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Farasis Energy
company
About
Farasis Energy is a renewable energy company that develops and manufactures lithium ion battery energy storage systems.
- 1001 - 5000
Details
- Last Funding Type
- Corporate Round
- Last Funding Money Raised
- $480M
- Industries
- Battery,Energy Storage,Manufacturing
- Founded date
- Jan 1, 2002
- Number Of Employee
- 1001 - 5000
- Operating Status
- Active
Farasis Energy develops and manufactures advanced lithium ion battery energy storage systems for the emerging transportation, grid, and commercial markets.Its products can be applied in a range of markets, including transportation, electric grid, and commercial and industrial vehicles. Farasis' mission is to commercialize world leading battery systems to enable a revolution in energy efficiency addressing the rapidly changing transportation, consumer electronics and power distribution markets.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
3
$1.27B ¥3.25B
Farasis Energy has raised a total of
$1.27B ¥3.25B
in funding over 2 rounds. Their latest funding was raised on
Nov 9, 2022 from a Post-IPO Equity round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 9, 2022 | Post-IPO Equity | ¥3.25B | 1 | — | — | Detail |
| May 26, 2020 | Corporate Round | $480M | 1 |
Mercedes-Benz Group AG
|
— | Detail |
| Feb 9, 2018 | Series C | $790M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
Farasis Energy is funded by 3 investors.
Mercedes-Benz Group AG
and Guangzhou Industrial Control
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Mercedes-Benz Group AG
|
Yes | Corporate Round |
|
|
— | Post-IPO Equity |
|
|
— | Series C |
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