Smart Energy Firm Circue Bags Tens of Millions of Yuan in Round-A Funds
On August 15, Beijing-based Circue announced that it has completed round-A financing worth tens of millions of yuan. The investment was jointly led by Y&R Capital, KYLinhall Partners and China Capital Management Co., Ltd., followed by AMT Capital and exisiting shareholder BlueRun Ventures. This round of funds will be mainly used for product upgrades, market expansion and recruitment.
Founded in 2019, Circue is focused on building an intelligent battery infrastructure platform. Its products can be applied to smart energy infrastructure and intelligent battery detection and recycling. It provides intelligent operations and maintenance services and one-stop solutions in new infrastructure scenarios such as battery charging and energy storage. In the field of battery cascade utilization and recycling, it supports intelligent battery detection, valuation and transaction service solutions.
Circue adheres to a technology-driven approach, and it has built large-scale pre-training model PERB1.0 for battery time series data. The model uses more than 50GWh battery data training and can cover almost all battery types and complete most battery timing tasks. This can effectively solve the long-term accurate prediction problem of any battery type state that traditional BMS cannot solve, and is the core technology of battery intelligent infrastructure.
SEE ALSO: Cloud Rendering Tech Firm RaysEngine Completes Pre-A Round Financing
Circue has carried out cooperation with more than 100 new energy console engine factories, battery manufacturers, charging operators and other partners such as Shell, TotalEnergies, BAIC Bluepark and Farasis Energy.
Circue has also made important progress in battery internal sensor technology. Advanced battery sensing technology will fundamentally change the traditional “try-test” battery R&D methods, forming a brand-new battery research and development paradigm driven by “sensor + data + AI,” and greatly accelerating R&D efficiency.
