NIO (Zhejiang) Technology

NIO (Zhejiang) Technology

Intelligent IoT platform for municipal waste classification.

HQ location
Hangzhou, China
Launch date
Enterprise value
$41m
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DateInvestorsAmountRound
investor

€0.0

round
investor investor

€0.0

round
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CNY20.0m

Valuation: CNY300m

Series B
Total Funding000k
Notes (0)
More about NIO (Zhejiang) Technology
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Azure Flying, formally known as NIO (Zhejiang) Technology, is a high-tech enterprise centered on intelligent manufacturing and the Internet of Things (IoT). The company provides digital solutions for household waste management, targeting local governments.

The firm's core business involves an intelligent environmental protection IoT application platform that aids in waste classification and treatment. Its product lineup includes intelligent garbage sorting equipment, machines for processing kitchen leftovers, and IoT-connected scales for waste measurement. The company's primary service is to offer comprehensive digital solutions covering front-end waste classification, processing of perishable waste, and resource utilization.

The company has received several accolades, including being named a national-level "Little Giant" enterprise, a designation for specialized and innovative small to medium-sized enterprises in China. It has also been recognized as a "Gazelle Enterprise" in the Hangzhou High-tech Zone (Binjiang).

Keywords: waste management, IoT platform, smart city, environmental technology, recycling solutions, digital sanitation, resource utilization, waste classification, green technology, cleantech

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