# Semeureka

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

- Industry: Power & Utilities
- Headquarters: Beijing, China
- Website: http://www.smqhdl.com
- Latest round: Series A (May 20, 2011)
- Investors on record: 3

## About

Semeureka is a Beijing-based company specializing in advanced IoT solutions for the power sector, focusing on microgrid technologies and energy management systems for utility and industrial clients.Founded in 2008 in Beijing, China, Semeureka develops innovative solutions for the energy sector. The company was acquired by Far East Holding Group in June 2014 for CNY 284.53 million. The founder, ?? ?, has a background in technology development and management.Semeureka specializes in advanced solutions for the power IoT (Internet of Things) sector, focusing on developing transmission IoT solutions and microgrid technologies. The company's offerings enhance energy management, optimize power distribution, and facilitate real-time data analytics for electricity providers, addressing challenges in energy efficiency and reliability primarily for utility companies and industrial organizations.Semeureka's revenue model is based on B2B transactions, partnering with utility companies and industrial clients for sophisticated energy management solutions. The company engages in direct sales and service agreements, with pricing structures tailored to project scope, often involving upfront costs plus ongoing maintenance and support. Their flagship transmission IoT solutions are integral to these agreements.Following its acquisition in June 2014, Semeureka aims to leverage recent funding to enhance its product portfolio and expand into new markets. The company plans to develop new products centered around innovative energy management solutions targeting clients in Asia and Europe by 2025, utilizing the CNY 284.53 million from the Trade Sale to bolster its expansion efforts.

## Funding rounds

- Series A, May 20, 2011 — Greenwoods Asset Management, Langsheng Investment, Crystone Fund

## Investors

- Greenwoods Asset Management (https://capitalatlas.ai/funds/greenwoods-asset-management) — Series A
- Langsheng Investment (https://capitalatlas.ai/funds/langsheng-investment) — Series A
- Crystone Fund (https://capitalatlas.ai/funds/crystone-fund) — Series A