Tianyi Technology

Tianyi Technology is a leading manufacturer of high-tech coffee machines and related equipment, dedicated to enhancing coffee brewing experiences for both commercial and domestic users. Founded in 2015 in Dalian, China, Tianyi Technology specializes in advanced coffee brewing systems. Over the years, the company has secured two deals, with the most recent funding round taking place on March 30, 2020, where they raised RMB 10 million. The CEO, Yu Chen, has previously founded other ventures, contributing to the company’s strategic direction and operational development.

Tianyi Technology focuses on a variety of products including high-tech coffee machines, digital components, temperature and humidity measuring instruments, and specialized tools for the oil machinery sector. Their offerings cater to both commercial and domestic needs, aiming to improve efficiency and ensure quality in coffee brewing. They serve a diverse client base across industries such as construction, design, industrial, manufacturing, and cultural sectors, with a stable market presence in both domestic and international arenas. Tianyi Technology generates revenue through direct sales and B2B partnerships, supplying coffee machines and accessories to retailers and wholesalers.

Their revenue model includes maintenance and service agreements to enhance customer retention. The pricing structure reflects the quality and technological innovations in their products, positioning them competitively within the market. In March 2020, Tianyi Technology raised nearly RMB 10 million in funding to support their strategic initiatives. The company plans to expand its portfolio with new coffee machine models designed for both commercial and household use, targeting a release within the next year.

Additionally, there are ambitions to enter new markets, particularly in Southeast Asia and Europe, by 2023, aiming to broaden their customer base and geographic reach.