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AcKaM
Intelligent Management and Equipment Manufacturing of Steam Energy
About AcKaM
AcKaM (Jiangsu) Industrial Technology Co., Ltd. operates as a specialized manufacturer and service provider in the steam energy sector. Established on April 10, 2007, the company focuses on creating steam energy-saving equipment and delivering comprehensive thermal energy management solutions. Its production facility is strategically located in the National High-end Equipment Manufacturing Industry Demonstration Base in the Changzhou Economic Development Zone.
The company was founded by Chen Zhenxiang, who brings a blend of academic and practical experience to the firm, holding an international MBA from Peking University alongside extensive experience in fluid equipment research and development. This background in project management and sales within multinational corporations has shaped the company's direction. Since its formal operations began in 2018, following its initial establishment in 2007 for hardware production, AcKaM has secured significant funding, including an Angel round in April 2018, a 30 million RMB Series A in February 2020 led by Northern Light Venture Capital, and a nearly 100 million RMB Series B in May 2022, co-led by ZWC Partners.
AcKaM's business model is centered around an integrated offering of "hardware + management platform + new materials". The company self-develops and produces a range of hardware, including desuperheating and decompression devices, heat exchange units, condensate recovery systems, and various steam traps. These products are complemented by a proprietary Steam System Energy Management SaaS platform, which enables intelligent data collection and analysis to monitor key metrics like energy flow, leakage rates, and equipment efficiency. A distinct offering is the company's self-developed nano thermal insulation coating, which provides superior heat suppression compared to traditional materials. The business serves a wide array of industries that are major consumers of industrial steam, such as power generation, petrochemicals, and pharmaceuticals, providing them with one-stop project solutions that include 2D/3D design and installation services.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2022 | $14M | $55M | Guide Venture Capital · Eastern Bell Venture Capital | ↗ |
| OtherOther financing | Jan 2019 | $0 | — | NLVC | ↗ |
Growth signals
Latest recorded traffic for AcKaM is 610 monthly website visits, down 93.5% over the last three months. AcKaM's team grew 0% over the past year.
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Investors
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Series A2 investors entered at this stage
Eastern Bell Venture Capital- GCGuide Venture Capital
Other known investors1 additional known investor
NLVC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
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