# Green Motive Technology

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

- Industry: Hardware
- Headquarters: Shanghai, China
- Website: www.green-motive.cn
- Total disclosed funding: $7.7M
- Latest round: Series C (Jan 7, 2021)
- Investors on record: 1

## About

Established in 2011 and based in Shanghai, China, Green Motive Technology Limited is a hardware company that provides frequency conversion technology and intelligent home appliances solutions. The research and development center and production base, distribution centers were set up in Shanghai, Wuxi, Qingdao, and other places. It has established partnerships with Haier, Hisense, Midea, etc. In January 2016, it was listed on the New Third Board with stock code 835421. In 2018, it was honored with the Yunmi Outstanding Supplier Award. In November 2023, Green Motive Technology Limited raised CNY 20 million in strategic investment from new investor Jiangsu Xiuqiang Glasswork Co., Ltd.

The company is committed to providing frequency conversion technology and intelligent home appliances overall solutions, which cover household appliances, electric tools, industrial control, new energy vehicles, and other industries. The products include frequency conversion, display modules, smart hardware, etc.

The revenue and net income of the company in 2022 were CNY 133.697 million and CNY -21.121 million, respectively.

## Funding rounds

- Series C, Jan 7, 2021, $7.7M — Time Asset Management

## Investors

- Time Asset Management (https://capitalatlas.ai/funds/time-asset-management) — Series C