Manufacturing

The digital inkjet printing material company, MoDeInk recently announced the completion of its Series A round of financing, invested by Shunde Kecan Group and Weifeng Capital, raising tens of millions of yuan.

According to Reuters news, several people familiar with the matter said that drone manufacturer DJI has slashed its global sales and marketing team staff, which has been reduced from 180 to 60 in recent months.

Xiaomi Lei Jun released a “transparent TV” at its tenth anniversary celebration today.

On August 6, Jaour Hot Melt Adhesive, a leading firm in the Chinese hot-melt pressure-sensitive adhesive industry, completed a new financing round led by Addor Capital, with participation from Shenzhen Capital Group and Caleb Capital.

UTECH, a high precision 3D machine vision solution provider, has recently garnered tens of millions of yuan in financing from Pure Funds, Cowin Capital and Shihu Capital.

Yungongchang.com, an Internet platform for the manufacturing industry, recently completed a 100 million yuan Series B round of financing led by Echo Capital.

On July 28, the construction of RMaaS (robot manufacture as a service) robot manufacturing base in Shenzhen was completed.

On July 31, Standard Robots, an industrial flexible logistics service provider, has recently closed its Series B round worth 100 million yuan. The round was co-led by Lightspeed China Partners and Source Code Capital. The proceeds will be primarily used for product line upgrades, mass production, overseas market expansion and more.

On August 3, Zhongneng United, China’s leading engineering equipment service platform, announced the completion of a Series C1 round.