
Gaiya Environment
An environmental protection solutions provider based Suzhou.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | $13.9m Valuation: $72.5m | Series C | |
Total Funding | 000k |
Jiangsu Gaiya Environment Technology Co., Ltd., operating as Gaiya Technology, is a specialized environmental services provider focused on the development of proprietary soil remediation technologies and equipment. The company was established on August 1, 2012, by its founder and chairman, Cheng Gongbi. Mr. Cheng possesses a deep academic and professional background directly relevant to the company's core mission, holding a Ph.D. in Geology from the University of Cincinnati and a Master's degree in Environmental Geology from Nanjing University. After gaining experience as a project engineer in the United States, he returned to China to establish Gaiya, initially as a broad-based environmental firm before strategically narrowing its focus to soil remediation, his area of expertise.
Gaiya Technology operates on a business model centered around providing comprehensive, one-stop solutions for clients, from initial site investigation to final remediation. The company's revenue streams are diversified across three main segments: the sale and leasing of its proprietary environmental equipment, engineering and remediation project contracts, and environmental consulting services. Its client base includes large state-owned enterprises like Sinopec and PetroChina, prominent international corporations such as Samsung, and various government agencies. The company has demonstrated a robust growth trajectory, securing multiple rounds of venture capital funding, including a Series C in October 2022, for a cumulative total exceeding 200 million RMB.
The firm's primary offering is its integrated approach to tackling soil and groundwater contamination. This involves the application of its own line of manufactured equipment, including environmental robotics and modular intelligent remediation machinery, complemented by specialized chemical agents. Gaiya Technology has built a substantial intellectual property portfolio to protect its developments, with over 235 patents filed by the end of 2018, covering the entire soil remediation industry chain. The company distinguishes itself by developing technologies specifically adapted to China's complex geological conditions, a notable counterpoint to the frequent incompatibility of foreign technologies. Its "Direct-push continuous closed undisturbed soil sampling technology" was recognized as a top environmental technology by China's Ministry of Ecology and Environment in 2017.
Keywords: soil remediation, environmental technology, groundwater contamination, environmental equipment manufacturing, pollution cleanup, site investigation, environmental engineering, remediation services, cleantech, environmental consulting, contamination treatment, soil sampling, environmental robotics, hazardous waste management, land rehabilitation, industrial pollution, environmental services, water pollution treatment, corporate environmental solutions, sustainable development