laitimes

Fengtan Robotics completed the Pre-A round of financing, GLP China's new round of fund raised 3 billion yuan, and the agency predicts that China's smart home shipments will resume growth in 2024 PropTech Weekly Issue 88

author:36 Krypton

PropTech Weekly is an original feature of 36Kr Future City Channel. Focusing on the technology and innovation forces that are transforming the real estate industry, not only around residential and commercial real estate, but also in the broader sense of space and real estate-based technology and service innovation.

This is the 88th issue of PropTech Weekly, which summarizes the latest investment, financing, market and policy developments at home and abroad. If you are interested in the companies, institutions, products, and tracks mentioned in this article, or are engaged in related entrepreneurial innovations, and want to seek reports or cooperation, please contact us: send an email to [email protected] or add the author's WeChat at the bottom of the article.

Important news tips

36Kr debut|Fengtan Robot completed 10 million Pre-A round of financing;

GLP China 11th Income Fund Completed Financing;

Skyline Robotics, an Israeli developer of intelligent robots, raised $9.8 million;

Industry Policy | IDC expects China's smart home device shipments to increase by 6.5% year-on-year in 2024.

01

36 Krypton starters

Fengtan Robotics completed the 10 million-level Pre A round of financing

Fengtan Robot, a construction robot company, recently completed a 10-million-level PreA round of financing, which was exclusively invested by Kunzhong Capital, and the funds will be used for R&D, manufacturing and commercialization. Founded in May 2022, Fengtan Robot focuses on the R&D, production and sales of construction robots, and its main product is an indoor spraying robot with the integrated function of putty and latex paint. The product has completed the batch project construction verification and reached small-scale mass production, and has tens of millions of customer orders, more than 20 project applications, and a construction area of 300,000 square meters.

After a series of preliminary research and technical pre-research, Fengtan Robot took the lead in launching indoor spraying robots with standardized large-scene spraying construction as the entry point. On the one hand, the overall market space of indoor spraying is large, and the working surface is continuous, which is suitable for large-scale construction; on the other hand, Fengtan Robot focuses on public buildings and commercial buildings in subdivided scenarios, with relatively large working surfaces and high floors, and machine substitution can bring significant efficiency improvements.

Youyi New Materials has received tens of millions of yuan in Pre-A round of financing, focusing on new high-temperature coating materials

Shenzhen Youyi Material Technology Co., Ltd. (hereinafter referred to as "Youyi New Material") announced the completion of tens of millions of yuan in Pre-A round of financing, with Yunhao Capital and Bozhong Fund as the investors, and Saiwei Capital as the financial advisor for this round of financing. Founded in 2020, "Youyi New Materials" is a company focusing on high-temperature functional coating materials, mainly solving the safety and economic problems existing in the operation of high-temperature equipment in the high-temperature industrial field. The high-temperature industries it focuses on include thermal power generation, waste incineration, petrochemical industry, steel smelting, tempered glass, electrolytic aluminum and other fields.

At present, "Youyi New Materials" has landed more than 30 projects, and has cooperated with Shenzhen Energy Baoan, Shenzhen Energy East, Huadian Xigang and other enterprises, and has been recognized by leading customers in the industry. Founder Dai Lei said that it is expected that the revenue of "Youyi New Materials" will reach more than 30 million in 2023, and it is expected to reach 120 million next year. In the next step, the company will deepen its cultivation in the two fields of thermal power generation and waste incineration power generation, and gradually expand the application scenarios to the whole field of high-temperature industry.

02

Large company dynamics

GLP China 11th Income Fund was raised, with an investment scale of RMB 3 billion

On December 25, GLP Capital GCP, the investment and asset management platform of GLP, announced the completion of the fundraising of the latest China income fund (GLP China Income Fund XI, CIF XI), with an investment scale of 3 billion yuan. The fund's investors are a leading insurance institution in China and GLP's existing investment partner. GLP Capital GCP acted as the fund manager and asset manager.

The fund plans to invest in four stable modern logistics infrastructure locations in core logistics hubs such as Shanghai, Jinan and Harbin, with a leasable area of about 540,000 square meters, mainly serving auto parts, pharmaceutical, e-commerce and third-party logistics enterprises, helping customers reduce costs and increase efficiency with intelligent asset management and operation, and empowering customers' sustainable development through ESG initiatives. Another major feature of the park that the fund intends to invest in is the rooftop photovoltaic power generation system, charging and swapping infrastructure and other new energy facilities, and the park also applies a series of measures such as energy-saving and environmental protection technologies and intelligent carbon emission management systems to continuously promote carbon reduction and carbon reduction in operations. Through intelligent and zero-carbon asset management and operation. At present, GLP Capital GCP's onshore fund assets under management have reached 145 billion yuan.

03

Overseas markets

Skyline Robotics, an Israeli developer of intelligent robots, has raised $9.8 million in Pre-A2 financing

Skyline Robotics raised $9.8 million in a Pre-A2 funding round. The round was led by Standard Skyline, with participation from Durst Ventures, the venture capital arm of the Durst Organization, among others.

Skyline Robotics is an Israeli intelligent robot developer, focusing on the research and development, production and sales of high-altitude window cleaning robots, and is used for regular cleaning of outdoor high-rise windows and other tasks, and is committed to providing relevant intelligent cleaning equipment and services for industry users.

04

Industry policy

IDC expects China's smart home device shipments to increase by 6.5% year-on-year in 2024

IDC released a report saying that in 2023, China's smart home market will face the dual challenges of the macro consumption environment and its own development cycle, and the growth rate of scale will slow down, but the market has not stopped the pace of upgrading and adjustment. IDC predicts that China's smart home market demand will gradually pick up in 2024, and device shipments will increase by 6.5% year-on-year.

IDC summarized and gave ten insights into China's smart home market in 2024 in terms of the ecological pattern, technology trends and consumer demand of the overall market development in the future: the ecological integration of smart home will develop vertically and deeply, and the degree of device linkage will gradually deepen. IDC predicts that in 2024, the proportion of interconnection platform access in China's smart home device market will be 76%, roughly the same as that of the same period last year. The localization of AI capabilities will improve the privacy protection capabilities of smart home devices. IDC predicts that by 2024, 2% of smart cameras will have local facial recognition capabilities, helping to alleviate users' privacy and security concerns.

The Hangzhou Municipal Government signed a deepening strategic cooperation agreement with Huawei

On December 20, the Hangzhou Municipal Government signed a deepening strategic cooperation agreement with Huawei Technologies Co., Ltd. It is reported that three years ago, the two sides signed a strategic cooperation agreement to cooperate in Kunpeng industrial ecology, 5G industrial application development, and new smart cities.

It is understood that Huawei will take root in Hangzhou with more new industries, new projects, and new entities, promote high-level scientific and technological self-reliance and self-improvement with the government, build a world-class intelligent IoT industrial cluster, explore digital governance system solutions for megacities, and accelerate the promotion of new industrialization.

Author|Song Hongshan

Scan the code to add the group, please note the company, position, and name

Read on