Nanjing Wotian Technology Co., Ltd. completes Series C financing

In December 2020, Nanjing Wotian Technology Co., Ltd. completed a series C financing of tens of millions of yuan, and the new investors were Shenzhen Venture Capital, Zhongnan Capital, Xinfeng Investment, and Red Earth Galaxy.

Nanjing Wotian Technology Co., Ltd. completed the C round of financing, accelerated the development of the company, and made preparations for expanding new business, supplementing commercial closed loops, laying out new markets, expanding production lines, product research and development, expanding new areas, and going public.

This round of funds will be mainly used for continuous investment in the research and development of MEMS pressure sensor chips, automotive electronic sensors, and Internet of Things sensors, as well as the recruitment and training of outstanding talents.

What are the benefits of financing for us?

For companies, corporate financing solves the problem of funding, and financial support can help companies solve current problems and lay the foundation for their future development. The financing companies also provide professional opinions on products and technologies, or experience and thinking on company management, business models, and strategic directions, which are icing on the cake for companies. Get the investors' investment, and also get the resources behind the investors. Including but not limited to government, media, talents, market channels and channels for the next round of financing. Financing brings long-term and stable development to enterprises. Promote equity financing and jointly promote corporate development.

For our users, the effective financing obtained by the company is to better serve users, expand production lines, improve product quality, research and development of new products, introduction of outstanding talents, etc., aiming to improve the user’s product experience and to improve the product experience. Do to lay a solid foundation for the international.

Long-term technology accumulation has laid a good foundation for the development of Wotian Technology. As a domestic IoT sensor supplier, the company provides IoT product solutions for more than 70 countries and regions around the world. Looking to the future, Wotian Technology is committed to becoming a company A large-scale comprehensive enterprise group integrating R&D, production and trade.