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Milestone | GETech Secures Series A Funding from Yunfeng Capital, Accelerating Industrial Internet Platform Construction

2020-06-02




June 2020, GETech secured Series A funding from Yunfeng Capital. GETech leverages TCL's nearly 40 years of manufacturing experience and Yunfeng Capital's industry resources to grow rapidly, helping upgrade China's manufacturing industrial Internet in broader markets.


In 2018, TCL strategically incubated GETech to integrate and output its years of practical experience in advanced manufacturing, helping Chinese manufacturers accelerate into the industrial Internet era and upgrade from Made in China to Smart Manufacturing.

Yunfeng Capital, founded in 2010 by Alibaba Group founder Jack Ma and Focus Media founder Yu Feng, along with other industry leaders and successful entrepreneurs, emphasizes an entrepreneurial spirit. Beyond funding, it helps portfolio companies in strategy, management, and branding, focusing on nurturing young entrepreneurs and future leaders.

Zhu Yikai, partner at Yunfeng Capital, stated: "Yunfeng focuses on industrial manufacturing opportunities under the industrial Internet trend, aiming to integrate technologies from invested areas like cloud services, big data, and AI into an ecosystem. TCL is a globally influential leader in AI, internet applications, and semiconductors, with a manufacturing-tech DNA. GETech is a top industrial Internet company in China with R&D strength, market mechanisms, focused strategies, and efficient business expansion. This collaboration is a key step for Yunfeng in the industrial Internet sector, and we look forward to future partnerships with TCL.""

Regarding future directions, GETech CEO He Jun said: "Yunfeng Capital and TCL share the goal of building the most influential industrial Internet company. GETech, standing on the shoulders of these giants, will enhance its capabilities, develop excellent products, advance AI, big data, and cloud computing in manufacturing, and expand China's industrial Internet ecosystem.""


| Building a "Production-Site-Oriented" Industrial Application Intelligent Platform

GETech focuses on developing a "production-site-oriented" industrial Internet platform, integrating AI, big data, and cloud computing to create the Dongzhi Industrial Application Intelligent Platform, a new-generation APaaS platform. Based on this, it offers applications like Equipment Health Management, Tianshu AI Visual Inspection System, and MFA Multi-Factor Analysis Tool for equipment optimization, quality improvement, and energy reduction. The MFA Multi-Factor Analysis APP won the "MIIT 2019 Excellent Industrial Internet APP Solution" award.


MIIT Chief Economist Wang Xinzhe and Guangdong Vice Governor Chen Liangxian listening to He Jun introduce the Dongzhi Platform

The platform is now used in semiconductors, 3C electronics, 5G communications, auto parts, etc., providing end-to-end solutions from edge data collection to top-level application development.

GETech aims to create universal technical solutions to serve more industries. Over two years, the platform has accumulated industrial mechanisms, algorithms, and models, forming a complete industrial intelligent optimization system with "data + computing power + algorithms" for knowledge reuse. It also supports an "Industrial Geek" program with microservices and low-code/ no-code modules, enabling engineers without IT skills to customize products, speeding up smart application deployment.


| Future Focus: End-to-End Solutions for Data Monetization

GETech emphasizes data value creation. Common client needs include data-driven innovation and flexible app development. On May 29, GETech launched Dongzhi Platform 2.0, enhancing data collection, storage, analysis, and prediction capabilities for better end-to-end data monetization solutions.


Dongzhi Industrial Application Intelligent Platform 2.0 Architecture

Platform 2.0 achieves breakthroughs in technology, architecture, and algorithms. Its industrial model library has over 50 types and 5,000+ models, supporting 300+ standard and self-developed algorithms. It also aids the "Industrial Geek" ecosystem, allowing engineers to connect devices in 1 minute, build virtual entities in 5 minutes, set alarm rules in 10 minutes, and complete data modeling and analysis in 1 hour.

With the rise of digital and smart manufacturing transformation, GETech will continue focusing on production sites, data value mining, and building a new-generation industrial Internet platform to achieve smarter industry and upgrade from Made in China to Smart Manufacturing.

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