Nanjing Wotian Technology Co., Ltd. completes round B financing

In December 2019, Nanjing Wotian Technology Co., Ltd. completed tens of millions of yuan in Series B financing. This round of financing was promoted by Yida Capital, and the old shareholders moved to balance the capital investment.

The financing amount of this round will focus on the continuous investment in MEMS sensor chips, the development of IoT sensors, and the recruitment and training of outstanding talents.

An enterprise, after the initial capital injection, the later capital investment will be relatively huge, such as research and development, market, expansion, marketing and so on. The financing of Nanjing Wotian provides huge opportunities and space for the development of the company. It will focus on market research and development, and develop products that adapt to the development of the times according to the industry's big data, increasing the company's market share.

It can be seen that financing can not only promote the development of enterprises and accelerate the pace of corporate growth. Another benefit of financing is the introduction of investors and optimization of the company's equity structure and management structure.

Under this financing, Nanjing Wotian will increase the scale of talent training. Talent training is the core competitiveness of an enterprise's development. Only by focusing on talent training can the company develop steadily. The incentive system and the reward and punishment system have been increased to increase the enthusiasm of staff and create a positive atmosphere.

According to the market situation, increase efforts to develop MEMS sensor chips. As the core of sensor and transmitter products, MEMS sensor chips play a decisive role in product stability and other performance. Continued investment in research and development of IoT sensors to meet market demand.

Nanjing Wotian Technology Co., Ltd. was established in 2005. After 15 years of development, Nanjing Wotian has become a leading domestic sensor supplier. The company provides solutions for IoT products in more than 70 countries and regions around the world. At the same time, the company plans to apply for listing in 2021 and will become an Internet of Things manufacturer integrating R & D, production and system integration.