What does Green Rice intend to do after completing the B round of over 100 million financing?

Green Rice has completed the B round of financing of over 100 million yuan, and will establish a smart home 4S service system.

65438+10.4, Xiaomi Eco-chain Green Rice announced today that it has completed the B round of financing of over 100 million yuan. The new round of financing was led by Caive Fund, followed by Lanting Capital, and Xinghan Capital served as the exclusive financial advisor for this round of financing.

Green Rice will use a new round of financing to innovate the smart home channel model, and establish the first smart home 4S service system in the industry, including solution (scheme display), sales (product sales), service (user service) and investigation (exchange feedback), so as to promote the landing of smart homes with services; At the same time, Green Rice will explore the application of AI technology in smart home products and continuously improve the user experience of smart home.

Founded in 2009, Green Rice is a domestic smart home and Internet of Things solution provider. It is committed to building a smart life service platform with connected smart devices, big data and value-added services as its core, and has mastered core technologies such as first-line switching, ultra-low power consumption and system stability. Previously, Green Rice has obtained tens of millions of top international capitals such as Xiaomi, Shunwei and Gao Rong Capital.

In 20 15, the first product "Xiaomi smart home set" was released, making smart home a mass consumer product that ordinary people can use. In less than a year, the sales volume reached one million. Since then, Green Rice has continuously released more than ten products such as smart plugs, smart wall switches, air-conditioning partners and intelligent curtain motors around the "Xiaomi Smart Home Suit", which is interconnected with other products of Xiaomi Eco-chain, and established a smart home system with low power consumption, high stability and high cost performance as its core competitiveness.

From a single boutique, to a small suit suitable for a certain scene, and now to a complete set of smart home solutions, Green Rice is gradually integrating and packaging its products into a whole solution, not only for the use of a single product or a specific scene, but by truly realizing the interconnection between various smart home products, forming a 1+ 1 >: 2 system, thus providing consumers with a complete smart home experience.

"In the past, the installation of green rice products mainly relied on users' own DIY, but these users were still relatively few. In order to realize the vision of "let smart homes enter thousands of households and give users a healthy, safe and comfortable home", Green Rice plans to cooperate with 500 green rice service providers in the next three years to establish the industry's first smart home 4S service system. You Yanjun, founder and CEO of Green Rice, said, "Green Rice's smart home system is not only used for families, but also for hotels and public buildings. According to statistics, hotels and public buildings with green rice smart home products can save energy by 20% to 40% by automatically setting lights on and lights off and air conditioning. In the next stage, Green Rice will rely on intelligent hardware and data platform to realize the strategic ecology of "connection+data+service" in a wider range of fields such as smart home, intelligent security, community service, commerce and public buildings. "

Mr. Cai Ming Poe, founder and chairman of Caive Fund, said: "China is becoming the most active market for the development of the Internet of Things, and the related technologies are constantly maturing, which has broad development and imagination space in the fields of smart home, retail, travel, industrial transformation and upgrading, medical care and so on. We are optimistic about the development prospects in this field. The leading technology and solid progress of green rice in smart home and Internet of Things and the perfect ecosystem are our greatest confidence in investment. We will give full play to Caive's resources and network advantages in Europe and the United States, help the company actively expand overseas markets, and promote exchanges and cooperation between Green Rice and other big data companies in the Caive ecosystem in the development of data services to achieve a win-win situation. "

Liu Jiong, founder and chairman of Lanting Capital, said: "In the past two years, various types of IoT home and home appliances have emerged in the market. We believe that only by doing everything in the fields of system integration, product-level industrial design and advanced technology can it be called a smart home that consumers really like and are willing to pay for. Green rice is undoubtedly the leader in these fields, and we are very optimistic that green rice can achieve better results in a broader commercial smart home in the future. We are also willing to connect more products and technologies for green rice through our investment layout and industrial resources in the artificial intelligence industry. "