PI2STAR

What PI2STAR does

PI2STAR (湃方科技) is a Beijing- and Tianjin-headquartered industrial AIoT company founded in September 2018, originating from Tsinghua University's Electronic Engineering Department. It sells a four-in-one full-stack platform for industrial equipment intelligence: Paixing He (proprietary edge AI silicon — Sticker-I/T/V/M series plus the ultra-low-power Tritium 103 vibration-analysis chip, manufactured at TSMC 65nm), Paixing Xiang (one-stop industrial AI algorithm management and distribution platform), Paixing Chen (multi-dimensional wireless IoT sensors with on-device AI), and Paixing Yun / AiM (cloud-based real-time monitoring, health diagnostics, fault prediction and lifecycle management, accessible via web, app and WeChat mini-program). The company targets both equipment manufacturers (front-loaded/pre-installation) and equipment operators (back-loaded/retrofit) in petroleum, steel, electric power, chemical, water and metro verticals, with named Chinese state-owned enterprise customers including CNPC, Sinopec, CNOOC, Baowu Steel, China Water Affairs, Jiamusi Electric Machinery and Shandong Zhanggu.

The business model blends hardware revenue (edge AI chips and wireless IoT sensors), recurring SaaS subscription on the AiM platform, managed services for end-to-end intelligent equipment solutions, and professional services for deployment and integration. Distribution is primarily direct enterprise field sales supplemented by a channel partner and ecosystem partner recruitment program and a recently-formed joint venture (Pifang Zhixuan, March 2023, with Shandong Zhanggu) for deep embedded commercial integration with blower and pump OEMs. Marketing is anchored by extensive participation in industrial trade shows (CIPPE, PTC ASIA, China International Industrial Fair, China Hi-Tech Fair, IFME) and through Tsinghua University research-community and earned media channels. Pricing tiers are not publicly disclosed.

The company is venture-backed (angel round November 2018 led by BV Baidu Ventures; Series A March 2020 led by Innovation Black Horse Fund, with continued participation from BV Baidu Ventures and Matrix Partners China), holds 40+ intellectual property rights, has received National High-Tech Enterprise status, and was a main drafting unit for the GB/T 42028-2022 national standard for onshore oil and gas IoT systems. Headcount has grown from a stated 70+ in September 2020 to a current firmographic range of 101–250 employees across seven branch offices in China plus a Singapore channel footprint.

Name

PI2STAR

Legal name

湃方科技（天津）有限责任公司 (Pi2Star Technology Ltd.)

Website

https://pi2star.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

PI2STAR is a Tsinghua-origin industrial AIoT company that sells a full-stack platform of proprietary edge AI chips, IoT sensors, AI algorithm tools and a cloud monitoring platform (AiM) to equipment manufacturers and operators in petroleum, steel, electric power, chemical, water and metro sectors across China.

Ownership category

akta.pro rank

Product category

Industrial Equipment Intelligence

NAICS

Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Other Measuring and Controlling Device Manufacturing (334519)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro industry

PRIMARYIMAIAMAM

Process Industries IIoT (Oil & Gas/Chemicals/Pharma/Food)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Industrial IoT (IIoT) & Smart Manufacturing

SECONDARYHDAAAJAC

Edge AI Hardware & NPUs (SoCs, modules, accelerators)

Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/Edge AI & On-Device Machine Learning

SECONDARYHDAEANAA

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management)

Hardware, Technology & Telecom/Enterprise Platforms & Databases/Artificial Intelligence Platforms for Enterprise

Keywords

• Industrial AI chips
• Predictive maintenance
• Edge AI computing
• Industrial IoT platform
• Equipment monitoring

Headquarters

HQ city

Haidian

HQ country

China

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. AI Edge Chips & IoT Hardware Sales: Sale of proprietary edge AI chips (Sticker series, Tritium 103) and wireless IoT sensors (湃星尘) as hardware products. One-time hardware revenue with potential for recurring maintenance/subscription.
2. Cloud Platform Subscription (AiM): SaaS subscription model for the AiM intelligent device management cloud platform, providing real-time monitoring, health diagnostics, fault prediction, and equipment lifecycle management as ongoing cloud services.
3. AI Algorithm Platform (湃星象): One-stop AI algorithm management and distribution platform enabling structured management and visual analysis of algorithms for industrial applications.
4. Intelligent Equipment Solutions: End-to-end solutions for equipment manufacturers and operators including pre-installed (前装) and after-installed (后装) solutions covering petroleum, steel, power, chemical, water, and metro sectors.
5. Professional Services: Customized deployment, system integration, and technical consulting services for enterprise clients implementing equipment intelligence upgrades.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

PI2STAR develops a full-stack AIoT intelligent solution for industrial equipment, combining proprietary edge AI chips (Sticker series and Tritium 103), an AI algorithm management platform, wireless IoT sensors, and the AiM cloud-based equipment management platform. The solution enables real-time monitoring, predictive fault warning, intelligent diagnosis, energy efficiency analysis, and full lifecycle equipment management for industrial users in petroleum, steel, power, chemical, water utilities, and metro sectors.

