HS Tech
Latest round
- Series A
Last raised
- Aug 2021
Total raised
- $15M
Investors
- 3
About HS Tech
Founded in 2016, HS Tech focuses on delivering innovative IoT solutions.HS Tech specializes in innovative Internet of Things (IoT) solutions, focusing on advanced sensor technologies and data analytics platforms tailored for smart manufacturing and logistics optimization. Their product offerings enable clients to enhance operational efficiency, reduce downtime, and improve supply chain visibility, primarily targeting industries such as automotive, agriculture, and smart cities.HS Tech generates revenue through a combination of subscription-based services and direct sales of IoT products. Clients typically engage in long-term agreements featuring initial hardware purchases followed by ongoing subscriptions for software updates and analytics services. This model supports a steady stream of recurring revenue while allowing access to technological advancements at lower upfront costs. The company is also targeting expansion into additional markets in North America and Europe by 2023.
Who invested in HS Tech
3 investors across 1 round
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Funding rounds
Series A
Aug 24, 2021
Amount
$15M
Investors
Questions about HS Tech
Who invested in HS Tech?
HS Tech has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HS Tech raised?
HS Tech has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did HS Tech last raise money?
HS Tech's most recent round on record is a Series A, in Aug 2021.
What does HS Tech do?
Founded in 2016, HS Tech focuses on delivering innovative IoT solutions.
Where is HS Tech headquartered?
HS Tech is headquartered in Shanghai, China.
Which VCs invest in companies like HS Tech?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back business support services companies at HS Tech's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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