# Beijing Prosper Photoelectric Technology&Equipment Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-prosper-photoelectric-technology-equipment-co

- Industry: Industrial Machinery
- Headquarters: Beijing, China
- Website: www.chinapmt.com
- Total disclosed funding: $36M
- Latest round: Series D (Apr 24, 2023)
- Investors on record: 13

## About

Established in 2006 and based in Beijing, China, Beijing Prosper Photoelectric Technology&Equipment Co.,Ltd. operates as an ultra-precision CNC machine tools manufacturer that provides ultra-precision nano-optical machine tools and precision ultra-precision test equipment. In April 2023, the company raised over CNY 250 million in series D funding from Beijing High-precision Industry Development Fund, Beijing Xicheng Capital Holdings, China Galaxy Securities Co., Ltd., China Merchants Securities, Greater Bay Area Homeland Investments Limited, Shanxi Jinzi Fund Management and Zhongbo Capital. It has a CNC machine tool R&D and production base located in Zhuzhou.

The company develops precision five-axis power double pendulum head, ultra-precision spindle technology and precision and ultra-precision turntable technologies. Its products include five-axis linkage, gantry five-axis, turning and milling, CNC horizontal and CNC vertical machining center, CNC horizontal and vertical lathe, and precision grinding machine. Solutions include automobile manufacturing, mold manufacturing, general machinery and hydraulic engineering. The company will use optical ultra-precision precision process and technology down to the automotive parts, aerospace and other fields. It has many clients, such as CITIC Decca, Lizhong Group, Jinfei Group, Geely Automobile and BYD, etc.

## Funding rounds

- Series D, Apr 24, 2023, $36M — China Merchants Securities, Shaanxi Jinzi Fund Management, China Galaxy Securities Co., Ltd., Greater Bay Area Homeland Investments Limited, Beijing High-precision Industry Development Fund, Zbjl Capital, Beijing Xicheng Capital Holdings
- Series B, Dec 24, 2019 — Hexagon Investment Management, HIIG Equity Fund, Hangshi Group
- Series A, Jun 27, 2014 — Kaitai Capital, China BaoAn Group, Taihua Venture Capital

## Investors

- Kaitai Capital (https://capitalatlas.ai/funds/kaitai-capital) — Series A
- China BaoAn Group — Series A
- Taihua Venture Capital (https://capitalatlas.ai/funds/taihua-venture-capital) — Series A
- Hexagon Investment Management (https://capitalatlas.ai/funds/hexagon-investment-management) — Series B
- HIIG Equity Fund (https://capitalatlas.ai/funds/hiig-equity-fund) — Series B
- Hangshi Group (https://capitalatlas.ai/funds/hangshi-group) — Series B
- China Merchants Securities — Series D
- Shaanxi Jinzi Fund Management (https://capitalatlas.ai/funds/shaanxi-jinzi-fund-management) — Series D
- China Galaxy Securities Co., Ltd. — Series D
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series D
- Beijing High-precision Industry Development Fund — Series D
- Zbjl Capital (https://capitalatlas.ai/funds/zbjl-capital) — Series D
- Beijing Xicheng Capital Holdings — Series D