# ENGRID

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/engrid

- Industry: Industrial Machinery
- Headquarters: Hangzhou, China
- Website: www.engrid.cn
- Latest round: Series B (Oct 17, 2023)
- Investors on record: 5

## About

Established in 2011 and based in Hangzhou, China, ENGRID is a heating energy technology company. The company is headquartered in Hangzhou and has branches in Shandong and Hangzhou. It is the patent owner of the third-generation sensor technology and balancing control algorithm, which is written into the JB/T13753-2021 "Balanced Heat Meter" industry standard. At the same time, the company is in the process of strategic cooperation with Ant Financial Services on "intelligent heat supply + Internet ecology". Its CEO Mr. Ding Yun Graduated from Zhejiang University in 1993, majoring in industrial automation. In October 2023, it closed a round of series B+ funding.

The company has created a patented "L-value balancing control algorithm", based on which the products include balanced heat meters and management software. The company has built TEMPED, a collaborative thermal energy management platform through self-developed software and hardware, which uses artificial intelligence, edge computing, big data, carbon fiber materials and other technologies to meet the needs of the heating market.

## Funding rounds

- Series B, Oct 17, 2023 — Jilin Electric Power, Zheneng Fund
- Series A, Sep 26, 2021 — Winreal Investment
- Series A, Apr 17, 2021 — Source Code Capital
- Angel, Feb 13, 2017 — Fortune Link

## Investors

- Fortune Link (https://capitalatlas.ai/funds/fortune-link) — Angel
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A
- Winreal Investment (https://capitalatlas.ai/funds/winreal-investment) — Series A
- Jilin Electric Power — Series B
- Zheneng Fund (https://capitalatlas.ai/funds/zheneng-fund) — Series B