Shexu Technology, an industrial AI generative design software and solution provider, has recently completed nearly 100 million yuan in A+ round financing. This round of financing was led by Amoeba Capital, Yonghui Investment, and existing shareholder Lenovo Ventures, and will be mainly used for the expansion of new business scenarios, product research and development, and market sales.
Founded in 2020 and headquartered in Shanghai, Shexu Technology, with its self-developed AIGE (Engineering) data structure, leverages AI technology to greatly improve efficiency and quality in industrial design, simulation, and manufacturing. In the design phase of industries such as automotive, the company uses AI models to empower and solve complex problems faced by design engineers in model building and collaboration.
Shexu Technology’s AI tools can understand engineers’ inputs, and automatically generate and adjust design sketches. The founder Wu Yongrong stated that their AI products can generate hundreds of sketches within minutes, increasing design efficiency by tenfold, and significantly shortening delivery cycles.
The company’s core product, “Flash Design,” is an industrial intelligent generative design software with intelligent generation and interaction features, and supports cloud architecture. It has been applied in several industries including automotive and aviation, and there are plans to further expand its industry applications this year.
In terms of technological iteration, Flash Design is constantly improving the quality of generative models and algorithm performance based on big data and industry scenarios, and optimizing user command input through large natural language models to enhance the interactive experience.
Unlike traditional industrial software, Shexu Technology products significantly reduce the tediousness of manual operations and lower the cost of local deployment through cloud technology, facilitating real-time collaboration. In terms of business model, the company primarily provides B2B services, offering integrated design solutions and software products to automotive and aerospace manufacturers, and standardized software products for small and medium-sized enterprises.
Since 2021, Shexu Technology’s revenue has doubled every year. With the backdrop of a trillion yuan Chinese automotive equipment market and an aerospace equipment market exceeding a hundred billion, the market potential is enormous. Dr. Wu Yongrong, who has 10 years of experience in the automotive industry and has worked for General Motors in the United States and served as an AI smart manufacturing expert for NIO, leads Shexu Technology. The team members have rich backgrounds in intelligent manufacturing and AI algorithm research and development.
Investor perspective: Wang Donghui, founding and managing partner of Amoeba Capital, deeply explained the impact of large-scale artificial intelligence models, suggesting that the rise of this technology marks the transformation of AI from a simple efficiency enhancement tool into an integral part of productivity. Amoeba Capital has been committed to exploring the application of artificial intelligence in various industries, especially in manufacturing. They believe that large models will bring higher AI application efficiency in industrial environments, solving previous difficulties, and ultimately making AI an indispensable new productive force within the industry.
He further pointed out that Sequence Technology, with its profound experience in industrial design and rapid adoption of new technologies, has significantly improved design efficiency in the automotive, aviation, and energy sectors. As products evolve from single categories to diversified, the company is expected to soon step onto a new stage of development, making AI design widely accepted in the manufacturing market and becoming a fundamental capability for the next generation.
Lenovo Group’s Senior Vice President and President of Lenovo Capital and Incubator Group, He Zhiqiang, shared his insights: “AI is serving as the engine of industrial innovation, reshaping the ecosystem of the software industry. Sequence Technology, with its powerful AI technology and independently developed AIGE data structure, has greatly enhanced the design process efficiency in the automotive and manufacturing industries. Lenovo Capital and Incubator Group will continue to support Sequence Technology, providing the necessary ecosystem resources to help industrial design and manufacturing develop and enhance productivity across the entire industry chain.”
Yeung Kei Investment’s Executive Director Tang Zheng also expressed his recognition. He stressed that Sequence Technology has a solid AI research and development background and industrial knowledge, capable of effectively addressing a series of issues in industrial CAD design with their “AI generative design” solutions, such as long cycles, low efficiency, high costs, and lack of innovation. He believes that Sequence Technology will play an important role in the trend of AI and industrial integration, working together with other portfolio companies of Yeung Kei Investment to enhance efficiency across the entire industry chain, reduce costs, and drive transformation and upgrades towards a green and sustainable path.
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