Shanghai Shexu Technology

Shanghai Shexu Technology

Shexu Technology develops AI-powered software for automated industrial design.

HQ location
Huangpu, China
Launch date
Employees
Enterprise value
$69m
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CNY30.0m

Valuation: CNY500m

Early VC
Total Funding000k
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More about Shanghai Shexu Technology
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Tianjin Design Order Technology Co., Ltd., operating as Shanghai Shexu Technology, is a technology firm centered on generative AI for industrial design. The company was established in 2020, with its core technical team forming in 2019. It is led by Founder and CEO Wu Yongrong. The company has positioned itself at the forefront of the intelligent transformation of industrial design in China, leveraging the intersection of AI algorithms and traditional design processes.

The firm has successfully navigated several funding rounds, indicating strong investor confidence. Its journey began with an angel round in 2020 from K2VC, Gaorong Capital, and Lenovo Capital. This was followed by a Pre-A round led by SIG, an A round led by ByteDance, and a subsequent A+ round co-led by Ameba Capital, Yonghua Capital, and existing shareholder Lenovo Capital. Milestones include the commercial launch of its flagship product, "Flash CAD" (闪设), with version 1.0 in 2022, version 2.0 in 2023, and version 3.0 in 2024, each expanding the product's capabilities.

The company's core business revolves around its proprietary AI-powered industrial CAD software, Flash CAD. This cloud-based platform is built on a self-developed AIGE (AI for Engineering) data structure, which integrates AI and geometric graphics technology to automate and enhance industrial design. The software aims to significantly increase the efficiency of design engineers by automating the generation of 3D design schemes and 2D engineering drawings. Its target market includes a range of industrial sectors such as automotive, 3C electronics, aerospace, logistics, and energy. A notable case study highlights how Honda has implemented Flash CAD to improve the quality and efficiency of its automotive equipment design.

Flash CAD offers specific functionalities like Flash 2D and Flash 3D. The 2D module can automatically convert 3D models into 2D engineering drawings, handling tasks like one-click projection, automatic dimensioning, and parts management. The platform is offered through various models, including a community edition and private deployment options for enterprises seeking enhanced security, data isolation, and custom applications. Revenue is generated through software licensing and potentially customized enterprise solutions. The company also fosters a partner ecosystem, offering a commission-based program for promoting its Flash 2D Community Edition.

Keywords: industrial CAD software, generative AI design, AIGE, Flash CAD, automated engineering drawings, 3D modeling automation, design automation, manufacturing efficiency, automotive design software, aerospace engineering, smart manufacturing, cloud CAD, Wu Yongrong, K2VC, Gaorong Capital, Lenovo Capital, ByteDance, SIG, industrial AI, CAD automation, 2D drafting automation, design order technology, Shexu Technology

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