BlueRun Ventures Leads Angel Round of Tens of Millions of RMB for Smart Vision Hardware Company "Dunjia Technology" | BlueRun Ventures

Building an integrated hardware-software product and service ecosystem for home-based intelligent vision AIoT

Hangzhou-based smart vision hardware company Dunjia Technology has completed a tens of millions of RMB angel round, led by BlueRun Ventures with Lenovo Capital and Incubator Group participating. The company's facial recognition smart lock, the DLOCK30 Pro, has already entered mass production and hit the market.

BlueRun Ventures stated: "The Dunjia Technology team brings deep expertise and experience in building smart vision technology platforms and product R&D. We believe smart devices will see explosive penetration growth across all scenarios. As Dunjia Technology's first investor, we have confidence the team can become a leading smart home product company in China."

Founded in 2019, Dunjia Technology is a technology innovation company focused on consumer smart vision hardware. Leveraging industry-leading ISP image algorithms, CNN facial recognition technology, vein reflection recognition, system-level optimization, and cloud platform solutions, Dunjia has built an integrated hardware-software AIoT product and service system for consumer smart vision, providing complete solutions for core scenarios in the consumer smart vision IoT space — using vision technology to safeguard better living.

This funding round will primarily go toward product R&D, supply chain development, and sales channel building. The team will further develop its technology platform, strengthen product and technical moats, build industry-leading innovative products, and advance deep partnerships with major domestic and international manufacturers. At the same time, Dunjia Technology is stepping up recruitment of top talent in relevant fields to refine its organizational structure, build out its product and service system, and actively expand its domestic and overseas market presence.

According to an iResearch report, China's consumer smart vision product market is expected to reach 53.3 billion RMB in 2022. As consumer smart vision further integrates with smart home products, the market will continue rapid growth. However, current domestic smart vision products and visual technology capabilities remain limited, restricting application scenarios and resulting in mostly single-function, mid-to-low-end offerings. Dunjia Technology's integrated hardware-software consumer smart vision AIoT product and service system, built on leading vision technology, has substantial market potential.

Dunjia Technology's core team has spent years in the vision technology space. By integrating industry resources and sustaining R&D investment, the company aims to use smart vision locks as a physical entry point to unlock the broader smart IoT ecosystem — achieving scenario connectivity, digitization of the physical world, intelligent data processing, and intelligent service delivery — thereby building an evolving business model progressing from hardware sales to solution sales to service sales.

For home security smart vision applications, Dunjia Technology's facial recognition smart lock DLOCK30 Pro targets pain points in residential scenarios. In Q2 this year, the DLOCK30 Pro completed mass production and met expected sales targets. For facial unlock speed, the DLOCK30 Pro completes recognition in just 1.8 seconds, making AI truly imperceptible. Its system-level security design includes IK10 security certification, C-grade lock cylinder, anti-cat-eye unlocking, anti-tesla coil attack protection, abnormal alert, local storage of privacy-sensitive data, and encrypted channel secure transmission — making security more robust. Going forward, Dunjia Technology will gradually launch cutting-edge products extending to more scenarios.

Dunjia Technology founder and CEO Jie Zhang said: "The essence of the world is energy and information. The trend of using information to replace energy in reconstructing human society is unstoppable. Humans interact with the world through the six senses — sight, hearing, smell, taste, touch, and mind. The root technologies that can extend, empower, and elevate these 'six roots' are indispensable bridges between people and the world of information. And the innovative products built with these root technologies will become new 'organs' that people depend on. Dunjia Technology is committed to continuously creating these products, enabling people to more happily experience each new day of the world."

Further Reading

BlueRun Ventures continues backing, "WhaleOps" raises additional tens of millions of RMB | BlueRun Ventures

BlueRun June Report | Hope is a sweet waiting

BlueRun Ventures leads angel round, mobile energy service provider "Lanli Energy" raises tens of millions of RMB | BlueRun Ventures

BlueRun Ventures co-invests, "One Small Universe" completes consecutive angel and angel+ rounds totaling tens of millions of RMB | BlueRun Ventures

BlueRun Ventures Quarterly Investment Overview | 2022 Q2

BlueRun Ventures was established in Silicon Valley in 1998. BlueRun Ventures China was founded in 2005 and is a venture capital firm focused on early-stage startups.

Currently, BlueRun Ventures China manages multiple USD and RMB dual-currency funds, with assets under management exceeding 15 billion RMB, making it one of the largest early-stage funds in China. The firm invests primarily at Pre-A and Series A stages, covering hard tech and innovative interaction, enterprise technology, new consumption, and healthcare. It has cumulatively invested in over 150 startups, including Li Auto, Waterdrop, QingCloud, Guazi.com, Qudian, Songguo Mobility, Ganji.com, Energy Monster, Yuntion Semiconductor, Machenike, YunSheng Intelligence, Anxin Network Shield, and BioMap.

BlueRun Ventures has been ranked #1 on Zero2IPO's "China Top 30 Early-Stage Investment Institutions" and ChinaVenture's "China Best Early-Stage Venture Capital Institutions TOP30," and was named among Preqin's Top 10 VC fund managers globally for sustained high returns.

Additionally, BlueRun Ventures has received consecutive honors from Forbes China, 36Kr, Cyzone, Caixin Media, CBNweekly, Jiemian, and other media outlets, including "China's Best Early-Stage Firm of the Year," "China's Top Venture Capital Firm," "Most Entrepreneur-Friendly Early-Stage Firm of the Year," and "Most Influential Early-Stage Firm of the Year."