Chinese new energy firm FOX ESS hits $1.4b valuation after pre-IPO round

Chinese new energy firm FOX ESS hits $1.4b valuation after pre-IPO round

Fox ESS, a Chinese developer of solar inverters and energy storage solutions, has raised over 1 billion yuan ($141.5 million) in its pre-initial public offering (IPO) funding round led by Sparkedge Capital, the firm announced on Friday.

Edited by: Padma Priya