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GZTECH secures nearly 100 million yuan in Series B funding led by Fortune Capital and Everbright Capital for industrial laser R&D.

GZTECH secures nearly 100 million yuan in Series B funding led by Fortune Capital and Everbright Capital for industrial laser R&D.

06/20/24, 4:36 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svgwuhan
Money raised
¥100 million
Industry
manufacturing
Round Type
series b
Investors
Everbright Capital, Fortune Capital
Wuhan Guangzhi Technology Co., Ltd. (GZTECH) has recently completed nearly 100 million yuan in Series B financing, with investment led by Fortune Capital and Everbright Capital. The funds will be primarily used for production line expansion and new product development.

Company Info

Company
Wuhan Guangzhi Technology (GZTECH) Corporation Ltd.
Location
wuhan, hubei, china
Additional Info
Founded in 2018, GZTECH is a company specializing in the research, development, production, and sales of advanced industrial lasers. The company has launched three main product lines: pure fiber lasers, pure solid-state lasers, and fiber-solid hybrid lasers, widely used in 3C, lithium battery, photovoltaic, and hard brittle material processing industries.

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