# Hangzhou Xinkong Intelligent Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hangzhou-xinkong-intelligent-technology

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.corecontrol.cn
- Total disclosed funding: $14M
- Latest round: Series B (Mar 18, 2024)
- Investors on record: 7

## About

Founded in 2019 and based in Hangzhou, China, Hangzhou Xinkong Intelligent Technology is a technology company that focuses on the smart factory modular system solution. It was recognized as the National High-tech Enterprise in 2021. Li Chen, the founder and CEO of the company, was the director of Hangzhou Research Institute of Xinsong Robotics. In March 2024, Hangzhou Xinkong Intelligent Technology raised a series B funding for approximately CNY 100 million.

Hangzhou Xinkong Intelligent Technology's main business is smart factory solutions based on motion control and AI technologies. Its products include intelligent line planning software, centralized controllers, and modular robots. It developed Factory Steam, which is a programming software for the automatic generation of production lines for smart factories. It utilizes standardized robot control languages as well as interpolation and trajectory planning algorithms. Products can be used in photovoltaic, home appliances, biomedical, new energy, and other industries.

## Funding rounds

- Series B, Mar 18, 2024, $14M — Ally Capital, Hundsun Technologies
- Series A, Oct 19, 2021 — ZhenFund, K2VC, Linear Capital, MPC
- Angel, Jul 29, 2019 — Linear Capital, Innoangel Fund

## Investors

- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Angel, Series A
- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A
- K2VC (https://capitalatlas.ai/funds/k2vc) — Series A
- MPC — Series A
- Ally Capital (https://capitalatlas.ai/funds/ally-capital) — Series B
- Hundsun Technologies — Series B