# Shumi Network Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shumi-network-technology-co

- Industry: Telecoms
- Headquarters: Zhuhai, China
- Website: www.showmac.cn
- Total disclosed funding: $15M
- Latest round: Series A (Sep 23, 2020)
- Investors on record: 7

## About

Based in Beijing, China and established in 2016, Shumi Network Technology Co., Ltd. is an intelligent internet of things services provider that provides e-sim card for telecom services, internet connection, hardware and software for smart city, smart retail, and intelligent building system. The company is headquartered in Zhuhai with offices in Beijing, Shanghai, Xi'an and Shenzhen.

The company’s main business is to provide comprehensive IoT solutions that simplify the connection and management of smart devices. The company’s self-developed products include virtual SIM solutions, intelligent communication modules, and an IoT communication traffic management platform. Its products are used in various fields, including smart homes, industrial automation, and smart cities.

The company generates revenue by providing IoT connectivity services, selling smart communication modules, and offering data management and analytics platforms.

## Funding rounds

- Series A, Sep 23, 2020, $15M — Hongtai Aplus, Addor Capital, Jiyuan Capital
- Series A, Aug 10, 2018 — Hongtai Aplus, Cretrend Capital, Qianhai Ark Capital
- Angel, Nov 9, 2017 — Shunwei Capital, Xiaomi Group

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Angel
- Xiaomi Group — Angel
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series A
- Cretrend Capital (https://capitalatlas.ai/funds/cretrend-capital) — Series A
- Qianhai Ark Capital (https://capitalatlas.ai/funds/qianhai-ark-capital) — Series A
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series A
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A