Hongcheng Innovation Secures RMB 100 Million Series B Funding Led by Zhongke Haichuang Fund

Beijing HC-Innovation Tech Co., Ltd. (hereinafter referred to as “HC-Innovation”), a leading provider of AIoT-based digital solutions, recently announced the completion of its RMB 100 million Series B financing round. Led by Zhongke Haichuang Fund, the round values the company at RMB 900 million post-money. The proceeds will be primarily used to advance the localization and innovation layout of RFID chips, enhance the product portfolio, expand AIoT-based digital solution services, and further strengthen the implementation of market strategies. Previously, HC-Innovation had received investments from renowned institutions such as CAS Star and Youshan Capital.

Founded in 2014 by Mr. Tian Chuan, HC-Innovation boasts a core team primarily hailing from Tsinghua University and the Chinese Academy of Sciences. The company focuses its business scenarios on three major sectors: biological resource security management, logistics and supply chain management, and military industry and public administration. It provides customers with one-stop trusted management solutions that enable efficient data acquisition, visualized operational management, and intelligent decision-making, thereby facilitating the implementation of the national strategy for “New Digital Infrastructure.” With over 150 core intellectual property rights, HC-Innovation has achieved matrix-style breakthroughs in antennas, materials, algorithms, and chips, leveraging years of accumulation in hard-tech R&D. These advancements have solved the industry-wide challenge of “non-contact sensing in cryogenic environments,” ensuring that IoT chips operate reliably and stably under complex conditions. The company has been successively recognized as a “National High-Tech Enterprise” and a Beijing “Specialized, Refined, Differential, and Innovative” (SRDI) enterprise.

Leveraging its proprietary core technologies and a profound understanding of application scenarios, HC-Innovation deeply integrates multi-modal sensing with artificial intelligence. By co-building digitalized and intelligent IoT platforms tailored to real-world scenarios with customers, the company progressively enhances its full-chain safety management capabilities—spanning environmental perception, security control, data analytics, and feedback control—thereby achieving full-stack optimization, breaking through performance barriers, deepening scenario-specific applications, and leading the industry’s digital and intelligent transformation. After years of development, the company has established four major product lines: end-to-end blood safety monitoring, comprehensive control of microbial and viral strains, biosafety laboratory monitoring, and IoT-enabled military logistics and equipment support.

Mr. Tian Chuan, Founder of HC-InnovationIt stated that the deep integration of new-generation information technology, represented by the Internet of Things (IoT), with application scenarios is becoming a powerful engine for economic transformation and a key driver for promoting the networking, digitalization, and intelligent development of industries. Adhering to its mission of “safeguarding public welfare and national defense security, and driving industrial digital enhancement,” Beijing HC-Innovation Tech Co., Ltd. will continue to increase investment in core technologies and market expansion through this financing round. As a leading IoT enterprise, it will play a pioneering and demonstrative role, guiding industry development through innovation in foundational hard technologies.

A representative from Zhongke Haichuang stated that HC-Innovation has continuously engaged in R&D and achieved constant breakthroughs in core technologies such as chips, materials, and antennas. In vertical application areas like biospecimen safety, the company has pressed forward despite difficulties and cultivated its expertise with meticulous care, overcoming the inherent limitations of ultra-high frequency (UHF) RFID technology. It has built a multi-dimensional competitive advantage spanning from materials to hardware, from core underlying technologies to industry applications, and from software/hardware products to system services. For the first time, it has truly realized Internet of Things (IoT) integration in fields critical to national welfare and people's livelihoods, such as biospecimen safety, spearheading revolutionary changes, creating substantial corporate and social value, and representing the future of RFID and IoT technologies. HC-Innovation’s R&D capabilities, technological reserves, and product ecosystem aligned with China’s information technology application innovation (Xinchuang) strategy, along with the enterprising spirit of its founder, Mr. Tian Chuan, and his team, are deeply impressive. Zhongke Haichuang will continue to support HC-Innovation and looks forward to Mr. Tian Chuan and his team forging ahead, leveraging innovations in foundational hard-tech to facilitate the implementation of national strategies for “biosafety” and “new digital infrastructure.”

Zhongke Haichuang is one of the venture capital sub-funds established under the National Guide Fund for the Transformation of Scientific and Technological Achievements. The National Guide Fund for the Transformation of Scientific and Technological Achievements was jointly established by the Ministry of Science and Technology and the Ministry of Finance, aiming to support the transformation of scientific and technological achievements—particularly those generated through fiscal funding—by setting up venture capital sub-funds. Under the guidance and management of the National Center for Science and Technology Risk Development, which is directly affiliated with the Ministry of Science and Technology, Zhongke Haichuang is committed to providing equity investments in non-listed high-tech enterprises engaged in the commercialization of scientific and technological achievements. To date, it has invested in multiple domestically leading enterprises specializing in the transformation of high-tech scientific and technological achievements.