Shanghai TongYi Electric Corporation
Latest round
- Series B
Last raised
- Mar 2017
Total raised
- Undisclosed
Investors
- 3
About Shanghai TongYi Electric Corporation
Founded in 2014, Shanghai TongYi Electric Corporation is involved in creating advanced industrial automation technologies, including AGV steering wheels and servo motors. The company is headquartered in Shanghai, China. Hegang Dong serves as both the founder and CEO, leading the firm through its strategic initiatives.Shanghai Tongyi Electric Corporation develops industrial control systems and drive solutions, focusing on AGV steering wheels, drive wheels, servo motors, and low-voltage servo drivers. These products enhance operational efficiency in manufacturing, logistics, and warehousing sectors, addressing automation requirements and improving productivity while reducing labor costs.The revenue model of Shanghai TongYi Electric Corporation is driven by direct sales of its industrial automation products, including AGV steering and drive wheels, as well as servo motors and low-voltage servo drivers. Sales typically occur on a B2B basis through direct purchasing agreements or long-term contracts with clients, predominantly in manufacturing and logistics. They are targeting expansions into international markets to meet the growing global demand for automation technologies.
Who invested in Shanghai TongYi Electric Corporation
3 investors across 2 rounds
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Questions about Shanghai TongYi Electric Corporation
Who invested in Shanghai TongYi Electric Corporation?
Shanghai TongYi Electric Corporation has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shanghai TongYi Electric Corporation raised?
Shanghai TongYi Electric Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Shanghai TongYi Electric Corporation last raise money?
Shanghai TongYi Electric Corporation's most recent round on record is a Series B, in Mar 2017.
What does Shanghai TongYi Electric Corporation do?
Founded in 2014, Shanghai TongYi Electric Corporation is involved in creating advanced industrial automation technologies, including AGV steering wheels and servo motors.
Where is Shanghai TongYi Electric Corporation headquartered?
Shanghai TongYi Electric Corporation is headquartered in Shanghai, China.
Which VCs invest in companies like Shanghai TongYi Electric Corporation?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back hardware companies at Shanghai TongYi Electric Corporation's stage. Their profiles are linked below.
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