Tech Company Financing Transactions
TSUN Funding Round
IDG Capital Partners joined a $150 million Series B funding round for TSUN. The financing round was announced by the company on 11/20/2023.
Transaction Overview
Company Name
Announced On
11/20/2023
Transaction Type
Online Capital
Amount
$150,000,000
Round
Series B
Investors
IDG Capital Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to enhance its capabilities in automated production lines, production capacity, and technological advancements in core products. The funds will also support supply chain development and the expansion of domestic and international business channels.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2nd Floor, Building 3, No. 2266, Taiyang Road, Xiangcheng Di
Suzhou, Undisclosed
China
Suzhou, Undisclosed
China
Phone
Website
Email Address
Overview
TSUN is an innovative High-Tech enterprise, with its German management background and quality assurance system, focusing on the R&D and sales of photovoltaic micro-inverters and energy storage solutions, and is committed to becoming the world's top brand providing the most efficient, highest ROI and safest solar solution to residential and commercial solar Installations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Anjia Liu
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