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Industrial Internet Solutions Provider Allsense Completes RMB 8-digit Pre-A

36Kr.com, 8/15/18

Shanghai-based industrial Internet solutions provider Allsense Technology recently announced completion of RMB 8-digit pre-Series A funding led by Beijing-based Mingshi Hexun Capital Management (FutureCap) with participation by US-based Linear Venture and Shenzhen-based Green Pine Yuanwang Asset Management.

Allsense's industrial Internet solutions focus on production processes. Its basic model entails applying smart upgrades to industrial equipment, product lines, and production processes, collecting data and transmitting it securely to a cloud terminal, using cloud-based production digital models to analyze data, and using analysis results to optimize production processes. The company has mainly developed solutions for the thermal energy, textile, and apparel industries to date.

Allsense's "Allsmart" industrial Internet product line is platform-based, plugin-ready, and highly configurable. In terms of platforms, the system provides low-level industrial Internet big data infrastructure to support platform as a service (PaaS) deployments. In terms of plugin capabilities, different SaaS functional applications for different industries can be easily incorporated into the system. In terms of configuration, the system can be configured to provide customized functionality to meet the needs of different clients.

Keywords: VC Allsense Internet funding Green Pine Platform as a Service Linear Venture FutureCap industrial internet Green Pine Yuanwang Software as a Service angel funding

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