Nanjing Lingtan Intelligent Technology
A provider of sustainable distributed energy storage product and services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $7.4m | Seed | |
| Total Funding | 000k | ||
Nanjing Lingtan Intelligent Technology Co., Ltd., operating as Teplore, was established in 2021 and is positioning itself as a key provider of distributed energy storage systems. The company secured early-stage venture capital in a Series A round on July 19, 2022, following a seed round on January 11, 2022. Investors include notable firms such as Eight Roads Ventures, Pksha Technology Capital, and SMBC Venture Capital.
Teplore's core business revolves around the development and delivery of sustainable distributed energy storage products and services. The company targets the industrial and commercial sectors, including factories, commercial buildings, charging stations, and data centers. Its business model involves providing comprehensive turnkey solutions that encompass engineering, delivery, installation, and commissioning of its energy storage systems. The company's vision is to accelerate the global transition to sustainable energy by offering efficient and safe distributed energy storage systems.
The company's main product line is the Tensorpack, a series of energy storage systems (T, R, M, and A models), such as the Tensorpack R 125kW/279kWh system, which has received UL9540 certification. These systems are designed for various applications, including managing high electricity bills for commercial and industrial clients through peak shaving and leveraging time-of-use rates. They also support electric vehicle charging stations by regulating load peaks to prevent grid overload and can be integrated into microgrids with photovoltaics or diesel generators to ensure a stable power supply in remote areas. Furthermore, Teplore's systems can connect to the flexibility market to provide ancillary services like frequency regulation to the national grid.
Supporting its hardware is the Cortex Ecosystem software suite, which includes tools for real-time monitoring (Powerview), intelligent operation and maintenance (Supervisor), AI-based data analysis for strategy optimization (Analyzer), and local system control (Logger). The core team consists of graduates from prestigious global universities with extensive experience in leading energy and electric companies, providing them with deep technological knowledge for deploying GWH-level energy storage systems and managing the supply chain.
Keywords: distributed energy storage, battery storage systems, commercial energy solutions, industrial energy storage, Teplore, Nanjing Lingtan Intelligent Technology, Tensorpack, energy management system, microgrids, EV charging infrastructure, peak shaving, ancillary grid services, sustainable energy, Cortex Ecosystem, UL9540 certified, virtual power plant, energy storage software, turnkey energy solutions, frequency regulation, renewable energy integration