
Shenzhen Magrain Technology
Shenzhen Megarevo Technology Co., Ltd. is a high-tech enterprise focusing on R&D, manufacture , sale.
Date | Investors | Amount | Round |
---|---|---|---|
* | CNY40.0m Valuation: CNY1.0b | Early VC | |
Total Funding | 000k |
Shenzhen Megarevo Technology Co., Ltd., established in July 2018, operates as a specialized provider of energy storage inverter solutions. Headquartered in Shenzhen, China, the company has expanded its global footprint with four service centers and multiple production bases. The firm was founded by a core team of senior experts in power electronics technology and has grown to over 300 employees, with R&D personnel constituting more than 50% of the workforce. Megarevo has secured approximately $18.2 million in funding from investors including FG Venture, Infore Investment Holding Group, and Huatai Zijin Investment.
The company's business model centers on the research, development, manufacturing, and sales of hardware for the renewable energy sector. It generates revenue by providing standardized inverter products, customized solutions, and Original Design Manufacturer (ODM) services. Megarevo targets four primary market segments: residential energy storage, commercial & industrial (C&I) applications, microgrids, and grid-side energy storage. Having delivered over 5GW of its products to more than 1,000 customers across over 30 countries, the company serves a global client base.
Megarevo's product portfolio includes hybrid inverters, power conversion systems (PCS), and complete energy storage systems (ESS). Key product lines are the REVO series for residential use, the MEGA series for C&I applications, and the MPS series for microgrids. These products are designed to integrate with various energy sources like photovoltaic panels and diesel generators, offering features such as seamless on-grid and off-grid switching and the ability to handle significant impulse loads. The company's inverters have obtained numerous international certifications, including UL, CE, TUV, and NRS, allowing for their sale in regions such as North America, Europe, South Africa, and Australia.
Significant milestones for Megarevo include launching its first high-power C&I energy storage converters in December 2018 and its first residential storage inverter in December 2019. By December 2021, the company's market turnover surpassed 100 million RMB, and it was officially recognized as a National High-tech Enterprise in China. In 2024, the company received the "Tomorrow's Unicorn" award at the 8th ESIE International Energy Storage Innovation Competition. Keywords: energy storage solutions, hybrid inverters, power conversion system, C&I energy storage, residential energy storage, microgrid solutions, grid-side storage, Shenzhen Megarevo Technology, power electronics, ODM services, energy management systems, renewable energy hardware, off-grid inverters, on-grid inverters, battery storage systems, solar power conversion, smart grid technology, clean energy solutions, power backup systems, modular inverters