Product overview

PI2STAR offers a four-in-one full-stack AIoT product portfolio for industrial equipment intelligence: (1) Paixing He (edge AI chips) for on-device AI processing, (2) Paixing Xiang (algorithm platform) for AI model management and distribution, (3) Paixing Chen (IoT hardware) for sensor data collection, and (4) Paixing Yun/AiM (cloud platform) for device management and monitoring. The products work together to enable end-to-end equipment lifecycle management from data acquisition at the edge to cloud-based analytics and diagnostics.

Differentiator

Problem solved

Functional benefit

Brands

• 湃星核 (Pi2STAR Core): Global leading edge AI chip with computing-chip integration for high energy efficiency, low power consumption edge AIoT applications
• 湃星象 (Pi2STAR Vision)
• 湃星尘 (Pi2STAR Dust)
• 湃星云 (Pi2STAR Cloud)
• AiM (Equipment Intelligent Management Cloud Platform)
• Sticker Series AI Chips
• Tritium 103

Products and services

• Paixing He (湃星核) Edge AI Chips Globally leading edge AI chips with integrated computing core, designed for high energy efficiency, low power consumption, and high-performance edge AIoT applications. Includes the Sticker series (Sticker-I, Sticker-T, Sticker-V, Sticker-M) and the Tritium 103 ultra-low power edge AI chip for industrial vibration analysis.
• Paixing Xiang (湃星象) AI Algorithm Platform One-stop industrial AI algorithm management and distribution platform that enables structured management and visual analysis of algorithms. Features an industrial AI algorithm library covering small-sample learning, federated learning, distributed joint training, transfer learning, deep learning, and ensemble learning, plus an automatic learning framework supporting 'one machine, one model' deployment.
• Paixing Chen (湃星尘) Industrial IoT Hardware Multi-dimensional industrial intelligent IoT hardware platform featuring self-developed pure wireless 4G sensors for rotating equipment (pumps, motors, fans). Supports triaxial vibration and temperature data acquisition, optional magnetic field waveforms, built-in high-efficiency AI chip, and edge intelligence perception technology with no gateway required.
• Paixing Yun (湃星云) AiM Cloud Management Platform Equipment intelligent management service software platform (AiM) integrating online monitoring, health diagnostics, fault prediction, device management, energy efficiency analysis, spare parts management, and personnel management. Accessible via web, APP, and WeChat mini-program interfaces with real-time AI diagnosis capabilities and DeepSeek-R1 LLM integration for lifecycle archive management.
• Full-Stack Equipment Management AIoT Solution Comprehensive solution combining edge AI chips, AI algorithm engine, intelligent IoT sensors, and cloud-based equipment management platform. Addresses data collection, intelligent analysis, efficient management, and precise decision-making needs for both equipment manufacturers (pre-installed) and equipment operators (after-installed) across petroleum, steel, power, chemical, water, and metro sectors.

Quantifiable outcome

• Algorithm accuracy rate exceeds 90%+
• +6 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature8 records

Partnerships

14 partnerships are on record, tiered flagship, core and supporting.

