# Shanghai Hongji Information Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-hongji-information-technology-co

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.cyclone-robotics.com
- Total disclosed funding: $190M
- Latest round: Series C (Nov 15, 2021)
- Investors on record: 11

## About

Based in Shanghai, China, and established in 2015, Shanghai Hongji Information Technology Co., Ltd. operates like a robotic process automation (RPA) software and solution provider that provides artificial intelligence for the digital workforce. The company, which has its corporate headquarters in Shanghai, has branches and offices in 24 cities at home and abroad as of 2023, as well as a research and development center in Silicon Valley, USA. The company's founder and CEO, Yuguang Gao, graduated from the National University of Singapore and served as the General Manager of Analytics and Data Management in the Global Application Delivery Center of HPE (China) Enterprise Services Group. It has partnerships with State Grid, China Post, CNOOC, and Volvo.

The company provides industry integrated solutions and a digital workforce for many fields such as finance, insurance, and retail. It has developed its own products such as Digital Workforce Platform, Requirements Lifecycle Management Platform, RPA (Robotic process automation) Designer, AI Skill Designer and App Designer.

The company will use the series C+ funding for the research and development of AIGA (AI Generated Automation), industry resource integration and market expansion.

## Funding rounds

- Series C, Nov 15, 2021, $150M — DCM, CMC Capital Partners, Goldman Sachs Asset Management, Source Code Capital, MPC, ZWC Ventures, V Fund, Lavender Hill Capital, Jingwei Ventures
- Series B, Sep 23, 2020, $40M — DCM, Source Code Capital, Lenovo Capital and Incubator Group, MPC, R-Z Capital
- Series A, Jun 14, 2019 — DCM, Source Code Capital

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B, Series C
- Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series A, Series B, Series C
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series B
- MPC — Series B, Series C
- R-Z Capital (https://capitalatlas.ai/funds/r-z-capital) — Series B
- CMC Capital Partners (https://capitalatlas.ai/funds/cmc-capital-partners) — Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C
- ZWC Ventures (https://capitalatlas.ai/funds/zwc-ventures) — Series C
- V Fund (https://capitalatlas.ai/funds/v-fund) — Series C
- Lavender Hill Capital (https://capitalatlas.ai/funds/lavender-hill-capital) — Series C
- Jingwei Ventures — Series C