BSG Technology Secures Nearly 100M Yuan From Xiaomi

Wuhan BSG Technology Co., Ltd., a provider of intelligent manufacturing solutions, announced on Thursday that it has secured nearly 100 million yuan ($15.8 million) in A-round financing. The lead investor in this round was Beijing-based electronics giant Xiaomi.

BSG was established in 2012. It provides complete manufacturing operations management (MOM) and supply chain collaboration solutions for manufacturing companies on the strength of its self-developed BSG Nebula intelligent manufacturing platform, which is grounded in international standards.

Its MOM line includes a Manufacturing Execution System (MES), Quality Management System (QMS), Maintenance and Repair Operations System (MRO), Advanced Planning and Scheduling (APS), Product Lifecycle Management (PLM), among others, covering the whole lifecycle of manufacturing operations and other business aspects. The company delivers industrial IOT and intelligent equipment transformation services designed to help enterprises meet cross-regional, cross-discipline and cross-business requirements for the intelligent integration of hard and soft manufacturing.

Liu Zhufeng, CEO of BSG, said, “BSG forges ahead with the manufacturing industry, strengthens technological innovation and inputs in R&D, and expands its leading edge in products, technology and services with manufacturing and supply chain collaboration as the core.”

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In January this year, BSG changed its official information registered with China’s Industrial and Commercial Administration. Its original shareholder, Baiyuan Management Consulting (Wuhan) Partnership (Limited) withdrew, while a new shareholder was added, which was Xiaomi‘s affiliated company, Hanxing Venture Capital.