# Knowhy

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

- Industry: Outsourcing
- Headquarters: Suzhou, China
- Website: www.knowhy.com.cn
- Total disclosed funding: $15M
- Latest round: Series A (Aug 18, 2023)
- Investors on record: 4

## About

Established in 2018 and based in Suzhou, China, Knowhy is a tooling and outsourcing management service provider, providing support and services such as tool selection optimization, tool resharpening, and tool management for machining companies. The cooperative customers cover automobile, aviation, medical, mold, engineering machinery, general machinery, and other fields, including Edscha, BorgWarner, JDM, Keda, etc. The annual contract value of CNY 350 million in 2021. In August 2023, Knowhy raised approximately CNY 100 million in series A+ funding from new investor Shareate Tools Ltd and returning investor Immensus Capital.

The company mainly provides service items in two segments, namely tool management and MRO management, including tool optimization, tool life cycle management, provision of total solutions for cutting and machining, as well as equipment asset management, and chemical management.

The company will use the funds for the upgrading and iteration of the tool management software system.

## Funding rounds

- Series A, Aug 18, 2023, $14M — Immensus Capital, Shareate Tools Ltd.
- Angel, Jul 13, 2020, $1.4M — Sharelink Capital, Dunlin Capital

## Investors

- Sharelink Capital (https://capitalatlas.ai/funds/sharelink-capital) — Angel
- Dunlin Capital — Angel
- Immensus Capital (https://capitalatlas.ai/funds/immensus-capital) — Series A
- Shareate Tools Ltd. — Series A