When was Hanwha founded?

Hanwha was founded in 1952 and raised its 1st funding round 41 years after it was founded.

Where is Hanwha located?

Hanwha is headquartered in Seoul, South Korea. It is registered at 377, บางเสาธง, บางเสาธง, สมุทรปราการ.

How many employees does Hanwha have?

As of Apr 30, 2026, the latest employee count at Hanwha is 665.

Is Hanwha a funded company?

Hanwha is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 1993.

When was the latest funding round of Hanwha?

Hanwha's latest funding was a $***** Conventional Debt round on Apr 17, 2018, with participation from 0 investor.

Where does Hanwha rank among its competitors?

Hanwha ranks 1st amongst 371 active competitors, of which 17 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Otovo, which secured $14M in Mar, 2026.

Who are the top competitors of Hanwha?

Hanwha's top competitors include Astronergy, SINTEF and Pennar. Among them, Otovo secured the most recent funding round in March, 2026.

Hanwha - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Manufacturer of solar cells, modules, and other related components. It provides is involved in the production of explosives for the defense and construction industries, automotive airbag inflators, telecommunication equipment, and financial services. It also manufacturers and suppliers of petrochemical products. In 2022, the company recorded annual revenues of $48.2B and a net profit of $1.02B.

Website: www.hanwha.com/
Social
Phone Number: +82 **********
Registered Address: 377, บางเสาธง, บางเสาธง, สมุทรปราการ

Key Metrics

Founded Year

1952

Location

Seoul, South Korea

Stage

Public

Latest Funding Round

Conventional Debt, Apr 17, 2018, $*****

Investors

SJL Partners & 2 more

Ranked

1^st among 371 active competitors

Employee Count

665 as on Apr 30, 2026

Investment & Acquisitions

Panthalassa & 84 more

Similar Companies

Astronergy & 419 more

Exit Details

Public

View Hanwha's full profile

Hanwha is associated with 10 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HANWHA CHEMICAL (THAILAND) CO., LTD. CIN: 0105532073430 , Thailand, Active	Aug 09, 1989	$25.1M (As on Dec 31, 2023)	-
HANWHA INTERNATIONAL, LLC CIN: 32056139309 , United States, Active	Jan 15, 2015	-	-	-
Hanwha Q Cells GmbH CIN: 0745.694.725 , Belgium, Active	Jan 01, 2020	-	-	-
HANWHA ENERGY AUSTRALIA PTY LTD CIN: 624193068 , Australia, Active	Feb 01, 2018	-	-	-
HANWHA CHEMICAL INDIA PRIVATE LIMITED CIN: U24100DL2014PTC268510 , India, Active	Jul 02, 2014	$648K (As on Mar 31, 2025)	6 (As on Oct 31, 2024)
HANWHA ENERGY RETAIL AUSTRALIA PTY LTD CIN: 630397214 , Australia, Active	Dec 03, 2018	-	-	-
HANWHA ASSET MANAGEMENT (USA) LTD. CIN: 3217446 , United States, Active	Jun 10, 2005	-	-	-
HANWHA INTERNATIONAL INDIA PRIVATE LIMITED CIN: U74999MH2013PTC250301 , India, Active	Nov 22, 2013	$1.64M (As on Mar 31, 2025)	-
HANWHA GENERAL CHEMICAL SG PTE. LTD. CIN: 201838484C , Singapore, Active	Nov 12, 2018	-	-
Hanwha Europe GmbH CIN: M1201_HRB30046 , Germany, Active		-	-

Hanwha got listed on Nov 13, 2019.

Click here to take a look at Hanwha's IPO in detail

Hanwha has raised funding over 2 rounds. Its first funding round was on 1993. Hanwha has 3 institutional investors.

Here is the list of recent funding rounds of Hanwha:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 17, 2018	2306735	Conventional Debt	1721966	3541825	6859692	9066272
1993	4486	PE	3884	4905	4496	Everbright Group

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View details of Hanwha's funding rounds and investors

The founders of Hanwha is Chong Hee Kim. Sungsoo Lee is the CEO of Hanwha.

Here are the details of Hanwha's key team members:

Chong Hee Kim: Founder of Hanwha.
Contact Info: 1 email address
Sungsoo Lee: CEO of Hanwha.

View details of Hanwha's Founder profiles and Board Members

Hanwha's employee count trend

Hanwha has 665 employees as of Apr 26. Here is Hanwha's employee count trend over the years:

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Top competitors of Hanwha include Astronergy, SINTEF and Pennar. Here is the list of Top 10 competitors of Hanwha, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hanwha 1952, Seoul (South Korea), Public	Manufacturer of solar cells, modules, and other related components	-	SJL Partners, STIC Investments & 1 others	63/100
2nd	Astronergy 2006, Haining (China), Series C	Manufacturer of solar PV modules	$328M	China Life Insurance, Guangzhou Yuexiu Industrial Investment Fund Management ... & 12 others	58/100
3rd	SINTEF 1950, Trondheim (Norway), Public	Provider of applied research, technology, and innovation services across multiple sectors	-	Europa	58/100
4th	Pennar 1988, Hyderabad (India), Public	Manufacturer of precision-engineered products and building solutions	-	Elevation Capital, Investor Growth Capital ... & 1 others	55/100
5th	JA Solar 2005, Shanghai (China), Public	Provider of solar photovoltaic module components	-	China Minsheng Bank, Finance Comment & 1 others	55/100
6th	Karamtara 1996, Mumbai (India), Funding Raised	Integrated manufacturer of products for renewable energy and transmission lines sectors	-	Inderjeet Tanveer Singh Trust, Inderjeet Rajiv Shingh Trust ... & 1 others	54/100
7th	Otovo 2016, Oslo (Norway), Public	Marketplace for residential solar panels	-	Axel Johnson, EIC Rose Rock & 7 others	53/100
8th	GCL Technology Holdings 2006, Suzhou (China), Public	Manufacturer of poly silicon and wafers products	$710M	Trustbridge Partners, Infini Capital Management ... & 8 others	51/100
9th	Holosolis 2022, Paris (France), Series A	Manufacturer of solar PV modules	$255M	Heraeus Group, Armor-Group & 5 others	50/100
10th	Redren Energy 2005, Morbi (India), Unfunded	Manufacturer of solar PV modules and solar water heaters	-	-	48/100

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Hanwha has made 63 investments in companies including Panthalassa and RLWRLD. Hanwha has also acquired 22 companies including Lippo General Insurance and Austal.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 04, 2026	Investments	Panthalassa	2016	Portland (United States)
Feb 26, 2026	Investments	RLWRLD	2024	Seoul (South Korea)
Dec 30, 2025	Acquisition	Lippo General Insurance	1963	Jakarta (Indonesia)