Industrial internet technology platform service provider MoreWis closes multi-million-yuan Series A2

Industrial Internet technology platform service provider MoreWis has completed its Series A2 financing round raising tens of millions of yuan from Chenshan Capital, an early investment platform of CBC Capital. Earlier, the company had obtained an angel round of investment from Capital Nuts and Series A1 round from Japan’s Softbank Group.

Industrial Internet technology platform service provider MoreWis has completed its Series A2 financing round raising tens of millions of yuan from Chenshan Capital, an early investment platform of CBC Capital. Earlier, the company had obtained an angel round of investment from Capital Nuts and Series A1 round from Japan’s Softbank Group.

The proceeds from the fresh round will be used to continue to optimize the existing industrial Internet technology platform and focus on cultivating industry ISVsto jointly create digital applications in the field of smart manufacturing.

MoreWis is a provider of a cloud manufacturing execution system. The company’s product is used in industries such as surface mounted technology, electronic assembly, green energy battery solution, and smart factory, enabling clients to incorporate data analytics and real-time monitoring into production.

The smart applications of MoreWis have been implemented in various sectors, including aerospace, biomedicine, auto parts, mechanical equipment, power grid, information communication, new energy and others, and there are already 100+ ISV and 10,000+ SaaS enterprise users.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/26/industrial-internet-technology-platform-service-provider-morewis-closes-multi-million-yuan-series-a2/.

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