NaaS Technology Inc. is the first U.S. listed EV charging service company in China, a subsidiary of Newlinks Technology. The company, founded in 2019, has made significant strides in the renewable energy and energy storage industries. NaaS provides comprehensive EV charging solutions to stations, covering online and offline EV charging, as well as innovative solutions. As of March 31, 2023, the company has connected over 575,000 chargers across 55,000 charging stations, claiming a substantial 40% and 49% market share in China's public charging market respectively. Notably, on June 13, 2022, the company's American depositary shares commenced trading on Nasdaq under the stock code NAAS. The most recent investment in NaaS amounted to CNY43.00M in a post-IPO equity investment on 13 March 2024. The investors involved in this last round of funding are not disclosed. NaaS Technology Inc. presents a compelling opportunity in the burgeoning EV charging sector, reflecting its potential for growth and widespread impact.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Equity | CNY43.00M | - | 13 Mar 2024 | |
Post-IPO Equity | Unknown | 1 | PMC Diversified Equity Fund | 02 Feb 2024 |
Post-IPO Debt | $40.00M | 1 | LMR Partners | 31 Aug 2023 |
Post-IPO Debt | $30.00M | 1 | LMR Partners | 29 Jun 2023 |
Post-IPO Equity | $21.00M | 2 | CST, Adrian Cheng | 29 May 2023 |
No recent news or press coverage available for NaaS.