# SMAIUN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smaiun

- Industry: Environmental Services
- Headquarters: Hangzhou, China
- Website: www.smaiun.com
- Total disclosed funding: $0.6M
- Latest round: Series A (Sep 29, 2015)
- Investors on record: 1

## About

SMAIUN is a Chinese company focused on the oil machinery sector, delivering specialized equipment and services that enhance oil extraction and processing efficiency.Founded in 2013 in Hangzhou, China, SMAIUN specializes in developing equipment for oil drilling and production. In September 2015, the company raised RMB 4 million in Series A funding from Zheshang Venture Capital, marking its only investment round to date.SMAIUN operates primarily within the oil machinery sector, offering a diverse range of products designed to improve oil extraction and processing efficiency. Its core products include specialized equipment for drilling, production machinery, and maintenance tools tailored to the needs of oil companies and contractors involved in exploration and production activities across key markets such as the Middle East, North America, and parts of Asia.In 2019, SMAIUN reported a revenue of CNY 5,134,715.40 with an EBITDA of CNY 329,310.10, generated through direct sales of equipment as well as service contracts with oil companies.SMAIUN plans to leverage its recent funding from the Series A round to develop new products aimed at enhancing operational efficiency in the oil sector. The company is also targeting expansion into additional markets in Southeast Asia and North America by 2025, aiming to establish a broader footprint in regions with significant oil production activities.

## Funding rounds

- Series A, Sep 29, 2015, $0.6M — Zheshang Venture Capital

## Investors

- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series A