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- Aulton New Energy
Aulton New Energy Valuation, Funding & Investors
Aulton New Energy is valued at $1B as of September 2021.
Last Aulton New Energy valuation
$1B
Series B · Sep 2021
Last Aulton New Energy funding round
$232M
Series B · Sep 2021
Cumulative funding Aulton New Energy raised
$233M
across 2 funding rounds
Key investors in Aulton New Energy
Korea Investment Partners
NIO Capital
Guangzhou Finance Holdings
CY Capital
Yueshang Chuangtou
Spring Sun Capital
About Aulton New Energy
Aulton New Energy is a China-based operator of electric-vehicle battery-swapping infrastructure. Founded in 2016, the company runs a network of battery exchange stations across roughly 20 to 30 Chinese cities, including Beijing, Shanghai, and Guangzhou, with expansion into Germany and Poland, and has secured nearly 3,000 global patents for its 20-second battery-swapping technology. Beyond vehicle charging, its platform supports energy storage, grid adjustment, and battery cascade utilization applications aligned with China's carbon-neutrality goals.
Founded
2000
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$1B (Sep 2021)
Aulton New Energy Valuation
Aulton New Energy is currently valued at $1B, based on its Series B in September 2021.
The $232M round was led by Enze Fund and Guangzhou Finance Holdings, with participation from Spring Sun Capital, Korea Investment Partners, CY Capital and Yueshang Chuangtou.
Aulton New Energy valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2021 | Series B | $1B |
Aulton New Energy Funding History
Aulton New Energy has raised a total of $233M across 2 funding rounds.
Aulton New Energy's first fundraising round was a $500K angel round in May 2018. The most recent completed round was a $232M Series B in September 2021.
Aulton New Energy funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2021 | Series B | Enze Fund (lead); Guangzhou Finance Holdings (lead); Spring Sun Capital; Korea Investment Partners; CY Capital; Yueshang Chuangtou | $232M | $1B | Aulton New Energy is a China-based battery-swapping network operator that provides an EV battery management platform, including a network of battery exchange stations across about 20-30 cities in China such as Beijing, Shanghai, Guangzhou, and others, with expansion to Germany and Poland. The company offers 20-second battery swapping technology, optical fiber-enabled temperature measurement, and has secured nearly 3,000 global patents. Its business aligns with China's carbon peaking and neutrality goals, enabling energy storage, green energy applications, grid adjustment, and battery cascade utilization. On approximately September 28-29, 2021, Aulton raised RMB1.5 billion ($232 million) in a Series B round co-led by Enze Fund (Sinopec Capital) and Guangzhou Finance Holdings (with Guangzhou GET Investment Holdings), joined by CY Capital, Korea Investment Partners (China), Guangdong Merchant Venture Capital, among others matching the query investors. This brought total funding to about $541 million since 2016 founding. The round elevated Aulton's post-money valuation above $1 billion, achieving unicorn status. Prior investors include Nio Capital (Series A), BAIC BJEV, and SoftBank's SB Energy (August 2020 strategic investment). Aulton reported roughly 50,000 registered users on its battery swapping platform. The company plans global deployment and integration with renewable energy, as highlighted in partnerships like with SoftBank Energy. |
| May 2018 | Angel | NIO Capital (lead) | $500K | - | - |
Who has invested in Aulton New Energy?
7 investors have backed Aulton New Energy across its funding rounds, including Korea Investment Partners, NIO Capital, Guangzhou Finance Holdings, CY Capital, Yueshang Chuangtou and Spring Sun Capital.
Lead investors include Enze Fund, Guangzhou Finance Holdings and NIO Capital.
Aulton New Energy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Lead | Sep 2021 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Lead | May 2018 | ||
This data is available for Pro users. Sign up to see all 7 Aulton New Energy investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Aulton New Energy
Aulton New Energy has invested in 1 company to date.
Latest investment by Aulton New Energy was on June 27th 2017. Aulton New Energy invested in EN+ in their $3M Series B round.
Latest Investments by Aulton New Energy
| Description | EN+ is a supplier of EV charging infrastructure including chargers, power modules, and software platforms for e-mobility. The company equips sites with OPPD-compliant charge points and stations for public and private use. Based in China, EN+ supports fleet operators and urban deployments with integrated solutions for charging networks and energy management. |
| HQ Country | |
| HQ City | Shenzhen |
| Deal Date | 27 Jun 2017 |
| Round | Series B |
| Raised | $3M |
| Investors | Aodong Touzi |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Aulton New Energy investments and their VC round multiples. Start Free Trial | |
Aulton New Energy Competitors
Aulton New Energy competitors include listed companies like Fastned, ChargePoint and EVgo, and private ones like AMPECO, ACT Group and Hero Future Energies.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $160M | $17M | $1.9B | 11.1x | ||
| Publicly listed | $411M | ($170M) | $266M | 1.0x | ||
| Publicly listed | $384M | ($18M) | $209M | 2.1x | ||
| Private | - | - | $65M | - | ||
| Private | - | - | $1B | - | ||
| Private | $130M | $45M | $1B | - |
Aulton New Energy Public Comps
Aulton New Energy is still privately-owned, but its public comps include Grupo TSK, Fugro, Total Energy Services, JANAF, ProFrac, Tetra Technologies, Exmar, Polenergia, Fluence Energy and Dor Alon Energy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.2B | $52M | 0.6x | - | 12.8x | - | |||
| $2.1B | $164M | 0.8x | 0.8x | 9.8x | 5.3x | |||
| $763M | $140M | 1.2x | 1.0x | 6.7x | 5.7x | |||
| $137M | $74M | 6.3x | - | 11.6x | - | |||
| $1.9B | $187M | 1.2x | 1.2x | 12.3x | 8.3x | |||
| $631M | $76M | 1.6x | 1.5x | 12.9x | 8.9x | |||
| $248M | $118M | 5.1x | - | 10.7x | - | |||
| $1.1B | $75M | 1.5x | 1.6x | 21.8x | 12.6x | |||
This data is available for Pro users. Sign up to see all Aulton New Energy competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Aulton New Energy
| When was Aulton New Energy founded? | Aulton New Energy was founded in 2000. |
| Where is Aulton New Energy headquartered? | Aulton New Energy is headquartered in China. |
| Is Aulton New Energy publicly listed? | No, Aulton New Energy is a private, VC-backed company. |
| What is Aulton New Energy's valuation? | Aulton New Energy was last valued at $1B in its Series B in September 2021. |
| How much funding has Aulton New Energy raised? | Aulton New Energy has raised $233M across 2 funding rounds. |
| What was Aulton New Energy's last funding round? | Aulton New Energy's last funding round was a $232M Series B in September 2021, led by Enze Fund and Guangzhou Finance Holdings. |
| Who are Aulton New Energy's investors? | Aulton New Energy's investors include Guangzhou Finance Holdings, Spring Sun Capital, Enze Fund, Korea Investment Partners, NIO Capital, CY Capital and Yueshang Chuangtou. |
| Which companies are comparable to Aulton New Energy? | Companies comparable to Aulton New Energy include Fastned, ChargePoint, EVgo, AMPECO, ACT Group and Hero Future Energies. |
| How many companies has Aulton New Energy invested in? | Aulton New Energy has invested in 1 company, including EN+. |
| What was Aulton New Energy's last investment? | In June 2017, Aulton New Energy invested in EN+'s $3M Series B alongside Aodong Touzi. |
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