Passion IoT Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $14M

  • Investors
  • 7

Passion IoT General Information

Description

Provider of intelligent manufacturing solutions intended to serve the IoT industry. The company provides smart warehousing equipment, smart logistics equipment, industrial software, and IoT terminal equipment to businesses in various industries including 3C (computers, communications and consumer electronics), automotive, military electronics, and home appliances.

Contact Information

Website
www.passioniot.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Building B, No.28 Heshun Road
  • Suzhou Industrial Park
  • Suzhou, Jiangsu 215000
  • China
+86 400
Primary Industry
Machinery (B2B)
Other Industries
Business/Productivity Software
Vertical(s)
Advanced Manufacturing, Robotics and Drones, Internet of Things
Corporate Office
  • Building B, No.28 Heshun Road
  • Suzhou Industrial Park
  • Suzhou, Jiangsu 215000
  • China
+86 400

Passion IoT Timeline

2022202320242025
Financing Round

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Passion IoT Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 04-Jan-2024 $14M Completed Generating Revenue
5. Later Stage VC 10-Jul-2023 Completed Generating Revenue
4. Later Stage VC (Series B) 13-Feb-2023 Completed Generating Revenue
3. Later Stage VC (Series A) 27-Dec-2021 Completed Generating Revenue
2. Later Stage VC 29-Sep-2021 Completed Generating Revenue
1. Later Stage VC 06-Aug-2021 Completed Generating Revenue
To view Passion IoT’s complete valuation and funding history, request access »

Passion IoT Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Anhui Chuanggu Equity Investment Fund Management Growth/Expansion Minority
Anhui Guokong Capital Asset Manager Minority
China Capital Management Growth/Expansion Minority
SAIF Partners Growth/Expansion Minority
Yinxinggu Capital Venture Capital Minority
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Passion IoT FAQs

  • When was Passion IoT founded?

    Passion IoT was founded in 2014.

  • Where is Passion IoT headquartered?

    Passion IoT is headquartered in Suzhou, China.

  • What industry is Passion IoT in?

    Passion IoT’s primary industry is Machinery (B2B).

  • Is Passion IoT a private or public company?

    Passion IoT is a Private company.

  • What is Passion IoT’s current revenue?

    The current revenue for Passion IoT is .

  • How much funding has Passion IoT raised over time?

    Passion IoT has raised $43.6M.

  • Who are Passion IoT’s investors?

    Anhui Chuanggu Equity Investment Fund Management, Anhui Guokong Capital, China Capital Management, SAIF Partners, and Yinxinggu Capital are 5 of 7 investors who have invested in Passion IoT.

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