# Hand Hitech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hand-hitech

- Industry: Software
- Headquarters: Shenzhen, China
- Website: www.hand-hitech.com
- Total disclosed funding: $11M
- Latest round: Series B (Feb 26, 2021)
- Investors on record: 6

## About

Established in 2015 and based in Shenzhen, China, Hand Hitech is a system developer that focuses on dynamic weight measurement of intelligent vehicle system. In February 2021, the firm raised series B+ funding led by new investor Phoenix Tree Capital Partners. Returning investors Eastern Bell Capital, Frees Fund and Qianhai Ark Asset Management also participated in the round. The company has R&D bases in Beijing and Hong Kong.

The company's main products include vehicle-mounted intelligent weighing SaaS platform, intelligent vehicle-mounted weight information monitoring equipment and supporting safety monitoring systems. The vehicle-mounted intelligent weighing SaaS platform provides services such as cargo flow control, real-time weighing, abnormal unloading alarm, and overload alarm. The company's products are used in areas such as barge monitoring, garbage tracing, and smart sanitation.

The company’s revenue is generated by providing an intelligent vehicle-mounted dynamic weighing system.

## Funding rounds

- Series B, Feb 26, 2021 — Eastern Bell Capital, Frees Fund, Phoenix Tree Capital Partners, Qianhai Ark Capital
- Series B, Nov 6, 2020 — 01VC, MPC
- Series A, Mar 2, 2020, $11M — 01VC, Frees Fund, Qianhai Ark Capital

## Investors

- 01VC (https://capitalatlas.ai/funds/01vc) — Series A, Series B
- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Series A, Series B
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series A, Series B
- MPC — Series B
- Eastern Bell Capital — Series B
- Phoenix Tree Capital Partners (https://capitalatlas.ai/funds/phoenix-tree-capital-partners) — Series B