About Shengsheng Technology
Shengsheng Technology is a company based in Haidian (China) founded in 2018.. Shengsheng Technology has raised $22.9 million across 4 funding rounds from investors including MTR Lab, October Capital and Xiaogan Gaochuang Investment. Shengsheng Technology operates in a competitive market with competitors including KONUX, MERMEC Group, ifm, Dong Woon Anatek and L2M Rail, among others.
- Headquarter Haidian, China
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Sectors
Transportation, Automotive & LogisticsTechnology Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.9 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
MTR Lab
& 7 more
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Employee Count
Employee Count
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Funding Insights of Shengsheng Technology
Shengsheng Technology has successfully raised a total of $22.9M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(26 Oct 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Shengsheng Technology | Valuation | MTR Lab |
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| Dec, 2023 | Amount | Series B - Shengsheng Technology | Valuation | October Capital , Xiaogan Gaochuang Investment |
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| Jan, 2023 | Amount | Series B - Shengsheng Technology | Valuation | Fresh Capital |
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| 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 Shengsheng Technology
Shengsheng Technology has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include MTR Lab, October Capital and Xiaogan Gaochuang Investment. 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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MTR Lab is engaged in corporate venture capital and innovation investment.
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Founded Year | Domain | Location | |
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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 Shengsheng 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 - Shengsheng 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 |
Shengsheng Technology Comparisons
Competitors of Shengsheng Technology
Shengsheng 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 KONUX, MERMEC Group, ifm, Dong Woon Anatek and L2M Rail, 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 |
Provider of smart sensors and AI-enabled data analytics tool for railways
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| domain | founded_year | HQ Location |
Tech-enabled maintenance and management solutions for rail operators are provided.
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| domain | founded_year | HQ Location |
Developer of sensors and sensing network devices for industrial monitoring needs
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| domain | founded_year | HQ Location |
Analog and power driver ICs are developed for various applications.
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| domain | founded_year | HQ Location |
AI and cloud-enabled platform offering comprehensive rail operations maintenence and management solutions
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| domain | founded_year | HQ Location |
Sensor-based inspection solutions for rail infrastructure are developed.
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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 Shengsheng Technology
Frequently Asked Questions about Shengsheng Technology
When was Shengsheng Technology founded?
Shengsheng Technology was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Shengsheng Technology located?
Shengsheng Technology is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Is Shengsheng Technology a funded company?
Shengsheng Technology is a funded company, having raised a total of $22.9M across 4 funding rounds to date.
What does Shengsheng Technology do?
Online acoustic and asset vibration monitoring solution for multi-industry applications. It develops acoustic monitoring solutions for the Internet of Things. Its core technology relies on noise in mechanical motion in real time. The collected data is stored in a diagnostic database which then uses artificial intelligence and deep learning to diagnose the same in an unknown working environment. The products include whistle monitoring, fault monitoring, and low altitude monitoring that offers features such as tools to capture the illegal whistle vehicle in real time and generate images or video transmissions to the background management platform for providing evidence of violations, real-time monitoring, and detection of faults in large equipment and tools for identifying and locating the target vehicles and low-altitude aircraft in the controlled area.
Who are the top competitors of Shengsheng Technology?
Who are Shengsheng Technology's investors?
Shengsheng Technology has 8 investors. Key investors include MTR Lab, October Capital, Xiaogan Gaochuang Investment, China Mobiles Beijing China Mobile Digital New Economy Industry Fund, and Yecao Ventures Wait.