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Chuangmi Technology
Chuangmi Technology is a High-tech enterprise in the field of smart home
About Chuangmi Technology
Shanghai-based Chuangmi Technology, operating under the brand name IMILAB, was established in 2014 as an Internet of Things enterprise focused on the smart home sector. The founding team comprises individuals with backgrounds from major technology companies like Microsoft, IBM, and Samsung. In its first year, the company became an early member of the Xiaomi ecological chain, concentrating on integrating artificial intelligence and deep learning into home appliances. A significant milestone was achieved in 2015 when revenue surpassed 100 million, and the company introduced what it called the world's first voice-controlled IP camera. The independent IMILAB brand was officially launched in 2017, and by 2019, its distribution network had expanded to over 60 countries. That same year, a successful crowdfunding campaign for its EC2 security camera raised $600,000, and the company's operating income exceeded one billion RMB.
The company's business revolves around the development and sale of smart home products, operating as a direct-to-consumer electronics brand. Its target market consists of small families and small to medium-sized businesses seeking accessible, plug-and-play security solutions. Revenue is generated through the direct sale of hardware, which has been distributed to over 150 countries. A key aspect of its business model is offering advanced features, such as motion-triggered alerts and local storage, without requiring a monthly subscription, a differentiator from some competitors. IMILAB has formed strategic partnerships with Mihome (part of the Xiaomi AIoT Ecosystem) and Aliyun (part of the Alibaba AIoT Ecosystem) to expand its reach.
IMILAB's product portfolio is centered on smart home security, offering a range of indoor and outdoor cameras, smart video doorbells, and smart watches. Indoor camera models like the C21 and C30 feature capabilities such as 2.5K resolution, human and sound detection, 360-degree auto-cruise, and compatibility with Amazon Alexa and Google Home. The outdoor camera line, including the EC5 and EC6 models, provides features like 2K resolution, 360-degree human tracking, color night vision, and IP66 weather resistance. A distinguishing product is the EC6 Dual camera, which uses two lenses to monitor two different angles simultaneously. The company's products are managed through the IMILAB Home app, and many devices also integrate with the Xiaomi Home app.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Huangpu, China
- Open positions
- None listed
- Dealroom signal
- 18.3/100
- Industry
- Home Living
- Sector
- Home Living, Smart Home
- Client focus
- b2b, b2c
- Investment activity
- 1 company, latest Apr 2024
- Capital deployed
- $0
- Preferred round
- LATE VC
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BEquity / VC | Apr 2021 | $0 | — | Undisclosed | — |
| SERIES A✓Equity / VC | May 2019 | $14M | $58M | Joyoung · Yi Capital | — |
Growth signals
Latest recorded traffic for Chuangmi Technology is 14K monthly website visits, down 22.2% over the last three months.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Joyoung
Yi Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Chuangmi Technology 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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