Innovation Union

Business Support ServicesSeries ABeijing, Chinaiuindustry.com

Latest round

Series A

Last raised

Apr 2022

Total raised

Undisclosed

Investors

2

About Innovation Union

Established in 2017 and based in Beijing, China, Innovation Union is a service provider that focuses on providing industrial data analysis for mining, textile and green energy companies to improve and reengineer their business process. The company launched its industrial application platform IU Industrial Cloud in 2020 and has more than 70 employees. The company's founder and CEO, Qiutao Liu, has a master's degree in business administration from Peking University and a master's degree in automation from Beijing University of Aeronautics and Astronautics. The company provides automation, data and industrial cloud services to companies in the extractive, new energy and manufacturing industries. The company self-developed industrial Internet technology service platform Bgonglian and expandable industrial application platform IU Industrial Cloud. The industrial Internet technology service platform Baigonglian provides one-stop SaaS services from equipment access, operation monitoring, equipment management, production management, industrial data prognosis and analysis, etc. IU Industrial Cloud, an extensible industrial application platform, provides predictive maintenance, real-time capacity monitoring, and diverse data collection.

Who invested in Innovation Union

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Apr 20, 2022

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Jul 16, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Innovation Union

Who invested in Innovation Union?

Innovation Union has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Innovation Union raised?

Innovation Union has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Innovation Union last raise money?

Innovation Union's most recent round on record is a Series A, in Apr 2022.

What does Innovation Union do?

Established in 2017 and based in Beijing, China, Innovation Union is a service provider that focuses on providing industrial data analysis for mining, textile and green energy companies to improve and reengineer their business process.

Where is Innovation Union headquartered?

Innovation Union is headquartered in Beijing, China.

Which VCs invest in companies like Innovation Union?

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 Innovation Union's stage. Their profiles are linked below.

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