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China’s mobility power supply provider Guoguangshunneng closes angel around

Monika From Gasgoo| July 29 , 2022 15:26 BJT

Shanghai (Gasgoo)- Chinese EV charging solution provider, Guoguangshunneng (Shanghai) Energy Technology Co.,Ltd. (“Guoguangshunneng”, name in Chinese pinyin), recently completed an angel round with tens of millions of yuan raised, according to a local media outlet.

The fresh round was jointly invested by Linear Capital and Sequoia Capital China's seed fund.

The proceeds from the angel round will be used for R&D and iteration of products, talents introduction, and technology commercialization, said Deng Xiaoguang, founder of Guoguangshunneng.

China’s mobility power supply provider Guoguangshunneng closes angel around

G60; photo credit: Guoguangshunneng

The Shanghai-based company was founded in February 2022. Under its proprietary brand, DHForce, it is dedicated to developing safe and efficient MPS (mobility power supply) products. The company offers EV users its non-inductive and convenient charging services, and provides the new type of energy architecture with user-side solutions for distributed orderly charging.

The founder, Deng Xiaoguang, has worked in the new energy vehicle (“NEV”) industry for over ten years. Before the company’s establishment, he had been in positions of Siemens VDO Automotive AG, SAIC Motor's NEV unit, HOZON Auto, as well as QingTao Energy.

The company is about to debut two MPS products, the G90 and the G60, under the DHForce brand. By virtue of the cooperation with strategic partners and local governments, Guoguangshunfeng has put the products into pilot operation in such scenarios as smart city, new infrastructure, smart energy, AI, and NEV.

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