About Gongye Technology
Gongye Technology is a company based in Dongguan (China) founded in 2018.. Gongye Technology has raised $14.93 million across 2 funding rounds from investors including Matrix Partners China and Fortune Capital. Gongye Technology operates in a competitive market with competitors including Glacier, Everest Labs, Pellenc ST, Waste Robotic and SmarterX, among others.
- Headquarter Dongguan, China
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Sectors
EnvironmentIndustrial Goods & Manufacturing
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.93 M (USD)
in 2 rounds
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Latest Funding Round
$14.93 M (USD), Series A
Jul 11, 2022
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Investors
Matrix Partners China
& 1 more
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Employee Count
Employee Count
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Funding Insights of Gongye Technology
Gongye Technology has successfully raised a total of $14.93M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.93 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $14.9M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Gongye Technology | Valuation | Fortune Capital | |
| Oct, 2021 | Amount | Seed - Gongye Technology | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gongye Technology
Gongye Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Matrix Partners China and Fortune Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Gongye Technology
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Gongye Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gongye Technology Comparisons
Competitors of Gongye Technology
Gongye Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Glacier, Everest Labs, Pellenc ST, Waste Robotic and SmarterX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based robots for automated waste sorting are provided.
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| domain | founded_year | HQ Location |
AI-based robots are provided for recyclable waste collection and sorting.
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| domain | founded_year | HQ Location |
Optical sorting solutions for waste recycling and treatment are developed.
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| domain | founded_year | HQ Location |
Waste sorting is automated by robotic systems with AI integration.
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| domain | founded_year | HQ Location |
Provider of software suite solutions for in-store retail businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gongye Technology
Frequently Asked Questions about Gongye Technology
When was Gongye Technology founded?
Gongye Technology was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Gongye Technology located?
Gongye Technology is headquartered in Dongguan, China. It is registered at Dongguan, Guangdong, China.
Is Gongye Technology a funded company?
Gongye Technology is a funded company, having raised a total of $14.93M across 2 funding rounds to date.
What does Gongye Technology do?
Founded in 2018, Gongye Technology operates in the waste management sector from Dongguan, China. Optical sorters and robotic systems are designed and manufactured for processing municipal solid waste, electronic waste, and plastics. Advanced AI algorithms are utilized for material identification and separation, with complete solutions including system design and integration offered to support recycling operations and resource recovery.
Who are the top competitors of Gongye Technology?
Gongye Technology's top competitors include Glacier, Pellenc ST and Superbin.
Who are Gongye Technology's investors?
Gongye Technology has 2 investors. Key investors include Matrix Partners China, and Fortune Capital.