On February 22, Heihu Zhizao, a new generation of manufacturing collaboration software manufacturer, announced the completion of round C financing of nearly 500 million yuan, with Temasek leading the investment, Huaxing new economic fund, light speed China, Jinshajiang venture capital, Bai capital, GGV Jiyuan capital and Zhenge fund following the investment, and Taihe capital acting as the exclusive financial consultant of this round of financing.
Image credit“Toll Gallery”
Zhou Yuxiang, founder and CEO of Heihu Zhizao, said that the financing funds are mainly used to polish different production processes and use scenarios, so as to provide better products and services for the digital transformation of Chinese factories.
Founded in 2016, Heihu Zhizao focuses on building collaborative SaaS software for manufacturing with data-driven production efficiency improvement, and optimizes the whole process of production, quality, materials and equipment through data-driven efficiency improvement. The manufacturing collaboration SaaS software of Black Lake Zhi Zhi was launched in October 2018. It has now served nearly 2000 manufacturing enterprises and supply chains in Chinese mainland, Hong Kong, Macao and Taiwan, and Southeast Asia.
Tianyancha app shows that Heihu Zhizao has completed four rounds of financing before that: in May 2016, Heihu Zhizao completed a million dollar Angel round of financing, with Zhenge fund, IDG capital, Huachuang capital as the investors; in July 2017, Heihu Zhizao completed tens of millions of Yuan round a of financing, with Huachuang capital, Zhenge fund, GGV Jiyuan capital as the investors; in May 2018, Heihu Zhizao completed 500 million yuan round of financing In May 2019, Heihu Zhizao completed 150 million yuan of round B financing, led by Jinshajiang venture capital and Bai capital, followed by GGV Jiyuan capital and Zhenge fund.
At present, Heihu Zhizao has established cooperative relations with China Mobile, China Unicom, Huawei, Alibaba, Tencent, Microsoft, Honeywell, Schneider, UFIDA, sap, McKinsey, PwC, Accenture and other enterprises, covering communication technology, cloud computing, automation, industrial platform, management consulting and other fields, providing digital solutions for them.
Zhou Yuxiang said that in the future, Heihu intelligent manufacturing will make greater efforts to consolidate technology and deep innovation, fully open its digital capabilities to ecological partners, and jointly accelerate the digital transformation of manufacturing industry in China and the Asia Pacific region.