Cloud Service Firm Realibox Raises CNY 100 Mn from Series A financing round

Technology Author: 亿欧全球 Editor: Boying Ji Sep 29, 2022 12:05 PM (GMT+8)

Realibox(Chinese:引力波), a cloud-native 3D digital assets' entire lifecycle collaborative platform provider, announced its Series A financing round worth CNY 100 million(USD 13.9 million), with participation by Chengwei Capital, GL Ventures, Vision Capital, and Kaitai Capital.

Cloud Service

Realibox(Chinese:引力波), a cloud-native 3D digital assets' entire lifecycle collaborative platform provider, announced its Series A financing round worth CNY 100 million(USD 13.9 million), with participation by Chengwei Capital, GL Ventures, Vision Capital and Kaitai Capital. Existing shareholder Wondershare also participated.

The money will be used for product technology research and development iteration, application scenario expansion, market expansion and team building.

Zhao Junjie, the founder and CEO of Realibox, said that they hope to further serve advanced manufacturing and consumer manufacturing industries, further expand the application scenarios between design and supply chain, design and suppliers, design and a wider range of external collaborators, and build a new industrial software product system with Chinese characteristics.

The diversity and complexity of consumer products bring challenges in design, engineering, manufacturing, procurement, supply chain, and so on to manufacturing enterprises. Therefore, new product platform solutions are needed to transform the diversity and complexity of products into sustainable competitive advantages for enterprises.

Realibox uses 3D design and collaboration as an entry point. With the help of 3D data, the whole process of product design, collaborative supply chain, marketing, manufacturing and service can be opened up, which facilitates team collaboration to shorten product time-to-market and achieve business upgrading and innovation.

Realibox's international competitors include Oracle(America) and ServiceNow(America) and domestic ones include Alibaba Cloud(Chinese:阿里云),Yonyou(600588.SH, Chinese:用友网络), and Tsinghua Unigroup(000938.SZ, Chinese:紫光股份)