Zhihe Technology

About Zhihe Technology

Nanjing Zhihe Electronic Technology Co., Ltd. is a high-tech company focused on the Internet of Things (IoT) for the construction industry, aiming to enhance construction efficiency. The company's primary product, "Mechanical Commander," launched in 2019, is an IoT management solution for construction machinery. It features advanced shift and fuel management technology, providing clients with comprehensive information management systems.

Founded by Liu Zhaogrape, the company has seen significant growth and investment. In December 2021, Zhihe Technology announced the completion of its Series A+ and Series B financing rounds, totaling over 100 million yuan. The Series A+ round was led by Dongfang Fuhai, and the Series B round was co-led by Qingsong Fund and CPE Yuanfeng. This capital was intended for market team expansion and new product investment.

The company serves a substantial client base that includes over 600 central enterprises and large local state-owned enterprises, such as various bureaus of China Railway, China Power Construction, Shandong Expressway, and Guizhou Road and Bridge. By the end of 2021, the "Mechanical Commander" system had sold more than 100,000 sets.