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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