Squirrel Power secures over 200M RMB in Series A financing led by Yuanhe & Houxue to expand production capabilities for its Evotrex-PG5 RV scheduled for mass production in 2027.
Amount Raised
¥200 Million
Round Type
Series A
Investors
Description
Squirrel Power, a hard-tech startup, has completed a Series A financing of over RMB 200 million. Investors include Yuanhe Puhua, Yuanhe Wanghou, and several capital firms. The funds will be used for R&D tests, production line construction, and enhancing manufacturing capabilities for their first product, Evotrex-PG5. Founded in 2023, Squirrel Power focuses on outdoor electrification solutions.
Quick answer
Squirrel Power raised ¥200 Million in a Series A round, dated August 6, 2026. Investors: Thundersoft, Chunjia Capital, Living Water Capital, Shenqi Capital, Different Capital, Guangyuan Hesheng Fund, Paradise Silicon Valley and Junsheng United Capital.
- How much did Squirrel Power raise?
- Squirrel Power raised ¥200 Million in a Series A round on August 6, 2026.
- Who invested in Squirrel Power?
- Thundersoft, Chunjia Capital, Living Water Capital, Shenqi Capital, Different Capital, Guangyuan Hesheng Fund, Paradise Silicon Valley and Junsheng United Capital are named as investors in this round.
- What does Squirrel Power do?
- Squirrel Power is a hard-tech startup founded in 2023, focusing on R&D, manufacturing, and global operation of outdoor electrification and intelligent products.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Squirrel Power that raised within 45 days of this round, from Fundz verified event records.
- Evolution Metals & Technologies raised $31M (Convertible Note) on September 18, 2026.
- Rebaba raised $4.6M (Seed) on September 9, 2026.
- Kura Dynamics raised $3.4M (Pre-Seed) on September 7, 2026.
- Credoxys raised an undisclosed amount (Series A) on September 5, 2026.
- Yuma Energy raised $35M on September 1, 2026.
- DeltaX raised $26M (Series B) on September 1, 2026.
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