Chinese IoT monitoring cloud platform Smartbow raised ￥65million in a series B round funding led by Grand Flight Investment, and followed by Yuandu Equity Investment Management (Shanghai) Co., Ltd. And Shenzhen Guozhong Venture Capital Management CO. LTD. The investment will be used on team building and R&D investment.
Established in 2013, Smartbow focuses on monitoring of structural safety of infrastructure like bridge, railways, dams, and pylons. It provides software and hardware all-in-one safety monitoring solutions that are powered by wireless sensor network to infrastructure maintenance and management service providers.
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