Singularity Energy completes RMB 300 million Series C financing, becoming a leading company in the energy storage industry

On December 29, 2023, Xi'an Singularity Energy Co., Ltd. announced the successful completion of its Series C financing, with a total financing amount of 300 million yuan. Founded in 2018, Singularity Energy is committed to the technical research and product development of core equipment in advanced energy storage systems. The company has become a leader in the energy storage industry with its independently developed 3S control and protection integrated distributed intelligent energy storage system. At present, the company has formed the research and development, manufacturing and intelligent operation and maintenance capabilities of battery PACK, BMS, PCS, EMS and integrated energy storage products eBlock, realizing the transition of energy storage from engineering to productization, and is the first in the industry to provide customers with standardized energy storage products.