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BSL Battery - Industrial raised $21 million in a Series A funding round to expand its cloud platform for AI-based energy management for batteries and to increase sales and expand distribution.

Jul 10, 2024•over 1 year ago

Amount Raised

$21 Million

Round Type

series a

HuizhouRenewable EnergyManufacturing

Description

BSL Battery - Industrial, a recognized leader in lithium-ion forklift batteries, closed its first round of funding at $21 million to expand its cloud platform for AI-based energy management for batteries and to increase sales and expand distribution. The funding will enable the company to fund new product technology innovation and product UL2580 certification, with a focus on reducing worker safety risks in cost-sensitive warehouse operations.

Company Information

Company

BSL Battery - Industrial

Location

Huizhou, Guangdong Province, China

About

BSLBATT is an innovative high-tech company that designs and manufactures smart lithium-ion batteries for industrial forklifts. Founded in 2012, the company's mission is to lead customers to clean, safe, and innovative lithium technology platforms. BSLBATT offers high-quality lithium-ion battery packs with certifications including proprietary Battery Management System (BMS) and cloud platform technologies, providing customers with better performance, lower cost of ownership, and greener solutions than traditional lead-acid and propane batteries.

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