# Inovance: Machinery, Shenzhen, China

> Inovance: Inovance is a global industrial automation technology group founded in 2003 and based in Shenzhen, China. Based in Shenzhen, China. Founded 2013.

Source: https://millionrounds.com/startup/inovance (Millionrounds; every figure on the page links to its filing or article)

China · [Machinery startup](https://millionrounds.com/companies)

# Inovance

Inovance is a global industrial automation technology group founded in 2003 and based in Shenzhen, China.

Funding reported Last round: Seed

Machinery Shenzhen, China

Company summary

- **Founded:** 2013 13 years old
- **Team:** 700 201 to 1,000 people
- **Funding reported:** 60k as listed, currency not stated
- **Last round:** Seed Sept 2013

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Inovance has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Inovance

Inovance is a global industrial automation technology group founded in 2003 and based in Shenzhen, China.

The company specializes in automation, digitalization, intelligent manufacturing, and green technology. Its extensive product range includes AC drives, servo drives, motors, motion control systems, PLCs, HMIs, CNCs, and industrial robots, catering to both OEMs and end users. Beyond factory automation, Inovance is involved in NEV powertrain systems, intelligent robotics, and digital energy. The company offers integrated products and solutions that emphasize smart, efficient, sustainable, and reliable operations. Inovance serves a diverse array of industries, including textiles, packaging, logistics, and semiconductors. Inovance Automotive focuses on electric vehicles and photovoltaics, providing inverters, microgrid solutions, and ePowertrain components like EV inverters and on-board chargers. The company supports a global customer base through its offices and facilities in Europe and Asia, along with a network that extends to the Americas, the Middle East, and Africa.

## What company datasets say Inovance raised

Funding, as reported

Reported in all **60k** in the source's currency

Last round **Seed**

Last round size **50k**

Last round date **Sept 2013**

## The company, in detail

What they build

Known for

industrial automation customer satisfaction clean energy & technology data protection mv drives project management enterprises information technology & services big data financial services sustainable development productivity cloud computing enterprise software information technology global presence

Built with from their website

Tengine Baidu Viewport Meta webpack Mobile Friendly Feishu Matomo HSTS Microsoft 365 Alibaba Cloud

+2 more

Matomo Analytics Baidu Search Engine

- **Sector:** Machinery
- **Region:** Guangdong

## Machinery in China

Startups like it

- [**Snapmaker** Shenzhen Shi · founded 2016 *Raised*](https://millionrounds.com/company/snapmaker)
- [**Weichai Lovol** Wei Fang Shi · founded 1998](https://millionrounds.com/startup/weichai-lovol)
- [**Guangzhou MINO Automotive Equipment Co., Ltd.** 广州 · founded 2008](https://millionrounds.com/startup/guangzhou-mino-automotive-equipment-co-ltd)
- [**HBD Additive Manufacturing** Shanghai · founded 2013](https://millionrounds.com/startup/hbd-additive-manufacturing)
- [**KATOP Automation** Chang Zhou Shi · founded 2005](https://millionrounds.com/startup/katop-automation)
- [**Zhichang Technology Group Co., Ltd.** Ning Bo Shi · founded 2016](https://millionrounds.com/startup/zhichang-technology-group-co-ltd)
- [**Hefei Heduanyuan Intelligent Manufacturing Co., Ltd.** Hefei · founded 1951](https://millionrounds.com/startup/hefei-heduanyuan-intelligent-manufacturing-co-ltd)
- [**Gausium Official** founded 2013](https://millionrounds.com/startup/gausium-official)

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