# Jiqidao

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

- Industry: Education/Training
- Headquarters: Nanjing, China
- Website: www.jiqid.com
- Latest round: Series B (May 23, 2017)
- Investors on record: 5

## About

Jiqidao, a pioneering company in smart technology, specializes in automation systems and intelligent control solutions designed to enhance operational efficiency across various industries, primarily focusing on manufacturing and logistics.Founded in 2016 by Jilun Lv, Jiqidao operates from its headquarters in Nanjing, China. The company provides automation solutions that optimize manufacturing processes. In May 2017, it raised Series B funding led by Shangshi Fund and an individual investor, with undisclosed financial terms. Jiqidao has successfully completed 2 deals to date, showcasing its growth within the sector.Jiqidao specializes in innovative smart technology solutions that enhance operational efficiencies across various industries. The company’s core product offerings include advanced automation systems and intelligent control solutions, designed to optimize manufacturing processes and improve productivity. Their diverse clientele includes large industrial manufacturers and smaller enterprises seeking to adopt smart technologies. Jiqidao's products are particularly beneficial in logistics, warehousing, and assembly lines, where precision and efficiency are crucial, primarily marketed in China with a growing presence in Southeast Asia.Jiqidao generates revenue through direct-to-consumer sales and partnerships with major retail platforms such as Tmall, JD.com, and Suning. This strategy enables the company to reach a broad customer base, including both individual consumers and business clients. Transactions involve sales of standalone products and bundled solutions for comprehensive automation needs, with strategic pricing plans to enhance customer retention and revenue stability.Jiqidao plans to expand its product portfolio with new automation solutions set to launch in late 2023. The company aims to enter new markets, particularly Southeast Asia, by 2024. The recent Series B funding raised in May 2017 will support these initiatives, allowing Jiqidao to invest in product development and market expansion.

## Funding rounds

- Series B, May 23, 2017 — Shangshi Fund
- Series A, May 6, 2016 — Shunwei Capital, MultiGo Capital, Dingxiang Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A
- MultiGo Capital (https://capitalatlas.ai/funds/multigo-capital) — Series A
- Dingxiang Capital — Series A
- Xiaomi Group — Series A
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series B