When was Hithium founded?

Hithium was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Hithium located?

Hithium is headquartered in Xiamen, China.

How many employees does Hithium have?

As of Jun 30, 2026, the latest employee count at Hithium is 440.

Is Hithium a funded company?

Hithium is a funded company, having raised an undisclosed amount across 6 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Dec 27, 2019.

When was the latest funding round of Hithium?

Hithium's latest funding was a $***** Series C round on Jul 05, 2023, with participation from 9 investors.

Where does Hithium rank among its competitors?

Hithium ranks 29th amongst 706 active competitors, of which 76 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Base Power, which secured $1B in Aug, 2026.

Who are the top competitors of Hithium?

Hithium's top competitors include A123 Systems, Amperehour Solar Technology and Corvus Energy. Among them, Base Power secured the most recent funding round in August, 2026.

Hithium - 2026 Company Profile, Team, Funding & Competitors

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 706 active competitors, including 76 funded and 51 that have exited. Its top competitors include companies like A123 Systems, Amperehour Solar Technology and Corvus 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

Series C, Jul 05, 2023, $*****

Investors

China Life Insurance & 15 more

Ranked

29^th among 706 active competitors

Employee Count

440 as on Jun 30, 2026

Similar Companies

A123 Systems & 368 more

View Hithium's full profile

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 05, 2023	4011116	Series C	8694335	5725141	9238946	7626878
Oct 18, 2022	9505407	Series B	9207605	6426448	1370398	ABC International Holdings & 4 more
Jan 19, 2022	3978867	Series A	2191940	8857081	8161945	Cowin Capital

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View details of Hithium's funding rounds and investors

The 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 440 employees as of Jun 26. Here is Hithium's employee count trend over the years:

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Top competitors of Hithium include A123 Systems, Amperehour Solar Technology and Corvus Energy. Here is the list of Top 10 competitors of Hithium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Motorola Solutions & 19 others	76/100
2nd	Amperehour Solar Technology 2017, Pune (India), Series A	Provider of energy storage systems and energy management platform solutions	$7.45M	VHGB, Wellfound & 23 others	68/100
3rd	Corvus Energy 2009, Nesttun (Norway), Acquired	Developer of energy storage systems (ESS) based on lithium NMC technology	$88.3M	Morgan Stanley, Equinor & 11 others	66/100
4th	Farasis Energy 2002, Nanchang (China), Public	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$793M	Mercedes-Benz, China Venture Capital & 15 others	66/100
5th	Sonnen 2010, Wildpoldsried (Germany), Acquired	Developer of energy storage systems and smart energy solutions hardware	$180M	Shell, SET Ventures & 9 others	65/100
6th	Base Power 2023, Austin (United States), Series D	Provider of battery storage system	$2.5B	Addition, Valor Equity Partners & 24 others	64/100
7th	Microvast 2006, Stafford (United States), Public	Manufacturer of lithium-ion battery solutions for transportation, heavy equipment, and storage	$430M	IFC, Ashmore & 7 others	64/100
8th	Haven Energy 2022, Austin (United States), Series B	Online platform offering energy storage solutions	$51.2M	Giant Ventures, Lerer Hippeau & 10 others	64/100
9th	GridCARE 2024, Redwood City (United States), Series A	Provider of AI data center power solutions leveraging existing grid infrastructure	$77.5M	Temasek, Sutter Hill Ventures & 20 others	63/100
10th	FranklinWH 2019, San Jose (United States), Series B	Manufacturer of home energy management and battery storage solutions	$25M	Peak XV Partners, Particle Future & 3 others	63/100
29th	Hithium 2019, Xiamen (China), Series C	Manufacturer of battery energy storage systems for utility, commercial, and residential	-	China Life Insurance, China Construction Bank ... & 14 others	53/100