Fundz
Funding, M&A, exec moves and hiring — matched to your market, with the people to call.See plans →

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.

PRIVATEAug 06, 2026•4 days ago

Amount Raised

¥200 Million

Round Type

Series A

ManufacturingEnergyRenewable Energy

Investors

Chunjia CapitalLiving Water CapitalShenqi CapitalDifferent CapitalGuangyuan Hesheng FundThunder SoftParadise Silicon ValleyJunsheng United CapitalThick Snow CapitalYuanhe WanghouYuanhe Puhua

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.

Company Information

Company

Squirrel Power

About

Squirrel Power is a hard-tech startup founded in 2023, focusing on R&D, manufacturing, and global operation of outdoor electrification and intelligent products. Its brand Evotrex utilizes self-developed integrated vehicle power generation and energy storage technology to target the global outdoor travel market. The company aims to provide off-grid living solutions for the new generation of consumers, promoting upgrade in electrification, intelligence, and energy autonomy in the RV industry.

Predictive Intelligence
Strategic

ML-powered predictions for Squirrel Power's next move

Learn about Strategic plan

Funding Insights

Based on industry data
Typical 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

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.