IoT solution provider building and intelligent life service platform

Aqara is a leading IOT solution provider in China, aiming to build an intelligent life service platform powered by connected device, big data and value-add services. It starts with Smart Home market as entry point and has already become a top brand in the industry. The company’s hardware and software platform provides a complete IOT solution which sees huge market demand from various scenarios in addition to smart home, including smart city, intelligent security, intelligent agriculture, intelligent hotel etc. Current sales channel includes online (Xiaomi, Tmall, JD etc) & offline B2B (telecom operator, real estate operator, hotel management etc.)

Funds
La Maison Opportunities
Company
Aqara
Investment date
2019
Strategy
Growth/LBO
Status
Active
Sector
Consumer
World region
China