• 山东省章丘鼓风机股份有限公司 (Shandong Zhanggu)flagshipStrategic or Co-development Partner · 2 March 2023Deep strategic partnership and joint venture 湃方智选信息科技（山东）有限责任公司 established for intelligent equipment state monitoring products. Signed intelligent product procurement contracts with pump, blower, ventilation, and turbo blower divisions. First joint product collaboration began in 2022 with '智改数转' agreement signed September 2022.
• 青云科技 (QingCloud)coreTechnology or Integration · 1 April 2021Strategic partnership with cloud computing provider QingCloud for deeper innovation in the industrial sector. Combines PI2STAR's equipment AIoT platform with QingCloud's hybrid cloud infrastructure to accelerate industrial internet and smart upgrade deployment for customers.
• 微软加速器 (Microsoft for Startups Accelerator)supportingTechnology or Integration · 1 April 2021PI2STAR was accepted into the Microsoft for Startups Accelerator Spring 2021 class (录取率不到2%). Receives Azure cloud service credits worth $120,000 over 2 years, plus access to Microsoft's technical, customer, mentor, and investment resources.
• 哈电集团 (Harbin Electric Corporation)coreStrategic or Co-development Partner · 15 December 2020PI2STAR will support and implement the school-enterprise cooperation between Harbin Electric Corporation and Tsinghua University's Electronic Engineering Department, participating in smart equipment, intelligent operations, and smart factory businesses across Harbin Electric's subsidiaries.
• 佳木斯电机股份有限公司 (Jiamusi Electric Machinery Co., Ltd.)coreStrategic or Co-development PartnerStrategic collaboration on industrial equipment intelligence. Joint development of smart motors, digital twin technology, and motor cloud platform. Government officials from Jiamusi conducted on-site inspection of collaboration results.
• 中国石油 (CNPC)coreStrategic or Co-development PartnerStrategic partnership in the petroleum sector for equipment intelligence solutions. PI2STAR participated in drafting the national IoT standard for onshore oil and gas production.
• 中国石化 (Sinopec)coreStrategic or Co-development PartnerStrategic partnership in the petrochemical sector for equipment intelligence and monitoring solutions.
• 中国海油 (CNOOC)coreStrategic or Co-development PartnerPartnership for offshore oil and gas equipment intelligence and monitoring solutions.
• 宝武钢铁 (Baowu Steel)coreStrategic or Co-development PartnerStrategic partnership in the steel metallurgy sector for equipment intelligence solutions.
• 华为 (Huawei)supportingTechnology or IntegrationTechnology ecosystem partner mentioned as part of PI2STAR's '携手共建设备智能化新生态' ecosystem building alongside Inspur (浪潮) and NVIDIA (英伟达).
• 浪潮 (Inspur)supportingTechnology or IntegrationTechnology ecosystem partner mentioned as part of PI2STAR's equipment intelligence ecosystem.
• 英伟达 (NVIDIA)supportingTechnology or IntegrationTechnology ecosystem partner mentioned as part of PI2STAR's equipment intelligence ecosystem building.
• 新加坡Winston集团 (Singapore Winston Group)supportingChannel Partner/ Reseller/ DistributorInternational channel partner for PI2STAR's products in Southeast Asia market.
• 清华大学天津电子信息研究院 (Tsinghua Tianjin Electronic Information Research Institute)flagshipStrategic or Co-development PartnerPI2STAR was incubated by Tsinghua University and its Tianjin Electronic Information Research Institute. The company operates the 'Intelligent Chip and Industrial IoT Research Institute' under the institute.

Scale indicators9 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Uptake: Uptake is an industrial AI platform that combines asset performance management, predictive maintenance, and operational optimization for heavy industry. Comparable to PI2STAR's full-stack AIoT approach targeting equipment manufacturers and operators in oil & gas, mining, and rail.
• Augury: Augury provides AI-driven asset reliability and predictive maintenance for industrial rotating equipment (pumps, motors, fans, compressors). Directly comparable to PI2STAR's vibration-based condition monitoring and auto-learning framework for fault diagnosis across manufacturing verticals.
• SparkCognition: SparkCognition delivers AI solutions for industrial asset monitoring, predictive maintenance, and process optimization across energy, manufacturing, and defense. Similar to PI2STAR in combining proprietary AI models with vertical specialization in heavy industrial equipment.

Broad incumbents

• Siemens (MindSphere): Siemens' MindSphere industrial IoT platform with edge connectivity, asset analytics, and predictive maintenance overlaps with PI2STAR's full-stack AIoT solution targeting factory automation and rotating equipment customers globally.
• Bosch (Industry 4.0 / IoT): Bosch's Industry 4.0 and IoT business delivers connected manufacturing, asset monitoring, and predictive maintenance solutions. A broad incumbent with comparable industrial AI/IoT offerings and stronger global reach than PI2STAR.
• C3.ai: C3.ai is an enterprise AI platform used for industrial applications including predictive maintenance, asset performance, and process optimization. A broader incumbent that overlaps with PI2STAR's AiM cloud platform capabilities for industrial customers.
• PTC: PTC's ThingWorx is an established industrial IoT platform for connected operations, asset monitoring, and predictive maintenance. A broad incumbent that overlaps with PI2STAR's AiM cloud and IoT sensor stack for industrial equipment intelligence.
• Honeywell: Honeywell's Industrial Automation business includes process measurement, condition monitoring, and asset performance solutions. A broad incumbent with industrial instrumentation products directly comparable to PI2STAR's vibration sensors and AI-based monitoring.
• Emerson (NI / AMS): Emerson's automation solutions include condition monitoring, vibration analysis, and asset management for industrial plants. Comparable to PI2STAR's end-to-end equipment monitoring for process industries customers.
• Huawei (Industrial Intelligence): Huawei's industrial intelligence portfolio combines edge AI, IoT connectivity, and cloud for smart factory applications. Listed as PI2STAR's ecosystem partner but a broad incumbent with substantially greater resources competing in the same Chinese industrial accounts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PI2STAR