Yunchu New Energy Technology
A solution provider for the vertical industry of digital energy storage.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
* | CNY20.0m Valuation: CNY500m | Series A | |
| Total Funding | 000k | ||
Yunchu New Energy Technology (iBatteryCloud) operates as a developer and provider of digital energy storage vertical solutions. Founded in 2012 and headquartered in Yantai, China, the company, formerly known as Jinan Cloud Storage New Energy Technology Co., Ltd., focuses on building digital energy storage infrastructure.
The company's core business revolves around providing "energy storage as a service" through digital system solutions. It leverages proprietary technologies such as energy informatization and a dynamic, reconfigurable battery network. This approach addresses the "short-board effect" inherent in traditional fixed series and parallel battery systems, which enhances the economic viability of energy storage. A key feature of their technology is the ability to use retired power batteries for second-life energy storage without needing to dismantle them.
Yunchu New Energy serves a range of industry customers with solutions for various applications. These include clean energy generation management, renewable energy grid integration, commercial and industrial peak management, and residential use cases like integrating distributed power sources and microgrids. The firm has been involved in several large-scale projects, including providing a green energy supply for a data center cluster in Inner Mongolia and a 100-megawatt-level dynamic reconfigurable energy storage project for a photovoltaic plant.
Financially, Yunchu New Energy Technology has secured significant funding to support its growth. The company has raised a total of $29.7M. A Series A funding round in May 2024 was led by Zhenghai, and a previous round in June 2022 raised $14.9M with participation from Lanchi Venture Capital and Fosun. In collaboration with Tsinghua University, the company co-developed an industry standard for dynamically controlled energy storage systems for communication base stations, which was officially released in May 2025.
Keywords: digital energy storage, energy storage as a service, reconfigurable battery network, second-life batteries, battery management system, energy infrastructure, renewable energy integration, grid services, peak shaving, microgrids, energy informatization, vertical solutions, power electronics, utility-scale storage, commercial energy storage, industrial energy storage, residential energy storage, energy vertical, dynamic energy control, battery technology