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Ainnovation

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Offers products and services based on artificial intelligence to different companies

Haidian, ChinaFounded 2018AI
Valuation $1–2.5B Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
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About Ainnovation

AInnovation, officially known as Qingdao AInnovation Technology Group Co., Ltd., is an enterprise AI solutions provider established in February 2018. The company was co-founded by Hocking Xu (Xu Hui), who serves as the CEO and has over two decades of experience in the AI industry. A significant milestone for the company was its official listing on the Hong Kong Stock Exchange on January 27, 2022, under the stock code 2121.HK, marking it as the first "AI+Manufacturing" stock on the exchange.

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The company operates on a "technology & products" plus "industry scenarios" dual-wheel-drive business model. It provides full-stack AI products and solutions, encompassing AI platforms, algorithms, software, and AI-enabled equipment to enterprise clients. The primary objective is to enhance operational efficiency, increase business value, and facilitate the digital transformation of its customers. AInnovation focuses its services on the manufacturing and financial services sectors, with applications in steel metallurgy, automotive equipment, panel semiconductors, and for financial institutions. By 2020, it was recognized as the largest AI technology-driven provider of manufacturing solutions and the third-largest enterprise AI solution provider in China by revenue.

AInnovation has developed a suite of proprietary AI platforms, including the ManuVision intelligent machine vision platform, the MatrixVision intelligent edge video platform, and the Orion distributed machine learning platform. More recently, the company launched the "AInnoGC" industrial large model product matrix. This includes the AInno-15B industrial large model and a series of generative AI applications like ChatRobot for industrial robot task orchestration, ChatBI for private data analysis, and ChatDoc for enterprise knowledge Q&A. In March 2025, it released the AI Agent platform, designed for developing enterprise-grade intelligent agents within the manufacturing sector.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Haidian, China
Employees
35
Open positions
None listed
Dealroom signal
71.5/100
Industry
Enterprise Software
Sector
AI, Core AI, Became $1B as Subsidiary, Hard Tech, AI Applications, DT and LS
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Jun 2021 — $1B SoftBank —
SERIES COther financing Dec 2020 — $1B CICC Alpha · Huaxing Growth Capital · Riverhead Capital · GuoHe Capital —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Ainnovation website traffic

Latest recorded traffic for Ainnovation is 120 monthly website visits, down 92.5% over the last three months. Ainnovation's team grew 0% over the past year.

Latest monthly visits120 3-month web change-92.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

Series B and later4 investors entered at this stage

  • Huaxing Growth Capital
  • Riverhead Capital
  • GuoHe Capital
  • SoftBank
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ainnovation on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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