Hithium - About the company
Hithium is a series C company based in Xiamen (China), founded in 2019 by Jason Wang. It operates as a Manufacturer of battery energy storage systems for utility, commercial, and residential. Hithium has raised an undisclosed amount in funding from China Life Insurance and Financial Street Capital Operation Center. The company has 618 active competitors, including 68 funded and 46 that have exited. Its top competitors include companies like A123 Systems, Sonnen and Farasis Energy.
Company Details
Manufacturer of battery energy storage systems for utility, commercial, and residential. The company provides integrated energy storage solutions using battery technology. These systems are designed for reducing power load and coupling with renewable power generation. The company's systems also adjust power frequency, providing energy utilization for various users. The company offers solutions for optimizing energy management and delivering backup power.
- Website
- hithium.com
- Email ID
- *****@hithium.com
Key Metrics
Founded Year
2019
Location
Xiamen, China
Stage
Series C
Latest Funding Round
Investors
Ranked
43rd among 618 active competitors
Employee Count
4 as on Jul 01, 2024
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Hithium's funding and investors
Hithium has raised funding over 6 rounds. Its first funding round was on Dec 27, 2019. Its latest funding round was a Series C round on Jul 05, 2023 for $*****. 9 investors participated in its latest round. Hithium has 16 institutional investors.
Here is the list of recent funding rounds of Hithium:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 05, 2023 | 5556504 | Series C | 3436985 | 2682964 | 2082063 | 3885149 |
Oct 18, 2022 | 2843772 | Series B | 3304903 | 3988887 | 8963997 | |
Jan 19, 2022 | 3156839 | Series A | 1406182 | 3783224 | 6275436 |
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Hithium's founders and board of directors
Founder? Claim ProfileThe founders of Hithium is Jason Wang.
Here are the details of Hithium's key team members:
- Jason Wang: Co-Founder of Hithium.
View details of Hithium's Founder profiles and Board Members
Hithium's employee count trend
Hithium has 4 employees as of Jul 24. Here is Hithium's employee count trend over the years:
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Hithium's Competitors and alternates
Top competitors of Hithium include A123 Systems, Sonnen and Farasis Energy. Here is the list of Top 10 competitors of Hithium, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591002989634.png?devicePixelRatio=2&height=30&width=30){kind=logo} A123 Systems 2001, Hangzhou (China), Public | Manufacturer of automotive lithium-ion batteries | $201M | 76/100 | |
2nd | Developer of energy storage systems and smart energy solutions hardware | $180M | 74/100 | ||
3rd |  Farasis Energy 2002, Nanchang (China), Public | Manufacturer of lithium-ion batteries for electric vehicles and energy storage | $793M | 69/100 | |
4th | Base Power 2023, Austin (United States), Series C | Provider of battery storage system | $1.3B | 67/100 | |
5th |  Amperehour Solar Technology 2017, Pune (India), Series A | Provider of energy storage systems and energy management platform solutions | $7.45M | 67/100 | |
6th |  Microvast 2006, Stafford (United States), Public | Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage | $430M | 65/100 | |
7th | Corvus Energy 2009, Nesttun (Norway), Acquired | Developer of energy storage systems (ESS) based on lithium NMC technology | $88.2M | 64/100 | |
8th | Manufacturer of energy storage products and electric vehicles with lithium batteries | $21.5M | 63/100 | ||
9th |  Haven Energy 2022, Austin (United States), Series B | Online platform offering energy storage solutions | $51.2M | 62/100 | |
10th | Cadenza Innovation 2016, Oxford (United States), Series A | Lithium-Ion-based battery system developers | $20.3M | 62/100 | |
43rd | Manufacturer of battery energy storage systems for utility, commercial, and residential | - | 49/100 |
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Hithium's Investments and acquisitions
Hithium has made no investments or acquisitions yet.
Reports related to Hithium
Here is the latest report on Hithium's sector:
News related to Hithium
Filter this listMedia has covered Hithium for a total of 50 events in the last 1 year, 36 of them have been about company updates and 4 about partnerships.
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Turbo Energy will supply Hithium with battery technologyExpansion•Apr 20, 2026•Hithium, Turbo Energy
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HiTHIUM pitches long-duration storage for an AI-powered energy era at InnoEXpv magazine•Apr 16, 2026•Hithium
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Hithium Commits to Invest €405 Million in Battery Plant in NavarraPressDigital•Apr 15, 2026•Hithium, Navarra
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European BESS integration with Chinese cells can be competitive, says Maxxen’s Ruben ValienteEnergy-Storage•Apr 09, 2026•Hithium, Maxxen
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Navarra Prepares to Deploy Battery Gigafactory with Chinese InvestmentRenewable Energy Magazine•Mar 11, 2026•Hithium
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HiTHIUM agrees 2-GWh battery storage buildout in Eastern EuropeRenewables Now•Feb 11, 2026•Hithium, KNESS
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HiTHIUM Ranks Top 2 Globally in 2025 Energy Storage Battery ShipmentsPR Newswire•Feb 10, 2026•Hithium
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