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High Tech Series B Founded 2018

Jiangxing

Jiangxing provides edge computing hardware and software solutions for AI and IoT applications. Its offering comprises ARM-based hardware devices with storage capacity and a software platform for edge analytics. The hardware devices support communication protocols including WLAN, Bluetooth, and Ethernet, enabling deployment in diverse industrial environments. Use cases include grid monitoring, wind power maintenance,…

📍 Beijing, China · Internet of Things Infrastructure,

Funding snapshot

Last roundSeries B
Amount$33M
Date10 June 2024
Total raised$33M
Team size18

About

Jiangxing provides edge computing hardware and software solutions for AI and IoT applications. Its offering comprises ARM-based hardware devices with storage capacity and a software platform for edge analytics. The hardware devices support communication protocols including WLAN, Bluetooth, and Ethernet, enabling deployment in diverse industrial environments. Use cases include grid monitoring, wind power maintenance, and other industrial IoT applications requiring real-time processing at the network edge. The company also provides related consulting services to enterprises seeking to implement edge computing infrastructure, combining hardware devices with software platforms for end-to-end AI and IoT solutions. By processing data locally at the edge, Jiangxing reduces latency and bandwidth costs compared to cloud-based processing, making it suitable for time-sensitive industrial applications. Founded in 2018 and headquartered in Beijing, China, the company has raised approximately $33.3M in Series B funding from investors including Sequoia Capital, Lenovo Capital and Incubator Group, Baidu Venture Capital, and Green Pine Capital Partners.

Business model

Internet of Things Infrastructure > IoT Platforms > Analytics Platforms,

Edge Computing > Edge AI Processors

Team background

College Wise > Tsinghua University, Hong Kong University of Science and Technology (HKUST)

Institutional investors

Everest Ventures Group Zhuoyuan Capital Songhe Capital Lenovo Capital and Incubator Group Baidu Venture Capital Sequoia Capital Green Pine Capital Partners Poly Development Holdings Leap Capital Langmafeng Venture Capital Lenovo Tsing Ventures Sequoia Capital China Vlight Capital

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