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 Sep 30, 2026, the latest employee count at Hanwha is 660.

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.

What is the annual revenue of Hanwha?

Annual revenue of Hanwha is between $10M and $50M as on Dec 31, 2025

Where does Hanwha rank among its competitors?

Hanwha ranks 3rd amongst 375 active competitors, of which 18 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Otovo, which secured $3M in Oct, 2026.

Who are the top competitors of Hanwha?

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

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

Hanwha is a public company based in Seoul (South Korea), founded in 1952 by Chong Hee Kim. It operates as a Manufacturer of solar cells, modules, and other related components. Hanwha has raised an undisclosed amount in funding. The company has 375 active competitors, including 18 funded and 29 that have exited. Its top competitors include companies like Astronergy, SINTEF and Otovo.

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

3^rd among 375 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2025

Employee Count

660 as on Sep 30, 2026

Investment & Acquisitions

Furiosa & 86 more

Similar Companies

Astronergy & 423 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	Reports
Hanwha Q Cells GmbH CIN: 0745.694.725 , Belgium, Active	Jan 01, 2020	-	-	-
HANWHA INTERNATIONAL, LLC CIN: 32056139309 , United States, Active	Jan 15, 2015	-	-	-
Hanwha Europe GmbH CIN: M1201_HRB30046 , Germany, Active		-	-
HANWHA ASSET MANAGEMENT (USA) LTD. CIN: 3217446 , United States, Active	Jun 10, 2005	-	-	-
HANWHA ENERGY RETAIL AUSTRALIA PTY LTD CIN: 630397214 , Australia, Active	Dec 03, 2018	-	-
HANWHA ENERGY AUSTRALIA PTY LTD CIN: 624193068 , Australia, Active	Feb 01, 2018	-	-
HANWHA CHEMICAL (THAILAND) CO., LTD. CIN: 0105532073430 , Thailand, Active	Aug 09, 1989	$10M - $50M (As on Dec 31, 2025)	-
HANWHA GENERAL CHEMICAL SG PTE. LTD. UEN: 201838484C , Singapore, Active	Nov 13, 2018	-	-
HANWHA INTERNATIONAL INDIA PRIVATE LIMITED CIN: U74999MH2013PTC250301 , India, Active	Nov 22, 2013	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
HANWHA CHEMICAL INDIA PRIVATE LIMITED CIN: U24100DL2014PTC268510 , India, Active	Jul 02, 2014	0 - ₹10 Cr (As on Mar 31, 2026)	6 (As on Oct 31, 2024)

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	1754783	Conventional Debt	7791608	8516910	8777589	2827449
1993	1512	PE	4285	3181	9202	Everbright Group

Access funding benchmarks and valuations. Sign up today!

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 660 employees as of Sep 26. Here is Hanwha's employee count trend over the years:

Uncover Hanwha's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Hanwha include Astronergy, SINTEF and Otovo. 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	Astronergy 2006, Haining (China), Series C	Manufacturer of high efficiency crystalline silicon photovoltaic cells and modules	$328M	China Life Insurance, Bank of Communications ... & 12 others	60/100
2nd	SINTEF 1950, Trondheim (Norway), Public	Provider of applied research, technology, and innovation services across multiple sectors	-	Europa	58/100
3rd	Hanwha 1952, Seoul (South Korea), Public	Manufacturer of solar cells, modules, and other related components	-	SJL Partners, STIC Investments & 1 others	58/100
4th	Otovo 2016, Oslo (Norway), Public	Marketplace for residential solar panels	-	Axel Johnson, EIC Rose Rock & 7 others	54/100
5th	GCL Technology Holdings 2006, Suzhou (China), Public	Manufacturer of poly silicon and wafers products	$710M	Trustbridge Partners, Infini Capital Management ... & 8 others	51/100
6th	Holosolis 2022, Paris (France), Series A	Manufacturer of photovoltaic cells and modules for renewable energy production	$255M	Heraeus Group, Armor-Group & 5 others	50/100
7th	JA Solar 2005, Shanghai (China), Public	Provider of solar photovoltaic module components	-	KAILAI Investments, China Minsheng Bank & 1 others	48/100
8th	Redren Energy 2005, Morbi (India), Unfunded	Manufacturer of solar PV modules and solar water heaters	-	-	48/100
9th	Vishakha 2012, Ahmedabad (India), Unfunded	Multinational conglomerate operating across six industry verticals, including flexible packaging, industrial material handling, solar renewables, drip irrigation and pipes	-	-	48/100
10th	HIUV 2009, Shanghai (China), Funding Raised	Manufacturers of encapsulating films for PV modules	-	Yixing Capital, Cowin Capital & 3 others	46/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Hanwha's competitors? Click here to see the top ones

Hanwha has made 66 investments in companies including Furiosa and Flexell Space. Hanwha has also acquired 21 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
Oct 29, 2026	Investments	Furiosa	2017	Seoul (South Korea)
Jul 13, 2026	Investments	Flexell Space	2023	Seongnam-si (South Korea)
May 04, 2026	Investments	Panthalassa	2016	Portland (United States)