Gulch closes RMB48m Pre-A financing round

Gulch.cn, a company focusing on the Chinese assembled lodging industry, recently announced that it has received 48 million yuan in its Pre-A round of financing, led by Shenzhen Blueflame Capital.

Gulch.cn, a company focusing on the Chinese assembled lodging industry, recently announced that it has received 48 million yuan in its Pre-A round of financing, led by Shenzhen Blueflame Capital.

Proceeds from this round of financing will mainly be used to promote the joint research and development of a new generation of assembly building solutions based on artificial intelligence and Internet of Things technology with the National Research Center of Tongji University, providing cost-effective smart buildings for further strategic expansion of the company.

Gulch is a company dedicated to the intelligent assembly of the lodging industry. Through intelligent assembly of buildings, the company has significantly reduced infrastructure costs and solved the bottleneck problems to scale expansion.

In the meantime, it provides a unique technological experience that traditional home-stays cannot offer, realizing the perfect integration of smart technology and natural ecology.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/29/gulch-closes-rmb48m-pre-a-financing-round/.

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