Financing Updates
Recently, Guangdong Lorenz Technology Co., Ltd. (hereinafter referred to as "Lorenz Technology") completed its Series B strategic financing, led by Shenzhen High-tech Investment Group. Following this round of financing, Lorenz Technology will further accelerate its development with the help of capital.
Founded in 2017 and headquartered in Shenzhen, Lorenz has established R&D bases and branches in Wuhan and Changsha, with a production site covering more than 10,000 square meters.
The company’s core management team is headed by the former General Manager of the Energy Product Line at ZTE Corporation, and consists of professionals with over ten years of industry experience. Among them, R&D personnel account for as high as 60%, boasting rich experience in industrial applications.
Following its initial rapid growth, the company has developed into a national high-tech enterprise with fully independent intellectual property rights, specializing in the R&D, production, and marketing of green and digital power supply products.
Its product portfolio includes green energy-saving solutions, digital energy storage solutions, 5G communication energy solutions, and intelligent manufacturing laser power solutions, providing global customers with stable and efficient end-to-end new energy solutions.
Since its launch, the company’s flagship product—the bidirectional inverter power supply—has been widely recognized by industrial users.
Its customers cover supply chain enterprises of internationally renowned companies such as CATL, BYD, and Sunwoda, including Hangke, Heneng, Titan, etc.
It also provides overall solutions for listed companies including Comba Telecom and Shenghong Electric.
In long-term and stable strategic cooperation, Lorenz takes innovation as the driving force and technology as the foundation for development, continuously providing customers with high-quality and innovative products to empower the rapid development of the new energy industry.
Published on August 22, 2021