# Caye Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/caye-technology

- Industry: Consumer Products
- Headquarters: Suzhou, China
- Website: www.caye.com
- Total disclosed funding: $73M
- Latest round: Series B (Jun 29, 2026)
- Investors on record: 6

## About

Based in Suzhou, China, and founded in 2022, Caye Technology (Suzhou) Co., Ltd., dba Caye Technology operates as a beverage equipment automation company that focuses on the sales of fully automatic coffee machines. Peng Wu, the founder of the company, used to work at Zhuimi Technology. Its manufacturing plant obtained ISO9001, IATF16949, ISO14001, ISO45001, and other management system certifications. The company cooperated with company cooperates with TÜV SÜD and other enterprises. 

In June 2026, Caye Technology raised approximately CNY 400 million in series B funding led by Long Z Investment, with participation from Borui Capital, GL Ventures, Suzhou Capital Group, Jiabin Capital, with participation from other investors.

Caye Technology provides beverage equipment automation upgrade solutions. The company's main products are the Smart X series and Smart X Master series of commercial fully automatic coffee machines. The products use technologies such as VVD (Vertical Vibrating Distribution) vertical vibration powder distribution and SuperMix milk foam. The products are equipped with the self-developed Bionic Barista bionic barista system, which has innovative designs for coffee grinding, powder weight control, powder distribution and pressure extraction.

The company generates revenue by selling coffee machines.

The company will primarily use the series B funding for core technology research and development, production base expansion, domestic and international market expansion, and the construction of a global after-sales service system.

## Funding rounds

- Series B, Jun 29, 2026, $59M — Long Z Investment, GL Ventures, Suzhou Capital Group, Borui Capital
- Series A, Apr 12, 2024 — Leader Venture Capital, Suzhou Capital Group
- Angel, Mar 23, 2023, $15M — R-Z Capital, GL Ventures

## Investors

- R-Z Capital (https://capitalatlas.ai/funds/r-z-capital) — Angel
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Angel, Series B
- Leader Venture Capital (https://capitalatlas.ai/funds/leader-venture-capital) — Series A
- Suzhou Capital Group — Series A, Series B
- Long Z Investment (https://capitalatlas.ai/funds/long-z-investment) — Series B
- Borui Capital — Series B