Shanghai Guji Intelligent Technology
Automotive lightweight material joining and processing solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
* | CNY100m | Series B | |
| Total Funding | 000k | ||
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Shanghai Guji Intelligent Technology Co., Ltd., also known as GRIPP, was founded in 2017 and is headquartered in Shanghai's Songjiang district. The company positions itself as a high-tech enterprise focused on providing one-stop solutions for new material connection technology, particularly for the automotive industry's push towards lightweight vehicles.
GRIPP's core product is its independently developed self-piercing riveting (SPR) system, which has achieved a level of performance and stability comparable to international brands. This technology is crucial for joining lightweight materials used in new energy vehicles. Beyond SPR equipment, the company's business extends to industrial dust removal solutions for processes like welding and aluminum polishing, as well as vehicle disassembly services. GRIPP serves a significant portion of the domestic automotive market, with its business covering 95% of China's car manufacturers. The company operates a modern manufacturing plant in Songjiang and has established several wholly-owned subsidiaries, including Huhan Automotive Technology and Huhan Industrial Engineering, to support its diverse business units.
Since its inception, the firm has accumulated over a hundred software copyrights and R&D patents. It has received recognition as a "specialized, refined, and innovative" enterprise in Shanghai. The company has successfully raised $28 million in funding, with investors including notable names like Geely Capital, CICC Capital, and Bank of Communications Financial Assets Investment, indicating strong financial backing and industry confidence.
Keywords: self-piercing riveting, SPR systems, automotive lightweighting, new material joining, industrial dust removal, welding smoke extraction, vehicle disassembly, automotive manufacturing solutions, aluminum polishing, smart manufacturing equipment, new energy vehicles, automated production, advanced manufacturing, die-casting, riveting technology, industrial automation, servo riveting, automotive parts manufacturing, dust control systems, connection technology