication gateways. It also offers hybrid inverters with battery capabilities. The company provides product order tracking and feedback.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 3 product launches announced in 12 mo
Funding rounds
  • Oct 2022Series A—
Founders & team
Jundong HuoCEO
Investors
Cloud Angel Fund
Tech stack
Google AnalyticsGoogle Tag ManagerHstsJquerySwiperTengine
#6
Seed · Changping District, Beijing · founded 2021
—raised
▾

Provider of AI and SaaS-based virtual power plant management platform. It offers features such as data analytics, marketing, optimization, and more.

Funding rounds
  • Aug 2022Seed—
  • 2021Angel—
Founders & team
Liu YuankunFounder & CEO
Investors
K2VC, Sequoia Capital China, China Merchants
#7
Seed · Haidian, Beijing · founded 2017
—raised
▾

Provider of IoT-based remote monitoring solutions. Uses cloud computing, big data, and artificial intelligence solutions to provide a series of intelligent application products and innovative solutions. Offers Smart Eye Cloud Service which is an IoT concept flagship product which an intelligent remote meter reading service product, and Smart Eye Cloud Platform which is a real-time IoT business support platform. Also provides gas meter remote meter reading program, water meter remote reading solution, remote electricity meter reading solution, pointer meter remote meter reading solution, remote water level measurement solution, and remote valve opening measurement solution.

Funding rounds
  • Dec 2020Seed—
Founders & team
Jin YadongFounder & CEO
Investors
Lanchi Venture Capital
#8
Funding Raised · Shanghai, Shanghai · founded 1998 · 1799 employees
—raised
▾

Provider of semiconductor application-specific integrated circuits and smart metering solutions. Its product offerings include smart meters, non-volatile memories, and analogue circuits. It also offers smart appliances, such as residual current protection circuits and modules, and leakage protector circuits.

Funding rounds
  • Jul 2020Unattributed—
Founders & team
peterCEO & VP
Investors
West Fountain Capital Management, Shenzhen Capital Group, Shenzhen Qianhai Wanrong Hongtu Investment Fund, Spinnotec
#9
Series A · Guangdong, Jilin · founded 2017 · 52 employees
—raised
▾

Huidian Cloud is a cloud-based data intelligence service provider. Services offered include demand management, equipment operation & maintenance, risk management, trading strategy analysis, settlement management, energy efficiency management, sales management, energy audit, energy storage, and others.

Funding rounds
  • May 2019Series A—
  • Mar 2019Seed—
Investors
One Village Capital, BOC & Utrust Private Equity Fund Management, Baidu Venture Capital, V-Capital

Funding & investor landscape

$381.4Mtotal disclosed funding
4companies funded
5disclosed rounds
0rounds last 90 days
Most active investors
Baidu Venture Capital2 rounds
China Merchants2 rounds
China Venture Capital2 rounds
BOC & Utrust Private Equity Fund Management1 rounds
CREO Capital1 rounds
China Impact Ventures1 rounds
Cloud Angel Fund1 rounds
Free Electrons1 rounds
GF Xinde Investment Management1 rounds
GL Ventures1 rounds

Notable founders

Jiang Xuedong
Co-Founder · Zheda Energy
Xiaobo Li
Co-Founder · Zheda Energy
Frank
CEO · Londian Electrics
Timo Meyst
Owner · PowerBee
Richard Yu
Co-Founder · Beijing Rongxing Technology
Hu Wei
CEO · Beijing Rongxing Technology
Jundong Huo
CEO · Envertec
Liu Yuankun
Founder & CEO · VppTech
Jin Yadong
Founder & CEO · Wanzhisheng Technology
peter
CEO & VP · Shanghai Fudan Microelectronics Group
Prism market signals · China · country-scoped Prism corpus, 3,736,998 docs

Market landscape — 10 sub-themes by coverage

Share of Smart Grid coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on Smart Grid is moving in China

A read on the academic research around Smart Grid — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 12,322 China-affiliated papers.

