Tuya
Tuya is a global developer platform specializing in artificial intelligence and the Internet of Things (IoT). It connects consumers, manufacturers, OEMs, and retail chains, providing a comprehensive solution that includes hardware access, cloud services, and app development. This ecosystem enables businesses to enhance their consumer IoT smart devices and meet increasing consumer demands. As of late 2018, Tuya had served 93,000 customers and connected over 100 million smart products globally, with a product catalog exceeding 30,000 listings across nearly 200 countries. The company operates a distributed IoT cloud platform that processes nearly 50 billion device requests daily and facilitates over 20 million voice AI interactions each day, accumulating a data volume of 15 petabytes. Tuya's offerings include platform-as-a-service and software-as-a-service options, fostering a vibrant IoT ecosystem that encourages collaboration among brands, OEMs, partners, and end users.
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Top Stages
5 past transactions
Hej home
Series B in 2024
Hej home is the largest smart home IoT brand in Korea under GoQual Co. Ltd. Hej Home is a company that aims to create a comfortable and transformed daily life that people may not have experienced before. It turns uncomfortable moments into enjoyable ones, making everyone's dream house a part of their everyday lives.
Go-Qual
Series B in 2024
Go-Qual (고퀄) is a Korean startup that provides home network systems and security alarm systems.
Blue Wave
Seed Round in 2023
Blue Wave is a producer of Industrial IoT and Internet of Vehicles chips.
Nation Rfid
Series C in 2021
Nation Rfid specializes in developing radio frequency identification (RFID) technology, focusing on tag chips, reader chips, and system integration software. These products cater to various industries, including intelligent transportation, logistics, military, retail, and communications. The company holds a unique position as the only enterprise in China with an RFID dual-chip patent, enabling it to offer comprehensive system integration and chip set solutions tailored to diverse applications.
Hysiry
Series A in 2019
Hysiry Technology is a technology-driven enterprise that specializes in the design, research and development, and production of intelligent hardware products. The company offers a range of services, including original design manufacturing (ODM) and original equipment manufacturing (OEM), focusing on smart home appliances such as smart switch sockets, smart lighting, and various sensors. Hysiry Technology also provides intelligent control board solutions to assist developers in creating smart hardware products efficiently. By leveraging its expertise, the company enables businesses with limited research and development capabilities to accelerate their product development while significantly reducing costs. Hysiry's service model can decrease overall expenses by over 15% compared to traditional self-development methods and can shorten the product development cycle by 1 to 2 months for less demanding channels.
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