When was Sunwoda Electronic founded?

Sunwoda Electronic was founded in 1997 and raised its 1st funding round 25 years after it was founded.

Where is Sunwoda Electronic located?

Sunwoda Electronic is headquartered in Shenzhen, China. It is registered at D-228, OPP. DAINIK JAGRAN, SECTOR-63, Gautam Buddha Nagar, NOIDA, Uttar Pradesh, India, 201301.

How many employees does Sunwoda Electronic have?

As of Aug 31, 2026, the latest employee count at Sunwoda Electronic is 208.

Is Sunwoda Electronic a funded company?

Sunwoda Electronic is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Feb 01, 2022.

When was the latest funding round of Sunwoda Electronic?

Sunwoda Electronic's latest funding was a $***** Post IPO round on Jun 28, 2023, with participation from 2 investors.

What is the annual revenue of Sunwoda Electronic?

Annual revenue of Sunwoda Electronic is more than ₹1,000 Cr as on Mar 31, 2025

Where does Sunwoda Electronic rank among its competitors?

Sunwoda Electronic ranks 3rd amongst 1341 active competitors, of which 132 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Emo Energy, which secured $6.2M in May, 2026.

Who are the top competitors of Sunwoda Electronic?

Sunwoda Electronic's top competitors include QuantumScape, Amprius Technologies and 24m Technologies. Among them, Emo Energy secured the most recent funding round in May, 2026.

Sunwoda Electronic - 2026 Company Profile, Team, Funding, Competitors & Financials

Sunwoda Electronic is a public company based in Shenzhen (China), founded in 1997 by Wang Mingwang and Wang Wei. It operates as a Manufacturer of lithium-ion batteries, energy storage systems, and related hardware. Sunwoda Electronic has raised an undisclosed amount in funding. The company has 1341 active competitors, including 132 funded and 93 that have exited. Its top competitors include companies like QuantumScape, Amprius Technologies and 24m Technologies.

Company Details

Manufacturer of lithium-ion batteries, energy storage systems, and related hardware. The company provides batteries for consumer products, electric vehicles, and energy storage. It offers energy services and develops smart hardware. The business also focuses on sustainable development practices throughout its operations.

Website: www.sunwoda.com
Email ID: *****@sunwoda.com
Phone Number: +86 **********
Registered Address: D-228, OPP. DAINIK JAGRAN, SECTOR-63, Gautam Buddha Nagar, NOIDA, Uttar Pradesh, India, 201301

Key Metrics

Founded Year

1997

Location

Shenzhen, China

Stage

Public

Latest Funding Round

Post IPO, Jun 28, 2023, $*****

Investors

Broad Vision Funds & 9 more

Ranked

3^rd among 1341 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

208 as on Aug 31, 2026

Investment & Acquisitions

AmagicTech & 7 more

Similar Companies

24m Technologies & 1442 more

Exit Details

Public

View Sunwoda Electronic's full profile

Sunwoda Electronic is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SUNWODA ELECTRONIC INDIA PRIVATE LIMITED CIN: U74999UP2016PTC088215 , India, Active	Dec 08, 2016	₹1,000+ Cr (As on Mar 31, 2025)	626 (As on Feb 01, 2026)

Sunwoda Electronic got listed on Apr 22, 2011.

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

Sunwoda Electronic has raised funding over 3 rounds. Its first funding round was on Feb 01, 2022. Its latest funding round was a Post IPO round on Jun 28, 2023 for $*****. 2 investors participated in its latest round. Sunwoda Electronic has 10 institutional investors.

Here is the list of recent funding rounds of Sunwoda Electronic:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2023	9005487	Post IPO	5047438	8631362	7753261	6257180
Aug 17, 2022	2379301	Post IPO	2629284	3191690	5698632	Shenzhen Capital Group & 4 more
Feb 01, 2022	6851020	Post IPO	7888389	9632466	9395293	Shenzhen Capital Group

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The founders of Sunwoda Electronic are Wang Mingwang and Wang Wei.

Here are the details of Sunwoda Electronic's key team members:

Wang Mingwang: Co-Founder of Sunwoda Electronic and founder of 1 other company.
Wang Wei: Co-Founder of Sunwoda Electronic and founder of 1 other company.

View details of Sunwoda Electronic's Founder profiles and Board Members

Sunwoda Electronic's employee count trend

Sunwoda Electronic has 208 employees as of Aug 26. Here is Sunwoda Electronic's employee count trend over the years:

Employee count trend for Sunwoda Electronic

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Top competitors of Sunwoda Electronic include QuantumScape, Amprius Technologies and 24m Technologies. Here is the list of Top 10 competitors of Sunwoda Electronic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
2nd	Amprius Technologies 2009, Fremont (United States), Public	Developer of silicon nano-wire-based Li-Ion batteries	$55M	Kleiner Perkins, Airbus Official & 19 others	72/100
3rd	Sunwoda Electronic 1997, Shenzhen (China), Public	Manufacturer of lithium-ion batteries, energy storage systems, and related hardware	-	Broad Vision Funds, Cygnus Equity & 8 others	71/100
4th	24m Technologies 2010, Cambridge (United States), Series H	Developer of battery technology for electric vehicles and energy storage	$500M	ITOCHU, North Bridge Venture Partners & 20 others	69/100
5th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
6th	InoBat 2019, Bratislava (Slovakia), Series B	Developer of battery solutions for energy security and sustainable e-mobility	$148M	Rio Tinto, IPM Group & 9 others	68/100
7th	Verkor 2020, Grenoble (France), Series C	Manufacturer of lithium ion battery cells for electric vehicle mobility	$1.34B	Renault, EQT & 37 others	68/100
8th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 49 others	67/100
9th	Enovix 2006, Fremont (United States), Public	Battery cells developer for lithium-ion batteries	$220M	DCM Ventures, Sofinnova Investments & 11 others	65/100
10th	ACC 2020, Bruges (France), Series D	Manufacturer of lithium-ion battery cells and modules for electric four-wheelers	$1.2B	Mercedes-Benz, Bundesministerium fur Wirtschaft und Klimaschutz ... & 8 others	65/100

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Sunwoda Electronic has not made any acquisitions yet. Sunwoda Electronic has made 8 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 07, 2026	Investments	AmagicTech	2013	Hangzhou (China)
Jun 14, 2023	Investments	Polybi New Energy Technology	2022	Shanghai (China)
Apr 11, 2022	Investments	Yuanding	2014	Shenzhen (China)

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Here is the latest report on Sunwoda Electronic's sector:

Free

Energy Storage Tech - Sector Report

Edition: August, 2026 (89 Pages)

View all reports related to Sunwoda Electronic

Media has covered Sunwoda Electronic for a total of 21 events in the last 1 year, 13 of them have been about company updates and 1 about partnerships.