# New Core Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-core-technology-co

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.xinheyun.com
- Total disclosed funding: $57M
- Latest round: Series C (Aug 23, 2021)
- Investors on record: 6

## About

Established in 2015 and based in Shanghai, China, New Core Technology Co., Ltd. is a company that focuses on providing digital factory solutions for discrete manufacturing. 

The company mainly provides cloud ERP and cloud MES products based on the SaaS model, digitizes the production and quality business processes of the workshop, and combines its self-developed industrial gateway to control management and data analysis of production equipment. The company's products are mainly used in the field of auto parts and equipment manufacturing.

## Funding rounds

- Series C, Aug 23, 2021, $31M — NLVC, Cowin Capital, Shunwei Capital, Xiaomi Group
- Series B, Jan 29, 2021, $23M — NLVC, IDG Capital, Cowin Capital
- Series B, Sep 10, 2019 — NLVC, Qinglan Venture Capital
- Series A, Nov 15, 2017, $3M — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A, Series B, Series C
- Qinglan Venture Capital — Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series B
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B, Series C
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series C
- Xiaomi Group — Series C