# Maihuolang Information Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maihuolang-information-technology

- Industry: Internet
- Headquarters: Shenzhen, China
- Website: www.51mhl.net
- Total disclosed funding: $146M
- Latest round: Series A (Feb 27, 2017)
- Investors on record: 3

## About

Maihuolang Information Technology is a technology firm specializing in innovative Internet of Things (IoT) solutions, providing smart devices and integrated platforms to enhance operational efficiency across multiple sectors.Founded in 2014 in Shenzhen, China, Maihuolang Information Technology focuses on delivering advanced IoT solutions. The company was established by Zhiqiang Fan, who has a history of entrepreneurship. In February 2017, Maihuolang successfully raised CNY 1000 million in Series A funding from investors such as Shenzhen New Industry Venture Capital, Shenzhen Qianhai Greatwall Fund, and Shenzhen Weiji Investment, marking its first major funding round.Maihuolang Information Technology specializes in developing and deploying advanced Internet of Things (IoT) solutions. The company's core offerings include smart sensors, data analytics tools, and automation systems aimed at improving operational efficiency across various industries, including supply chain management and smart city applications. Their technology provides real-time insights, optimizes resource management, and enhances decision-making for a diverse clientele, including industrial manufacturers and municipal governments in Asia, Europe, and North America.The revenue structure of Maihuolang Information Technology is based on direct sales, subscription models, and strategic partnerships. Clients typically engage the company through tailored service agreements that include initial setup fees and ongoing support subscriptions. While specific pricing details are not disclosed, the company aims to foster long-term relationships through continuous service improvements and innovations.Maihuolang Information Technology plans to leverage its recent Series A funding of CNY 1000 million, raised in February 2017, to expand its product offerings and enter new markets. The firm is currently designing new IoT products, with an emphasis on enhancing existing smart devices and analytics tools. Additionally, there are plans to target expansion into Europe and North America by 2025, aiming to establish a more significant presence in these regions.

## Funding rounds

- Series A, Feb 27, 2017, $146M — Greatwall Fund, Weiji Investment, Shenzhen New Industry Venture Capital

## Investors

- Greatwall Fund (https://capitalatlas.ai/funds/greatwall-fund) — Series A
- Weiji Investment — Series A
- Shenzhen New Industry Venture Capital — Series A