Loading organizations...
MilkyWay is a technology company.
Milkyway Intelligent Supply Chain Service Group delivers integrated logistics and chemical supply chain management solutions. It offers freight forwarding via ocean, air, and rail, alongside project logistics, chartering, and tank container services. Leveraging IT innovations, including a VR Warehouse Viewing System, the company enhances efficiency and safety in its contract logistics and chemical distribution.
Founded in 1998 by Chen Yinhe, Milkyway Intelligent Supply Chain Service Group arose from the critical need for safer, more efficient chemical supply chain operations. Chen Yinhe, also Chairman and President, established the firm to address demanding logistics, building specialized expertise over two decades.
Milkyway serves global enterprises needing logistics and supply chain services in the chemical sector. Its mission is to be a leading one-stop provider of comprehensive logistics solutions, advancing capabilities through technological integration and operational excellence. The company envisions delivering reliable, efficient, and secure supply chain management, adapting to partners' evolving needs.
MilkyWay has raised $5.0M across 1 funding round.
MilkyWay has raised $5.0M in total across 1 funding round.
MilkyWay has raised $5.0M in total across 1 funding round.
MilkyWay's investors include Divergence Ventures, George Lambeth, Jia Yaoqi, Kenny Li, Michael Ng, Mustafa Al-Bassam, Rushi Manche, Shin Chan, Stan, Stanford Liu, Binance Labs, Crypto.com.
Milkyway is a technology company specializing in AI-powered green cloud services and sustainable IT solutions, offering up to 50% cost reductions through patented energy-saving technologies.[1] It provides secure, reliable cloud infrastructure with features like modular elastic compute, virtual private clouds, and 24/7 support, alongside endpoint management tools for asset management, security, backups, and AI-powered help desks; these serve businesses worldwide across 50+ countries, solving high cloud costs, energy inefficiency, and IT management complexities while promoting sustainability with a Power Usage Effectiveness (PUE) score of 1.2.[1] The company operates data centers in the US (NY/NJ, VA, San Antonio, TX) and India (Mysore, Bangalore, Pune), boasting zero downtime since 2020 launch, guaranteed uptime, and energy savings measured in GWh.[1]
Growth momentum stems from its patented IPM+ Suite, Industry 4.0 IoT solutions like real-time energy audits and the world's smallest Edge-AI IoT gateway, driving efficiency for clients in cloud computing, endpoint management, and manufacturing.[1]
Milkyway launched its cloud services in 2020, achieving zero downtime since inception and rapidly expanding with data centers across the US and India.[1] While specific founders are not detailed in available sources, the company emerged from innovations in patented energy-saving technologies, including the IPM+ Suite, to address escalating cloud costs and sustainability demands in data centers.[1] Early traction came from delivering unmatched PUE of 1.2, client satisfaction in cost savings, and global support in 50+ countries, positioning it as a pioneer in AI-driven green cloud infrastructure.[1]
(Note: A separate entity, Milkyway Technologies Limited, focused on mushroom spawn production since 1997 under leadership like Group CEO Atul Saxena and Late Dr. Jhoathan Scot Shaw, but this appears unrelated to the technology company described.[2])
Milkyway rides the green cloud and AI sustainability trend, capitalizing on surging demand for energy-efficient data centers amid rising cloud spend (projected to exceed $1 trillion globally by 2030) and regulatory pressures like EU Green Deal and US energy mandates.[1] Timing is ideal post-2020, as hyperscalers face PUE scrutiny (typically 1.5+), while Milkyway's 1.2 PUE and 30-50% savings disrupt with patented tech during the AI boom's power crunch.[1] Market forces favoring it include hyperscale capex constraints, edge computing growth, and corporate net-zero goals; it influences the ecosystem by enabling affordable, sustainable scaling for SMEs and enterprises, fostering IoT adoption in Industry 4.0, and proving green tech profitability.[1]
Milkyway is poised to expand its AI-green cloud dominance, potentially capturing share from legacy providers as AI workloads explode power needs—watch for more data center builds and IPM+ integrations with major clouds.[1] Trends like edge AI, zero-trust security, and carbon accounting will propel it, evolving its influence from cost-cutter to sustainability leader in a $500B+ cloud market. This innovation in profitable sustainability unlocks limitless potential, echoing its core mission.[1]
MilkyWay has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2024 | $5.0M Seed | Divergence Ventures, George Lambeth, Jia Yaoqi, Kenny Li, Michael Ng, Mustafa Al-Bassam, Rushi Manche, Shin Chan, Stan, Stanford Liu, Binance Labs, Crypto.com, Hack VC, Kony Kwong, Longhash Ventures, Polychain Capital |