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Shenzhen Yilanke Electric has closed a Series A round worth tens of millions of yuan, led by Times Bole, to fund the construction of its Zhongshan manufacturing center and expand its product offerings.
PRIVATEAug 10, 2026•about 3 hours ago
Amount Raised
¥10 Million
Round Type
Series A
Investors
Times Bole
Description
Shenzhen Yilanke Electric, known for power electronics in energy storage, has secured a Series A round worth tens of millions of yuan. The funding will be used to build its Zhongshan manufacturing center and enhance its overseas local-service network. Additionally, they aim to develop new products, including AIDC power supplies. Since 2024, overseas sales have grown to 85% of total sales, driving the need for expansion.
Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech