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Virtual Power Plant Firm Vpptech Bags Tens of Millions of Yuan in Pre-A Funds
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Virtual Power Plant Firm Vpptech Bags Tens of Millions of Yuan in Pre-A Funds

Aug 24, 2022
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Virtual Power Plant Firm Vpptech Bags Tens of Millions of Yuan in Pre-A Funds
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Virtual Power Plant Firm Vpptech Bags Tens of Millions of Yuan in Pre-A Funds
(Source: Vpptech)

Virtual power plant operations and technology provider Vpptech has completed a pre-A round of financing worth tens of millions of yuan, following a joint investment by Sequoia China Seed Fund and China Merchants Venture, as reported by Chinese media outlet 36Kr on August 24.

Under China’s goals of “carbon peaking and carbon neutrality,” …

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