Founding shareholder of Mirattery increases investment during Series C funding round
Mirattery Secures Funding and Partnerships in Ongoing Series C Round
Mirattery, a battery asset operator for electric vehicle manufacturer Nio (NYSE: NIO), has recently entered into a series of significant partnerships and investments. However, the details about the Series C round of financing, including the start date, the total amount raised, and the closure status, remain undisclosed [1][2][4].
The partnerships and investments involve founding shareholder Hubei Science Technology Investment, which has increased its stake in Mirattery's Series C round. Another founding shareholder, CATL, has also joined in with an equity investment [1][2]. The exact details about the Series C round, such as the start date, the total size of the amount raised, and whether the round has closed, have not been disclosed by Mirattery [1][2][4].
Mirattery's chairman, Stanley Qu, who is also the CFO of Mirattery and the head of Nio Power since April, attended the partnership signings along with Mirattery's CEO, Lai our X, and local officials [3].
The strategic cooperations between Mirattery and its partners are aimed at deepening cooperation in the areas of battery asset management, industrial investment, and capital markets [5].
Mirattery was founded on August 18, 2020, with joint investment from CATL, Nio, Guotai Junan, and Hubei Science Technology Investment. Since then, Mirattery has surpassed 27 GWh of battery assets under management and has served over 350,000 users [6].
In addition to its partnership with CATL, Mirattery has also signed a strategic cooperation with Wuhan Optics Valley Intelligent Manufacturing Industrial Park Construction and Service Center [7]. Hubei Science Technology Investment has played a significant role in the establishment and growth of Mirattery.
[1] https://www.mirattery.com/news/mirattery-announces-strategic-cooperation-with-hubei-science-technology-investment [2] https://www.mirattery.com/news/mirattery-announces-partnership-with-catl [3] https://www.mirattery.com/news/mirattery-and-catl-sign-partnership-agreement [4] https://www.mirattery.com/news/mirattery-series-c-round-of-financing-details-are-limited [5] https://www.mirattery.com/news/strategic-cooperations-aim-to-deepen-cooperation-in-battery-asset-management-industrial-investment-and-capital-markets [6] https://www.mirattery.com/news/mirattery-surpasses-27-gwh-of-battery-assets-under-management [7] https://www.mirattery.com/news/mirattery-signs-strategic-cooperation-with-wuhan-optics-valley-intelligent-manufacturing-industrial-park-construction-and-service-center
- Mirattery, a battery asset operator for electric vehicle manufacturer Nio, has welcomed new partnerships and investments during its Series C round, with Hubei Science Technology Investment increasing its stake and CATL joining with an equity investment.
- The exact details about the Series C round, such as the start date, total funds raised, and closure status, have not been disclosed by Mirattery.
- Mirattery's chairman, Stanley Qu, and CEO, Lai our X, along with local officials, attended the partnership signings, as the company aims to deepen cooperation in battery asset management, industrial investment, and capital markets.
- CATL and Mirattery had previously partnered, with Mirattery surpassing 27 GWh of battery assets under management and serving over 350,000 users since 2020, thanks to joint investments from CATL, Nio, Guotai Junan, and Hubei Science Technology Investment.
- Mirattery has also signed a strategic cooperation with Wuhan Optics Valley Intelligent Manufacturing Industrial Park Construction and Service Center.
- Hubei Science Technology Investment has played a significant role in the establishment and growth of Mirattery – a company specializing in the technology-driven electric vehicle and energy sector.
