Engoal
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Engoal - overview
Established
2019
Location
Suzhou, Jiangsu, China
Primary Industry
Materials
About
Engoal is a logistics automation technology company that specializes in providing intelligent logistics solutions to enhance material flow and operational efficiency in industrial sectors. Founded in 2019 and headquartered in Suzhou, China, Engoal focuses on logistics automation technology, delivering tailored solutions for the industrial sector. The company has executed one deal to date, with the most recent deal occurring on January 28, 2026. Engoal's founder has a history in the logistics industry, although further details on previous ventures are not available.
Engoal specializes in logistics automation technology, offering intelligent logistics solutions that include automated loading and unloading systems, intelligent storage, smart picking, and delivery services. These solutions address the needs of industries such as automotive, new energy sectors, and fast-moving consumer goods, with partnerships that include prominent companies like SAIC Motor Corporation and Cummins. Their products are primarily marketed in China, alongside an expanding international presence. Engoal operates on a B2B revenue model, collaborating with manufacturers through project-based contracts that cover consultations, system design, and ongoing support.
The pricing structure varies based on the complexity of solutions and includes upfront installation costs followed by service fees. Their flagship products, particularly automated loading and unloading systems, are significant contributors to their revenue, reflecting the high demand for advanced logistics automation in the industrial sector. In January 2026, Engoal secured venture funding led by Puhua Capital to support its growth strategy. This financing will be utilized for constructing a new production base, and accelerating global market expansion while continuing to advance core technology and product innovation.
Engoal is focused on launching new products aimed at enhancing logistics efficiency and targeting expansion into new markets to broaden its international footprint.
Current Investors
Puhua Capital
Primary Industry
Materials
Sub Industries
Materials
Website
www.engoal-tech.com
Company Stage
Early Stage
Total Amount Raised
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