# Shenzhen Xiaotie Entertainment Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-xiaotie-entertainment-technology

- Industry: Travel & Leisure
- Headquarters: Shenzhen, China
- Total disclosed funding: $14M
- Latest round: Series A (Jul 19, 2023)
- Investors on record: 5

## About

Based in Shenzhen, China, and established in 2022, Shenzhen Xiaotie Entertainment Technology is an entertainment equipment company that provides unmanned self-service technology for billiards. Its R&D members are accounted for 40% of employees that served for corporations, such as Huawei, Banyan, Siemens. The company opened over 300 billiard unmanned self-service stores during three months in China, and its closure rate of 0%. In July 2023, Shenzhen Xiaotie Entertainment Technology raised CNY 100 million in series A funding led by new investor Tencent Investment, with participation from other new investors Shenzhen Fanglue Dehe Investment Consulting, Netac Technology Co., Ltd, Hefei Haiheng Investment Holding Group, Derkee, and other unspecified investors. 

Shenzhen Xiaotie Entertainment Technology provides unmanned self-service billiard equipment. The billiard equipment uses the internet of things (IoT) technology, and AI technology, and equipped with self-service billiards whole house intelligent control platform. The platform has the shop manager terminal, and consumer terminal. The shop manager terminal has multiple functions, including power management, AI monitoring, marketing customer acquisition, and AI customer service. The consumer terminal include functions, face recognition, sweeping code to open the table, and AI voice reminder.

## Funding rounds

- Series A, Jul 19, 2023, $14M — Tencent Investment, Netac Technology Co., Ltd, Hefei Haiheng Investment Holding Group, Shenzhen Fanglue Investment, Derkee

## Investors

- Tencent Investment — Series A
- Netac Technology Co., Ltd — Series A
- Hefei Haiheng Investment Holding Group — Series A
- Shenzhen Fanglue Investment — Series A
- Derkee — Series A