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Motong Transmission announces completion of a new round (Series A) of financing

Number of views:... date:2023年03月23日 share:
On March 23rd, multi axis servo manufacturer Motong Transmission announced the completion of nearly 100 million yuan in Series A financing (previously, Motong Transmission had completed nearly 100 million yuan in Pre-A financing in November 2021). This round of financing is led by Guoke Investment and co invested by old shareholder Chuanshang Fund. The funds raised in this round of financing will be used to increase investment in innovative product research and development, improve the operation and control product line, and expand into new industries and markets.
As a national high-tech enterprise specializing in industrial servo drive systems, control systems, and I/O systems, Motong Transmission is a pioneer and promoter in the field of multi axis servo transmission in China. The company adheres to the concept of "focusing on industry innovation to empower multi axis scenarios", fully leverages its technological advantages, and builds a complete industrial control (servo, control, sensing) product matrix, committed to creating the most competitive industry solutions for the industrial control field!
 
This article is translated from the investment industry