# GRIPP

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

- Industry: Industrial Machinery
- Headquarters: Shanghai, China
- Website: www.gripp.com.cn
- Total disclosed funding: $28M
- Latest round: Series B (Aug 1, 2025)
- Investors on record: 7

## About

Established in 2017 and based in Shanghai, China, Shanghai Gripp Intelligent Technology Co., Ltd, trading as GRIPP, is an industrial machinery company that specializes in providing new energy lightweight material joining technology solutions. The company maintains three wholly-owned subsidiaries: Weld Tiger Auto Parts, Tiger Weld Auto Technology, and Tiger Weld Industrial Engineering. In August 2025, it secured CNY 100 million in a series B funding round led by Geely Automobile.

The company focuses on aluminum grinding de-dusting, new material joining technology solutions, welding fume de-dusting solutions, body dismantling business unit and new energy charging pile installation services. Among them, the aluminum body grinding and dedusting and aluminum body dissecting services include spot welding, stud welding, surface grinding of aluminum bodies, welding seam grinding.

The company generates revenue through the provision of lightweight material joining technology solutions, specialized aluminum body manufacturing services, and associated equipment installations for industrial clients primarily in the automotive industry.

The company plans to further expand into the automotive sector, enhance product innovation and technological development, accelerate the localization of high-end intelligent equipment.

## Funding rounds

- Series B, Aug 1, 2025, $14M — GTJA Innovation Investment, Zhejiang Geely Holding Group Co., Ltd., HangZhou Capital, Bank of Communications Investment
- Series A, Feb 20, 2024, $14M — China International Capital Corporation, Xiaomi Private Equity Fund Management, Huichuang Xin Capital

## Investors

- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A
- Xiaomi Private Equity Fund Management (https://capitalatlas.ai/funds/xiaomi-private-equity-fund-management) — Series A
- Huichuang Xin Capital (https://capitalatlas.ai/funds/huichuang-xin-capital) — Series A
- GTJA Innovation Investment (https://capitalatlas.ai/funds/gtja-innovation-investment) — Series B
- Zhejiang Geely Holding Group Co., Ltd. — Series B
- HangZhou Capital (https://capitalatlas.ai/funds/hangzhou-capital) — Series B
- Bank of Communications Investment (https://capitalatlas.ai/funds/bank-of-communications-investment) — Series B