Beehive Technology
Providing internet marketing consulting services, web design, research, customer service, and more.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | N/A | Early VC | |
| Total Funding | 000k | ||
Based in Beijing, China, Beehive Technology, known in Chinese as 北京蜂巢农科科技有限责任公司, was a high-tech enterprise established in 2015. The company focused on the research and development of industrial-grade unmanned aerial vehicle (UAV) systems and providing drone-related solutions, particularly for the agricultural sector.
Beehive Technology's core business was centered on the application of drones for agricultural plant protection. The company developed agricultural spraying drones, with its main product line named "Worker Bee," which reached a second-generation model. In addition to manufacturing and selling these UAVs, the firm offered drone piloting and spraying services, establishing a standardized plant protection network across several provinces. The business model incorporated a shared加盟 (franchise) and light-asset operation approach to build out its national service network, which aimed to provide a three-pronged value proposition of plant protection services, agricultural material sales, and agricultural data services.
The company successfully secured a total of $9.36 million in funding over two rounds. A seed round in March 2017 included investors like JD Finance and Gobi Partners. This was followed by a Series A round in October 2017, which raised approximately $9.43 million (CNY 62 million) and was led by Tendence Capital. Despite these financial milestones and its technological developments, which included multiple patents and software copyrights, the company is now considered deadpooled. Corporate records indicate its legal status as 'revoked' and note several legal and operational risks prior to its cessation.
Keywords: agricultural drones, UAV systems, drone spraying services, plant protection drones, agritech, precision agriculture, unmanned aerial vehicles, Worker Bee drone, Beijing startup, agricultural technology, drone-based solutions, crop spraying, agricultural data services, UAV manufacturing, Gobi Partners, Tendence Capital, JD Finance, farm technology, drone services, Chinese agritech