# HotCast

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

- Industry: Media
- Headquarters: Beijing, China
- Website: www.hotcast.cn
- Latest round: Series A (Jul 20, 2018)
- Investors on record: 1

## About

HotCast is a technology-focused company that specializes in advanced casting materials and solutions for various industrial applications. Their innovative products enhance the efficiency and precision of the casting process in sectors like automotive and aerospace.Founded in 2015 in Beijing, China, HotCast develops advanced casting technologies. The company has successfully closed 3 deals, with the most recent funding round occurring on July 20, 2018, when they raised CNY 12.00 mn from investors including Fortune Capital and Zhejiang HuaCe Film and TV. The CEO's information is currently unavailable.Hotcast specializes in innovative casting technologies, primarily focusing on the development and production of advanced casting materials and solutions aimed at various industrial applications. Their core offerings include high-performance metal casting products designed for use in automotive, aerospace, and manufacturing sectors. These products are engineered to enhance efficiency and precision in the casting process, addressing challenges such as weight reduction, durability, and thermal resistance. Released over the past few years, their solutions have been adopted by companies in North America and Europe, where they serve a diverse client base ranging from large manufacturers to specialized engineering firms. Hotcast's commitment to quality and innovation positions them as a key player in the global casting market.Hotcast operates on a B2B transaction model, primarily engaging in direct sales and partnerships with industry leaders in manufacturing and engineering. Revenue is generated through long-term contracts and bulk orders, with clients placing orders for raw casting materials and bespoke casting solutions tailored to specific project requirements. The company offers tiered pricing plans based on order volume and customization levels, fostering strong relationships with clients who rely on Hotcast's expertise for their production needs. Their flagship products, characterized by superior performance and reliability, contribute significantly to their revenue streams, aligning with the increasing demand for quality casting solutions in targeted markets.HotCast is planning to introduce new products designed to meet the evolving needs of the casting market, with expected releases in the next couple of years. The company aims to expand into new geographic regions, targeting markets in Southeast Asia and Europe by 2025. The recent funding of CNY 12.00 mn raised in July 2018 from Series A will be utilized to support the development of these new products and to enhance their market reach.

## Funding rounds

- Series A, Jul 20, 2018 — Fortune Capital

## Investors

- Fortune Capital — Series A