# Industics

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

- Industry: Software
- Headquarters: Suzhou, China
- Website: www.industics.com
- Total disclosed funding: $15M
- Latest round: Series B (Mar 8, 2021)
- Investors on record: 2

## About

Industics is a technology firm that provides digital transformation solutions tailored for discrete manufacturing enterprises, focusing on enhancing operational efficiency through innovative platforms.Industics, founded in 2016 in Suzhou, China, specializes in solutions for discrete manufacturing, specifically through its IN3 Manufacturing Operations Platform. The company has successfully completed 2 deals, with its most recent funding round being a Series B on March 8, 2021, where it raised RMB 100 million from investors including Cowin Capital and Shanghai Guangdian Electric Group Co.,Ltd.. The founders of Industics are James Zhang, Minheng Jin, and Ying Zhu, contributing to its growth in the manufacturing sector.Industics focuses on delivering comprehensive digital transformation solutions through its IN3 Manufacturing Operations Platform. This platform integrates multiple functionalities aimed at enhancing manufacturing processes and operational efficiency. The services offered include on-site industrial diagnostics, strategic planning for digital factory implementation over a 3-5 year horizon, and training programs designed to cultivate talent for continuous operational improvements. The firm caters to clients in the discrete manufacturing sector throughout East Asia and Southeast Asia, aiding these clients in increasing order fulfillment and strengthening competitive advantages.Industics generates revenue through B2B contracts with manufacturing companies, providing customized solutions that include software subscriptions and consulting services. Clients work directly with industrial experts to evaluate their operations and implement digital upgrades, engaging in phased plans that encompass software integration, training, and ongoing support. The revenue model is tailored to meet the specific needs of each client, ensuring effective utilization of the IN3 Manufacturing Operations Platform to achieve sustained operational enhancements.Industics plans to leverage the RMB 100 million raised in its Series B funding round in March 2021 to expand its product offerings and market reach. The company is focused on developing new features for the IN3 platform and aims to enter new geographic markets across Southeast Asia by 2023. This funding will support product development and help Industics to enhance its competitive position in the digital manufacturing space.

## Funding rounds

- Series B, Mar 8, 2021, $15M — Cowin Capital, Shanghai Guangdian Electric Group Co.,Ltd.

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B
- Shanghai Guangdian Electric Group Co.,Ltd. — Series B