Hangzhou Chaorong Technology
Develops high-performance fuses and breakers for new energy applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | CNY20.0m | Series B | |
| Total Funding | 000k | ||
Hangzhou Chaorong Technology Co., Ltd., operating under the brand name Chauron, is a specialized developer and manufacturer of advanced power protection systems. Founded in April 2018 and headquartered in Hangzhou, China, the company has established itself as a key player in the new energy sector.
The firm's core business revolves around the research, development, and production of high-performance fuse products and innovative instantaneous interrupters, marketed as Pyrofuse. These components are critical for ensuring the safety and reliability of electrical systems across a variety of high-growth industries. The company serves a diverse client base, providing solutions for new energy vehicles (NEVs), electric vehicle charging piles, wind and solar power storage facilities, electric two-wheeled vehicles, electric ships, and data centers. Its business model is centered on direct sales and providing customized, full-range solutions based on client needs, which are developed through extensive simulation and practical testing.
Chaorong Technology operates a research and development base and its primary production facility in Hangzhou, with a second production base located in Hunan. The company emphasizes technological advancement, investing in both product and production line R&D. It maintains comprehensive electrical performance and environmental testing laboratories, which have received CNAS accreditation, signifying that its testing capabilities meet international standards. This commitment to quality is further demonstrated by its adherence to the IATF 16949 automotive quality management system, enabling the delivery of high-standard products in large volumes.
The company has successfully secured multiple rounds of venture capital funding to fuel its growth. Following an early-stage VC round in December 2022 and a Series A in September 2023, Chaorong Technology completed a Series B financing round in December 2024, led by Hefei Renfa New Energy Investment. This capital is being allocated towards market expansion, increasing production capacity, and advancing the development of its high-end product lines like the Pyrofuse.
Keywords: power protection systems, fuse manufacturer, new energy vehicles, EV charging, energy storage solutions, Pyrofuse, instantaneous interrupter, Chauron, electrical components, automotive fuses, renewable energy components, data center power protection, electric ship systems, circuit protection, venture capital-backed, CleanTech, electrical equipment, high-performance fuses, power system safety, advanced manufacturing