Svolt Energy Technology Company Limited announced that it has received CNY 10,280,000,000 in its series B round of funding led by new investor Bank of China Group Investment Limited on July 28, 2021. The transaction included participation from new investors National Fund for Technology Transfer and Commercialization, a fund managed by National Science and Technology Venture Capital Development Center, Investment Arm, Country Garden Venture Capital,Shenzhen Capital Group Co., Ltd.,CCB Investment.,IDG Capital Partners Co., Ltd.,Xiaomi Corporation, Oceanpine Capital Limited, SANY Group Co., Ltd.,China Renaissance Securities (Hong Kong) Limited, Investment Arm among other and returning investors SDIC Venture Capital Management Co., Ltd., JZ Capital Partners Limited, a fund managed by Jordan/Zalaznick Advisers, Inc..