# Shanghai Basewin Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-basewin-technology

- Industry: Hardware
- Headquarters: Shanghai, China
- Website: www.basewin.com
- Total disclosed funding: $1.6M
- Latest round: Series C (Nov 17, 2015)
- Investors on record: 3

## About

Shanghai Basewin Technology specializes in advanced AIoT solutions and smart hardware, providing innovative systems for industrial efficiency and automation across various sectors.Founded in 2010 in Shanghai, China, Shanghai Basewin Technology focuses on delivering AIoT solutions. The company has completed a total of 4 deals, with the most recent funding round being a Series B in November 2015, raising CNY 10.000 mn from Tsing-Yuan Capital, totaling CNY 10.000 mn raised to date.Shanghai Basewin Technology offers comprehensive AIoT solutions and smart hardware, focusing on product concept development, prototype validation, design, manufacturing, and quality control. Their tension monitoring system enhances precision and efficiency in sectors like textiles, paper, and metal manufacturing. The company serves various industries, including financial services and logistics, with significant clients such as JD.com, leveraging its technology for intelligent logistics applications.In the most recent year, 2022, Shanghai Basewin Technology reported a revenue of CNY 34,667,609.5 and an EBITDA of -CNY 4,936,977.4, primarily generated through B2B sales of advanced payment terminals and smart hardware solutions catering to retail and finance sectors.As of November 2015, Shanghai Basewin Technology raised Series C funding to support its growth initiatives, focusing on expanding its product line and entering new markets. The company aims to enhance its offerings and penetrate additional geographic regions, although specific markets and timelines have not been disclosed.

## Funding rounds

- Series C, Nov 17, 2015 — TFTR Investment
- Series B, Nov 25, 2013, $1.6M — Tsing-Yuan Capital
- Series A, Dec 1, 2012 — Shenzhen Capital Real Estate Fund

## Investors

- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- Tsing-Yuan Capital (https://capitalatlas.ai/funds/tsing-yuan-capital) — Series B
- TFTR Investment (https://capitalatlas.ai/funds/tftr-investment) — Series C