HiTS (Shanghai) Hydrogen Power Technology

Shanghai, China · Founded 2022 · Privately Held (backing)

Manufacturer of wind-cooled hydrogen fuel cell systems and hydrogen-powered UAVs aims to lead global innovation in hydrogen energy applications. HiTS (Shanghai) Hydrogen Power Technology is based in Shanghai, China and was founded in 2022. Its last reported valuation was $163 million in Feb 2024. It has raised $21.1 million.

Last reported valuation
$163.1M
Oct 2026
Priced at
—
Total raised
$21.1M
Last round
—

HiTS (Shanghai) Hydrogen Power Technology key facts

as of Oct 2026
  • Manufacturer of wind-cooled hydrogen fuel cell systems and hydrogen-powered UAVs aims to lead global innovation in hydrogen energy applications.
  • HiTS (Shanghai) Hydrogen Power Technology is valued at approximately $163.1M as of Oct 2026 (last reported valuation).
  • It has raised $21.1M; the latest was IPO in Apr 2025.
  • Notable investors include Silicon Harbour, Shandong Provincial Investment Private Equity Fund Management, Chilwee, Chizhou Investment, QW Solar — 6 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$163.1M

HiTS (Shanghai) Hydrogen Power Technology's last reported valuation, Feb 2024. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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HiTS (Shanghai) Hydrogen Power Technology funding rounds

No rounds on record

No funding rounds for HiTS (Shanghai) Hydrogen Power Technology are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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HiTS (Shanghai) Hydrogen Power Technology valuation

HiTS (Shanghai) Hydrogen Power Technology's last reported valuation was $163 million in Feb 2024. No priced round, secondary trade or fund mark has surfaced since.

HiTS (Shanghai) Hydrogen Power Technology investors

6 investors are on record for HiTS (Shanghai) Hydrogen Power Technology, including Silicon Harbour, Shandong Provincial Investment Private Equity Fund Management, Chilwee and Chizhou Investment.

About HiTS (Shanghai) Hydrogen Power Technology

Manufacturer of wind-cooled hydrogen fuel cell systems and hydrogen-powered UAVs aims to lead global innovation in hydrogen energy applications. The company's offerings feature proprietary wind-cooled hydrogen fuel cell systems, hydrogen energy unmanned aerial vehicles, and integrated hydrogen production-storage modules, backed by over 300 patents, multiple R&D centers, and the world's largest production capacity for wind-cooled fuel cells. These solutions support drone manufacturers, hydrogen mobility operators, and clean-energy integrators, helping clients achieve longer-range, high-payload, and cost-effective hydrogen-powered systems, enabling scalable deployment of sustainable hydrogen technologies in UAV, vehicle, and energy infrastructure applications.

Sector
Energy
HQ
Shanghai, China
Founded
2022
Ownership
Privately Held (backing)

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