# Pi2star

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pi2star

- Industry: Semiconductors
- Headquarters: Beijing, China
- Website: www.pi2star.com
- Latest round: Series A (Mar 10, 2020)
- Investors on record: 4

## About

Established in 2018 and based in Beijing, China, Pi2star is an equipment management service provider that focuses on the research and development of equipment management IoT solutions based on AI (artificial intelligence) computing. The company has set up a branch office in Tianjin. The core team members graduated from Tsinghua University, Chinese Academy of Sciences, and worked at Alibaba, Google, and other companies. It has been recognized as a National High Tech Enterprise. Some enterprises, such as China National Petroleum Corporation, China Petrochemical Corporation, China National Offshore Oil Corporation, have cooperated with the company. In March 2020, Pi2star closed series A funding led by new investor iHeima.

The company's main business covers predictive maintenance of rotating machinery, intelligent operation and maintenance, intelligent equipment, smart factories, etc. Pi2star has created intelligent IoT terminals based on edge computing, artificial intelligence algorithm engines, intelligent industrial equipment management cloud platforms, etc. Its products serve equipment manufacturing, coal mining, petroleum and petrochemicals, steel and metallurgy and other industries.

The company generates revenue by providing a full-stack device management AIoT solution.

## Funding rounds

- Series A, Mar 10, 2020 — Dark Horse, Baidu Ventures, MPC
- Angel, Oct 1, 2018 — Baidu Ventures, MPC, Tsinghua Technology Transfer Fund

## Investors

- Baidu Ventures (https://capitalatlas.ai/funds/baidu-ventures) — Angel, Series A
- MPC — Angel, Series A
- Tsinghua Technology Transfer Fund (https://capitalatlas.ai/funds/tsinghua-technology-transfer-fund) — Angel
- Dark Horse (https://capitalatlas.ai/funds/dark-horse) — Series A