Hefei Midea Intelligent Technology

Hefei, China Founded: 2017 • Age: 9 yrs
Smart vending machines are operated using sensor and vision technologies.
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About Hefei Midea Intelligent Technology

Hefei Midea Intelligent Technology is a company based in Hefei (China) founded in 2017.. Hefei Midea Intelligent Technology operates in a competitive market with competitors including Ubox, Beijing Freebee Electronic Commerce, SmartRetail, Magic Box Citybox and Meiweishenghuo, among others.

  • Headquarter Hefei, China
  • Sectors
    Consumer
    Retail Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Consumer → Food, Beverage & Nutrition
Retail → E-Commerce Platforms & Marketplaces
Retail → E-Commerce Platforms & Marketplaces
Technology → Artificial Intelligence & Machine Learning
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Hefei Midea Intelligent Technology

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Seed - Hefei Midea Intelligent Technology Valuation Cowin Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hefei Midea Intelligent Technology

Hefei Midea Intelligent Technology has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cowin 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hefei Midea Intelligent Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hefei Midea Intelligent Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hefei Midea Intelligent Technology Comparisons

Employees
+
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Competitors of Hefei Midea Intelligent Technology

Hefei Midea Intelligent 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 Ubox, Beijing Freebee Electronic Commerce, SmartRetail, Magic Box Citybox and Meiweishenghuo, 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
Smart vending machines with O2O features are produced by Ubox.
domain founded_year HQ Location
Self check-out solutions are provided for retail stores.
domain founded_year HQ Location
Smart vending machines with AI customer profiling are provided.
domain founded_year HQ Location
Smart vending machines for offline retailers
domain founded_year HQ Location
Manufactures and supplies smart vending machines
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hefei Midea Intelligent Technology

Frequently Asked Questions about Hefei Midea Intelligent Technology

When was Hefei Midea Intelligent Technology founded?

Hefei Midea Intelligent Technology was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Hefei Midea Intelligent Technology located?

Hefei Midea Intelligent Technology is headquartered in Hefei, China. It is registered at Hefei, Anhui, China.

What does Hefei Midea Intelligent Technology do?

Hefei Midea Intelligent Technology was established in 2017 in Hefei, China, within the intelligent technology sector. Unmanned vending machine solutions are provided, relying on sensors and computer vision for operations. Mobile payments are facilitated, alongside task management, control systems, and marketing tools. These services support automated retail environments across the region.

Who are the top competitors of Hefei Midea Intelligent Technology?

Hefei Midea Intelligent Technology's top competitors include Ubox, Beijing Freebee Electronic Commerce and Magic Box Citybox.

Who are Hefei Midea Intelligent Technology's investors?

Hefei Midea Intelligent Technology has 1 investor. Key investors include Cowin Capital.

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