# Sunwoda Electric Vehicle Battery funding: rounds and investors

> Sunwoda Electric Vehicle Battery has raised $230M across 1 round since 2023. Investors include Shenzhen Capital Group Co. and Source Code Capital.

Source: https://millionrounds.com/company/sunwoda-electric-vehicle-battery (Millionrounds; every figure on the page links to its filing or article)

[Series B startup](https://millionrounds.com/companies)

# Who invested in *Sunwoda Electric Vehicle Battery*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Valuation: $5.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$230M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series B, $230M Jun 2023
- **Investors:** 2

See who backed them

## The rounds

- **Jun 2023** Series B **$230M** [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) [Source Code Capital](https://millionrounds.com/fund/source-code-capital) Source recorded

## Everyone who backed them

[Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) Government **1** round

[Source Code Capital](https://millionrounds.com/fund/source-code-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sunwoda-electric-vehicle-battery).

## Quick answers about Sunwoda Electric Vehicle Battery

### Who invested in Sunwoda Electric Vehicle Battery?

Sunwoda Electric Vehicle Battery's investors include Shenzhen Capital Group Co. and Source Code Capital.

### How much has Sunwoda Electric Vehicle Battery raised?

Sunwoda Electric Vehicle Battery has raised $230M across 1 round since 2023.

### When did Sunwoda Electric Vehicle Battery last raise?

Sunwoda Electric Vehicle Battery's most recent round was a Series B of $230M in Jun 2023.

### What was Sunwoda Electric Vehicle Battery's biggest round?

Its most recent round, $230M in Jun 2023, is also its largest on record.

### Who backed Sunwoda Electric Vehicle Battery first?

Sunwoda Electric Vehicle Battery's first round on record, in Jun 2023, was backed by Shenzhen Capital Group Co. and Source Code Capital.

### What stage is Sunwoda Electric Vehicle Battery at?

Sunwoda Electric Vehicle Battery's latest named round is a Series B, in Jun 2023.

## Companies like Sunwoda Electric Vehicle Battery

In the same sector, and raised in the last eighteen months.

[**os.energy** $1.2M · Aug 2026](https://millionrounds.com/company/os-energy)[**CleanMax** $165M · Feb 2026](https://millionrounds.com/company/cleanmax)[**Radiance Renewables** $100M · Feb 2026](https://millionrounds.com/company/radiance-renewables)[**Turno** $4.7M · Feb 2026](https://millionrounds.com/company/turno)[**e-TRNL Energy** $3.0M · Feb 2026](https://millionrounds.com/company/e-trnl-energy)[**PolyCycl** $2.9M · Jan 2026](https://millionrounds.com/company/polycycl)

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