Code Moment | DeepWise Closes Tens of Millions in Strategic Funding Round, Source Code Capital Leads Pre-A+ Round
Dedicated to core "chip" products for world-class deep energy-efficiency intelligent control
#MaKe Key Updates from Source Code Capital and MaHui Members
Recently, DeepWise, an industry-leading deep energy-saving and digital intelligence innovation service provider, announced that it has secured a strategic funding round of tens of millions of RMB from Huichuan Production Investment. This marks DeepWise's third funding round this year, following investments from Tencent, HSG, and Source Code Capital. The proceeds will be used to strengthen DeepWise's R&D deployment and market expansion. Source Code Capital led the company's Pre A+ round. Inovance is a leading enterprise in China's industrial automation sector. The two parties will leverage their respective technical and resource advantages to form a powerful alliance in the smart energy efficiency field, deepening their collaboration to contribute to China's dual-carbon strategic goals through innovative smart energy efficiency technologies, and jointly promote the healthy development of industrial and building energy conservation.
Under the dual-carbon strategy, China's path to achieving carbon neutrality requires simultaneous efforts on both the supply and demand sides. Energy saving and emission reduction through energy efficiency improvements has increasingly become the core of demand-side efforts. Currently, industrial and building energy consumption accounts for over 70% of total social energy consumption in China. Yet industrial and building electromechanical energy systems — particularly HVAC and compressed air systems — still often rely on traditional expert experience-based control methods, resulting in hundreds of billions of kilowatt-hours of wasted energy annually. Unlike conventional expert experience-based energy saving, DeepWise focuses on developing a new generation of deep energy efficiency intelligent control platform products. Based on its industry-leading "mechanism framework + data-driven" high-precision modeling and optimization technology, the platform can — much like GPS for traffic navigation — in real time identify the most efficient operating route from hundreds of thousands of possible system pathways, achieving optimal system operation and approaching the theoretical limit of energy savings, reducing system energy consumption by 20% to 50%. Compared to market-leading expert experience algorithms or AI optimization algorithms, it can further improve energy saving rates by at least 10%. To date, DeepWise has accumulated over 450 paying customers, saving more than 300 million kilowatt-hours of electricity in total. Its customers include industry leaders in new energy, semiconductors, automotive, electronics, food, IDC, rail transit, and public buildings, such as CATL, BOE, the National Supercomputing Center, Tencent IDC, Beijing Capital Agribusiness Group, Guobo Electronics, Huatian Technology, and The MixC. DeepWise will continue to consolidate its product and technology moat, innovate energy-saving products, and solidify its technology leadership in industrial and building energy efficiency, creating more value from every kilowatt-hour. Dr. Hui Li, founder and CEO of DeepWise, said: "We are very pleased to share common technical ideals and development vision with Inovance, and deeply grateful for Inovance's trust and support in the DeepWise team. Faced with the market opportunities presented by the dual-carbon strategy and digital transformation, we need to accelerate breakthroughs in new-generation energy efficiency innovation technology and create a new paradigm for energy saving and emission reduction. Going forward, DeepWise will accelerate deepening its ecological cooperation with Inovance, further refining world-class core products in the deep energy efficiency intelligent control field, empowering the industrial and building energy efficiency industry, and reducing China's carbon emissions by 2%."
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