research sentiment over time
201020182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 34% → 41% across 2010–2026.
top research entities
  • State Grid Corporation of China1128
  • North China Electric Power University989
  • Shanghai Electric924
  • China Southern Power Grid790
  • Tsinghua University437
leading researchers
Peng Wang · Wei Wang · Yang Li · Josep M. Guerrero · Fei Wang · Yang Liu · Lei Wang · Rui Wang
▲ Breakthroughs3,473 · 28%
▼ 30%→28% share
▼0.9× share momentum1 median citations94% since 2021mostly methods-led
Microgrid breakthrough research is surging — Chinese papers rose from 48 to 1,067, dominating the breakthroughs segment.
rising sub-themes (early→recent)
  • Microgrid48→1067
  • Renewable energy17→505
  • Scheduling (production processes)9→397
  • Demand response19→406
  • Electric power system8→347
Newly emergingEnergy (signal processing) 0→88 · Particle swarm optimization 0→73 · Blockchain 0→68
Landmark Extended-Phase-Shift Control of Isolated Bidirectional DC–DC Converter for Power Distribution in Microgrid · 884 cites
◆ Advancements8,023 · 65%
▲ 57%→66% share
▲1.2× share momentum1 median citations95% since 2021mostly methods-led
Demand response advancements are intensifying — Chinese institutional papers scaled from 38 to 1,790, capturing the largest advancements growth.
rising sub-themes (early→recent)
  • Microgrid122→3148
  • Demand response38→1790
  • Renewable energy32→1354
  • Scheduling (production processes)11→1124
  • Energy storage17→955
Newly emergingReinforcement learning 0→257 · Power grid 0→205 · Fault (geology) 0→168
Landmark Fog computing and its role in the internet of things · 5,906 cites
▼ Concerns458 · 4%
▼ 8%→4% share
▼0.5× share momentum1 median citations91% since 2021mostly reviews
Concerns research is shrinking — field-share halved from 8% to 4% despite Renewable energy concern papers rising 8 to 111.
rising sub-themes (early→recent)
  • Renewable energy8→111
  • Microgrid3→88
  • Electric power system7→76
  • Demand response2→61
  • Electricity5→55
Newly emergingEnergy (signal processing) 0→17 · Internet of Things 0→14 · Fault (geology) 0→14
Landmark Review of Smart Meter Data Analytics: Applications, Methodologies, and Challenges · 1,252 cites
RESEARCH HOTSPOTS · China

Where smart grid is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Shanghai1806 · +0.64
Hot · MicrogridAdvancing · Demand responseOpportunity · Reinforcement learningConcern · Data science
Beijing1099 · +0.63
Hot · Renewable energyAdvancing · MicrogridOpportunity · Power gridConcern · China
Nanjing822 · +0.64
Hot · MicrogridAdvancing · Demand responseOpportunity · Energy (signal processing)Concern · Computer security
Guangzhou/Shenzhen683 · +0.64
Hot · ElectricityAdvancing · MicrogridOpportunity · Environmental economicsConcern · Power grid
Wuhan591 · +0.65
Hot · MicrogridAdvancing · VoltageOpportunity · Energy (signal processing)Concern · Software deployment
Hangzhou590 · +0.65
Hot · MicrogridAdvancing · Demand responseOpportunity · Energy storageConcern · Environmental economics
Harbin218 · +0.61
Hot · State observerAdvancing · Three-phaseOpportunity · Power (physics)Concern · Computer security
Hefei143 · +0.62
Hot · Decoupling (probability)Advancing · Permanent magnet synchronous generatorOpportunity · Distributed generation
PATENT SIGNAL · China

Who's filing smart grid patents in China

China smart grid patent filing is accelerating — 250 filings from 194 assignees (2016–2025), led by UNIV Southeast, State GRID China, Beijing Etechwin Electric; annual filings 3→63.

250 filings194 assigneespeak 63/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • UNIV Southeast19
  • State GRID China17
  • Beijing Etechwin Electric16
  • Huawei Digital Power TECH11
  • GREE Electric Appliances Zhuhai11
  • UNIV Tianjin10
  • China Electric Power RES INST9
  • UNIV North China Electric Power6

Common questions

How many Smart Grid companies are there in China?
Radar tracks 60 indexable Smart Grid companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Smart Grid companies in China?
The Smart Grid companies in China on this list have raised a combined $381.4M in disclosed equity funding across 4 funded companies.
Which is the highest-funded Smart Grid company in China?
Londian Electrics is the highest-funded Smart Grid company in China, with $356.5M in disclosed equity funding.
How many Smart Grid companies in China are funded?
4 of the 60 Smart Grid companies in China on this list have disclosed at least one equity funding round.
How many Smart Grid unicorns are there in China?
None of the Smart Grid companies in China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in China Smart Grid companies?
The most active investors in China Smart Grid companies on this list include Baidu Venture Capital, China Merchants, China Venture Capital, BOC & Utrust Private Equity Fund Management, CREO Capital.
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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