# Shenzhen Kaadas Intelligent Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-kaadas-intelligent-technology-co

- Industry: Consumer Products
- Headquarters: Shenzhen, China
- Website: www.kaadas.com
- Total disclosed funding: $194M
- Latest round: Series C (Mar 16, 2022)
- Investors on record: 7

## About

Shenzhen Kaadas Intelligent Technology Co., Ltd. is a Chinese company specializing in the development and manufacturing of advanced intelligent locking systems, particularly smart fingerprint locks that enhance security and convenience for various users.Founded in 2013, Shenzhen Kaadas Intelligent Technology Co., Ltd. focuses on designing innovative locking solutions. The company has undergone strategic growth, and as of March 2022, successfully raised CNY 600 million in its Series C funding round, led by Guangzhou Yatou Equity Investment Fund Management. The firm's headquarters is located in Shenzhen, China. Niangen Jiang serves as the CEO, contributing leadership to the company’s ongoing developments and initiatives.Kaidishi specializes in the development and manufacturing of intelligent locking systems, focusing primarily on smart fingerprint locks. These locks utilize advanced biometric technology to enhance security and convenience for residential and commercial users. By employing fingerprint recognition, the locks offer a keyless entry solution, addressing common security concerns and user preferences for modern access control. The company markets its products to a diverse customer base, including homeowners, property management firms, and businesses seeking enhanced security solutions. Kaidishi's products are primarily distributed in markets across Asia, with a growing presence in Europe and North America, aiming to meet the increasing demand for smart home technology and security systems.Kaidishi generates revenue through a structured approach involving both direct-to-consumer sales and partnerships with retailers and wholesalers. The company sells its signature smart fingerprint locks directly to end users while establishing distribution agreements with various retail outlets to expand its market reach. Typical transactions involve customers purchasing individual units or bulk orders for larger installations, particularly in commercial settings. Pricing plans for these products reflect their advanced features and technological capabilities, catering to a wide range of budgets and security needs. This revenue model supports ongoing innovation and enhances the product lineup, ensuring that Kaidishi remains competitive in the evolving smart security landscape.In March 2022, Shenzhen Kaadas Intelligent Technology Co., Ltd. raised CNY 600 million to support its future growth plans. The funding will be invested in product development, intelligent manufacturing, channel construction, brand building, and expanding overseas market channels. The company aims to launch new intelligent locking products and plans to expand its market presence in Europe and North America by the end of 2023.

## Funding rounds

- Series C, Mar 16, 2022, $94M — Morgan Stanley Private Equity Asia, Cowin Capital, CoStone Capital, Ejam Capital Partners, Guangzhou Yatou Equity Investment Fund Management
- Series B, Mar 31, 2021, $100M — Orchid Asia Group, Cowin Capital, Qianhai Huxing Asset Management

## Investors

- Orchid Asia Group (https://capitalatlas.ai/funds/orchid-asia-group) — Series B
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B, Series C
- Qianhai Huxing Asset Management — Series B
- Morgan Stanley Private Equity Asia (https://capitalatlas.ai/funds/morgan-stanley-private-equity-asia) — Series C
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series C
- Ejam Capital Partners (https://capitalatlas.ai/funds/ejam-capital-partners) — Series C
- Guangzhou Yatou Equity Investment Fund Management — Series C