36 krypton Starts | Yungu Technology Won Tens of Million B Round of Financing R & D-Driven Intelligent Heating Ecosystem from Demand Side
DATE:  Oct 17 2023

36 krypton learned that Hangzhou cloud valley technology co., ltd. (hereinafter referred to as "cloud valley technology"), a global collaborative thermal energy management platform, recently announced the completion of tens of millions of yuan of B + round financing. This round of financing by the State Power Investment Jidian shares and Zhejiang Energy Group led the investment, the first capital as the exclusive financial adviser. The investors in the previous round of financing are source code capital, Rongyi investment and nuclear capital. Ding Yun, founder of Cloud Valley Technology, said that this round of financing funds will be used for research and development, production, marketing and other directions.

The heating industry has always been a high energy consumption and carbon emission industry, especially in the autumn and winter seasons in northern cities. According to data from the Building Energy Conservation Center of Tsinghua University, in 2018, the energy consumption of heating in northern cities and towns reached 2.12 tons of standard coal, and the carbon emission was about 0.55 billion tons, accounting for 26% of building carbon emissions and 5.7 of the total carbon emissions of the whole society.%. In the context of the "double carbon 3060 target", heating companies may be listed as key enterprises in carbon emission control, and will be limited by the dual indicators of carbon emissions and energy consumption in the future, so it is imperative to improve the energy consumption of the heating industry.

In the current energy-saving environment, heat loss has become a key issue of energy waste. The heating industry chain includes the heat source side, such as boiler plants or thermal power plants, the pipe network side that carries the heat source, and the end-user side, such as households and public buildings. According to statistical data, the heat loss at the household end accounts for more than 70% of the whole heating process. The main reason is that the household end lacks technical equipment to carry out accurate heat metering, which leads to the failure of the heating system to realize fine control, thus wasting energy resources. Therefore, it is very important to solve the problem of fine regulation and control at the household end, which will help to meet the requirements of dual energy control and solve the contradiction between all parties in heating settlement.

Yungu Technology was established in 2011. It is a national high-tech enterprise focusing on urban central heating information products and digital services. the company's products and solutions are designed to meet the needs of the heating market in the northern region. the patented technology "l-value balance control algorithm" created and the balance heat meter equipment combined with the demand-side energy scheduling algorithm form a fully automatic thermal energy scheduling closed loop of "source, network, load and storage" and build a global collaborative thermal energy management platform. The core technology to speed up the improvement of indoor temperature control, end household heat metering and adjustment device.

Relying on the end heat demand data, Yungu Technology has realized the closed-loop control of the heating system from the source to the end, filling the gap of the last kilometer of the heating system. Ding Yun predicts that with the recent introduction of relevant national policies, smart heating will also be able to expand rapidly in the stock market.

in terms of product shipments, with the promotion of the national carbon neutral strategy, the shipments of balanced heat meter terminal equipment of Yungu Technology will reach 170000 units in 2023, ranking among the top three in terminal product shipments. According to Ding Yun, "Cloud Valley Technology is the patent owner of the third generation sensor technology and balance control algorithm. The energy saving effect of this technology exceeds the industry average level. It has been compiled into JB/T13753-2021" Balance Heat Meter "industry standard and is also the mainstream technology supported by the recent national policy document on promoting heat metering."

In addition, the innovative technology of balanced heat meter independently developed by Yungu Technology is not only reflected in hardware equipment, but also includes internal embedded software. In view of the characteristics of heating water quality in the northern region, combined with the requirements of thermal energy control, the company has adopted artificial intelligence, edge computing, big data, carbon fiber materials and other technologies, and the research and development process has gone through 8 years. The balance heat meter solves many technical problems of the traditional heat meter, such as short life, difficult room temperature control, weak balance control algorithm and so on. Its core technologies include electromagnetic flow sensor, meter valve integrated patent structure, artificial intelligence room temperature soft measurement technology and energy collaborative energy scheduling technology.

In terms of smart heating platform management, Yungu Technology has created a "TEMPED Global Collaborative Thermal Energy Management Platform", which is a terminal device that includes a data management, control and optimization platform, as well as a combination of hardware and algorithms. The platform can operate independently and realize full closed-loop control according to the energy-saving requirements put forward by the thermal power company, providing customers with a full range of heating solutions.

According to Ding Yun, the business model of Yungu Technology is divided into solutions and EMC models, I .e. Party A directly purchases software and hardware packaged products from Yungu. According to the difference of product type and delivery mode, Party A will return to this cycle in 1-2 years.

Ding Yun, founder and CEO of Yungu Technology, graduated from Zhejiang University with a major in automation. He is a member of the entrepreneurial team of China's flagship automation enterprise, Central Control Technology (688777), general manager of Central Control Instrument, and an expert in the field of automation. He has accumulated more than 20 years of practical experience in heat, network, stations, households, etc.

it is worth mentioning that cloud valley technology is launching a strategic cooperation with ant golden clothing on "smart heating + internet ecology". this cooperation plan will first land in Daqing area and will also be the first internet ecological smart heating system based on block chain technology. The purpose is to participate in solving the problem of energy waste and promote the realization of carbon emission reduction targets, while promoting the popularization of digital RMB and expanding the service boundaries of heating enterprises. In addition, through Ant Financial's blockchain digital encryption transmission technology, it provides trusted data transmission and intelligent contracts, and opens up the trusted settlement channel of EMC mode, thus building a full ecological mode of intelligent heating, which will also empower the business model of Yungu Technology.

author song hongshan

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