Midea Group

Midea Group

With the vision of "Bringing Great Innovations to Life"... Our philosophy is to create a better life through technology.

Founded 1968 China

Foshan, China 17256 employees Grant Total: $71.43K Consumer Electronics, Manufacturing

Midea Group, with the slogan "All businesses of Midea Group are striving for one credo: #HumanizingTechnology," is a leading player in the consumer electronics and manufacturing industries. Founded in 1968 and headquartered in China, the company has established itself as a global powerhouse with a strong presence in over 200 countries and regions. In early 2021, Midea Group realigned its operations into five high-growth business groups: Smart Home, Electro-Mechanical, Building Technologies, Robotics & Automation, and Digital Innovation. This strategic move reflects the company's commitment to innovation and future-oriented growth. Midea Group's global footprint encompasses 35 production centers and an impressive workforce of over 166,000 employees. In 2021, the company achieved an annual revenue exceeding USD 53.26 billion and secured the #245 spot on the Global Fortune 500 list of 2022, a testament to its financial strength and market influence. The company's dedication to research and development is evidenced by its 28 worldwide innovation centers and a remarkable track record of 62,000 authorized patents to date. Midea Group is committed to #HumanizingTechnology by leveraging its extensive manufacturing expertise and cutting-edge robotic and automation technology to provide tailored solutions based on a deep understanding of human nature. The most recent investment in Midea Group, a €71.43K grant investment, was made on 01 October 2015 by EASME - EU Executive Agency for SMEs. This injection of funding signifies external confidence in the company's potential for future growth and innovation. Midea Group's relentless pursuit of innovation and its unwavering dedication to '#HumanizingTechnology' position it as a formidable force in the global consumer electronics and manufacturing landscape, making it an appealing prospect for potential investors and partners looking to collaborate with a #GameChanger in the industry.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	€71.43K	1	EASME - EU Executive Agency for SMEs	01 Oct 2015

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

€71.43K

EASME - EU Executive Agency for SMEs

01 Oct 2015

FAQ About Midea Group

With the vision of "Bringing Great Innovations to Life"... Our philosophy is to create a better life through technology.

Midea Group was founded in 1968.

Midea Group is headquartered in Foshan, China.

Midea Group operates in Consumer Electronics and Manufacturing. Its work centres on Smart Home, Electro-Mechanical, HVAC & Building Technologies and Robotics & Automation.

Midea Group has approximately 17256 employees.

Midea Group has completed 1 funding round, raising a total of $71.43K. The latest funding stage is Grant.

Top alternatives and competitors to Midea Group include Ottomate International, Panasonic India, Swann Communications, Crestron Electronics, Prodrive Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Midea Group and Ottomate International are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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