# Shanghai Pingbo Info Tech Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-pingbo-info-tech-co

- Industry: IT Security/Cybersecurity
- Headquarters: Shanghai, China
- Website: www.trustkernel.com
- Latest round: Series A (Jan 24, 2019)
- Investors on record: 1

## About

Shanghai Pingbo Info Tech Co., Ltd. focuses on delivering advanced security solutions utilizing chip-level technology aimed at enterprises across various sectors. Their offerings emphasize Trusted Execution Environment (TEE) products for robust application security.Shanghai Pingbo Info Tech Co., Ltd. was founded in 2015 in Shanghai, China. The company specializes in security technology solutions, particularly TEE products, without any known pivots or parent companies. Wenhao Li serves as both the founder and CEO of the company, which has completed one funding deal, raising an undisclosed amount in SERIES A funding from QF Capital on January 24, 2019.Shanghai TrustKernel Information Technology Co., Ltd. specializes in providing high-efficiency security protection solutions based on chip-level technology. Their core offerings center around Trusted Execution Environment (TEE) products, facilitating unified access and security protection for enterprise applications. The company ensures the safety of user assets across various sectors, including automotive, smart devices, and data security. Notable products include automotive digital keys that support the 'keyless revolution' in shared mobility and data security computing platforms that guarantee confidentiality. TrustKernel serves over 200 brand equipment manufacturers, primarily in China, with expanding clientele in Southeast Asia and North America.TrustKernel's revenue model is based on B2B transactions, focusing on partnerships with enterprises and device manufacturers needing advanced security solutions. The company directly sells its flagship TEE product series and automotive security solutions, structured around tailored agreements to meet client specifications. Their revenue generation emphasizes long-term partnerships, ensuring continuous updates and enhancements to their offerings.Looking ahead, TrustKernel plans to enhance its product lineup with new TEE solutions aimed at strengthening data security, with anticipated launches set for late 2023. The company is strategically targeting expansion into Southeast Asia and North America by 2024, leveraging the recent SERIES A funding raised in January 2019 to support these initiatives.

## Funding rounds

- Series A, Jan 24, 2019 — QF Capital

## Investors

- QF Capital (https://capitalatlas.ai/funds/qf-capital) — Series A