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Mogu IoT raises ¥200M in Series C funding led by Yunhui Capital. The funds will enhance their AI solutions for energy efficiency.

PRIVATESep 04, 20263 days ago

Amount Raised

¥200 Million

Round Type

Series C

Guangzhou CityEnergyArtificial IntelligenceMachine Learning

Investors

Yuanhe OriginYunhui Capital

Description

Mogu IoT, a Guangzhou-based industrial AI company, raised nearly 200 million yuan in its Series C funding round. This round was led by existing shareholder Yunhui Capital, with Yuanhe Origin also participating. The capital will further develop their Lingzhi AI model and its AI agents for industrial efficiency. Founded in 2016, Mogu IoT focuses on helping enterprises optimize energy consumption through intelligent data analysis.

Company Information

Company

Mogu IoT

Location

Guangzhou City, Guangdong, China

About

Mogu IoT is a Guangzhou-based industrial AI company specializing in energy efficiency solutions. The company utilizes AI to monitor and optimize energy usage for industrial equipment across various sectors. Founded in 2016, it has evolved from equipment connectivity to industrial SaaS, focusing on physical AI. Mogu IoT serves over 6,000 enterprises, helping them manage over 260,000 energy devices to enhance efficiency.

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