Tsun Secures Over Rmb 150 Million In Series B Funding, Accelerating Innovation In Photovoltaic Technology And Sustainable Energy Solutions
Round Type
Series B
SuzhouManufacturingEnergyRenewable EnergySolarInvestors
Description
TSUN, a leading player in the photovoltaic (PV) industry, has recently secured over RMB 150 million in Series B funding, marking its second successful funding round in 2023. Led by IDG Capital and following an investment from Hidden Hill Capital in February, this funding will strategically enhance TSUN's capabilities in automated production lines, production capacity, and technological advancements in core products. The funds will also support supply chain development and the expansion of domestic and international business channels, further solidifying TSUN's influence in the PV industry.
Quick answer
TSUN raised an undisclosed amount in a Series B round, dated November 20, 2023. Investors: Hidden Hill Capital and IDG Capital. TSUN is based in Suzhou, Jiangsu, China.
- How much did TSUN raise?
- TSUN raised an undisclosed amount in a Series B round on November 20, 2023.
- Who invested in TSUN?
- Hidden Hill Capital and IDG Capital are named as investors in this round.
- What does TSUN do?
- TSUN is a pioneering company at the forefront of the solar energy industry, making solar power accessible, safe, and user-friendly, with a diverse range of innovative products and solutions.
- Where is TSUN based and how big is it?
- TSUN is based in Suzhou, Jiangsu, China.
- Who are the decision-makers at TSUN?
- Fundz holds 1 contact at TSUN. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as TSUN that raised within 45 days of this round, from Fundz verified event records.
- International Battery Metals raised $420K (Seed) on December 8, 2023.
- Swift Solar raised $25M on December 6, 2023.
- Charging Robotics raised an undisclosed amount (Funding Round) on November 22, 2023.
- Advent Technologies Holdings raised an undisclosed amount (Funding Round) on November 16, 2023.
- OCOchem raised $5M (Seed) on November 15, 2023.
- Ensol raised $3.2M (Seed) on November 6, 2023.
Who to call at TSUN, and when
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- An alert the day TSUN raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TSUN, from your own LinkedIn network
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Funding Insights
What this usually meansTSUN raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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