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Xingchen New Energy / 星辰新能

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Vanadium flow batteries and AI energy storage platform

Shaoxing, ChinaFounded 2021Energy
Valuation $250–500M Last recorded · 2026
Total funding $100–500M Disclosed equity funding
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About Xingchen New Energy / 星辰新能

Xingchen New Energy (星辰新能, Zhejiang Xingchen New Energy Technology) is a Chinese energy storage company headquartered in Shaoxing, Zhejiang, that describes itself as an AI-plus-storage technology company with all-vanadium flow batteries as its specialty. Its business covers research, development and manufacturing of vanadium flow battery stacks and systems, lithium iron phosphate storage systems, and the investment, development, intelligent operation and electricity trading of storage power stations.

Its vanadium flow batteries are aimed at long-duration storage of four hours or more for grid-scale and commercial projects, where they offer larger capacity, higher safety and longer life than lithium batteries. The company has developed its own flow battery stack and a highly automated, largely unmanned flow-battery stack factory at its Shaoxing headquarters campus, with further manufacturing in Changzhou and an electrolyte production base planned in Xinjiang to secure vanadium supply. It has built benchmark projects in regions such as Xinjiang and Inner Mongolia and is developing hybrid storage stations that combine lithium iron phosphate with vanadium flow batteries in a trading-oriented architecture.

A self-developed AI engine runs through the whole life cycle of storage equipment, from development and testing to manufacturing, delivery and operation. It integrates stack, cell, battery management, power conversion and energy management data into a unified digital base and an AI energy management platform that supports multiple storage technologies, accepts wind, solar and charging resources, and coordinates dispatch and electricity trading across assets.

Xingchen sells storage systems, hybrid storage solutions and software-enabled investment and operation services to power generators, grid companies and industrial energy users deploying renewable and storage capacity in China. It positions itself as moving from an equipment maker to an integrated storage investor and operator in the long-duration and hybrid storage market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Shaoxing, China
Open positions
None listed
Dealroom signal
16.7/100
Industry
Energy
Sector
Energy
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Nov 2025 $41M $165M CITIC Securities · Long Capital ↗
EARLY VCOther financing Dec 2023 $0 — Minmetals Venture Capital · CRRC Capital Holding · State Power Investment Industrial Fund · China Economic Capital ↗
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Growth signals

Xingchen New Energy / 星辰新能 website traffic

Latest recorded traffic for Xingchen New Energy / 星辰新能 is 50 monthly website visits, down 87.8% over the last three months.

Latest monthly visits50 3-month web change-87.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Oceanpine Capital

Series A9 investors entered at this stage

  • Minmetals Venture Capital
  • CRRC Capital Holding
  • State Power Investment Industrial Fund
  • China Economic Capital
  • Changzhou Industrial Fund
  • Jiangsu Wujin High-tech Investment
  • Changzhou Science and Technology Venture Capital
  • CITIC Securities
  • Long Capital
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Shaoxing HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Xingchen New Energy / 星辰新能 on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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