Shulou(Shulou.com)11/24 Report--

It is reported that Beijing Mad King Technology Co., Ltd. announced the completion of a new round of financing, the investor is the Penglong Fund of Chongqing Tongliang Industrial Fund. Prior to this, Mengjing Science and Technology has successively received institutional investment from ZhenFund, Xiaomi Group, Shunwei Capital, Shangshi Capital, Eagle Fund, Zhongguancun Dahe Capital, Investment Fund, and Oniu Capital, with a total financing amount of nearly 100 million yuan. Mad King Technology said that this financing will mainly be used to expand the scale of production and marketing and expand overseas markets.

Mad King Technology was founded in April 2015 and became a Xiaomi ecological chain enterprise in August of the same year. It is a national high-tech enterprise and a special new enterprise specialized in Beijing, with more than 100 authorized patents at home and abroad. The team is led by Dr. Huang Yetao, who has obtained the leading talent of high-end entrepreneurship in Zhongguancun, and the company focuses on visual imaging intelligent electronic products. Create a low-power AI camera module and large model natural interaction software based on intelligent hardware AIOT technology chassis, and rapidly expand to a number of product forms and industries. Mad King not only has solid technical strength in product design, but also integrates more advanced aesthetic concepts and design sense to enhance user experience. The cool techs product "Mijia Panorama camera" developed by Mad King Technology won the 2017 German IF Design Gold Award, becoming one of the 75 products in the world. In 2018, the new Mad King technology brand "Ding Zero Dlingsmart", the first product AI intelligent video doorbell released in the same year, won 8 million yuan of crowdfunding. The Ding Zero brand is highly praised for its excellent product quality and the world's first industrial design, and its products have won many international awards, including the German Red Dot Award, the German IF Award, the Japanese Fine Design Award and the American Muse Award.

Mad King Technology adheres to the technological innovation-driven product innovation, and finds the new track with unsatisfied users' pain points. Its global brand currently covers security home, 3C digital, pet parent-child and other areas, sold in more than 30 countries around the world, and has become the choice of millions of users.

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