CASMT
Latest round
- Series C
Last raised
- Oct 2024
Total raised
- $25M
Investors
- 10
About CASMT
Based in Changzhou, China and founded in 2019, CASMT operates as an intelligent manufacturing one-stop overall solution provider, focusing on research and development of intelligent equipment overall solutions for the new energy automotive industry. CASMT is jointly established by Motong Robotics, Changzhou Venture Capital Group and Jiangsu Intelligent Institute of Chinese Academy of Sciences. The company has acquired High-Tech Enterprise Certificate and Contract and Creditworthy Enterprise Certificate. The company's core business can be divided into five categories which are flexible intelligent production line, robot system integration, intelligent storage AGV, digital factory planning, design and operation and maintenance hosting. The products and technologies of the company can be used in lithium-hydrogen fuel, automotive industry, 3C semiconductor, traditional process manufacturing and general industrial high-end equipment customization field. The company generates revenue by providing automated, information-based and intelligent production solutions. The company will use the funds to build a production base for intelligent equipment for the new energy industry in Siyang. It will also continue to delve into areas such as thermal management, energy storage batteries, flat wire motors, and wire-controlled chassis. It is preparing to complete the listing in 2025.
Who invested in CASMT
10 investors across 5 rounds
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Questions about CASMT
Who invested in CASMT?
CASMT has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CASMT raised?
CASMT has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did CASMT last raise money?
CASMT's most recent round on record is a Series C, in Oct 2024.
What does CASMT do?
Based in Changzhou, China and founded in 2019, CASMT operates as an intelligent manufacturing one-stop overall solution provider, focusing on research and development of intelligent equipment overall solutions for the new energy automotive industry.
Where is CASMT headquartered?
CASMT is headquartered in Changzhou, China.
Which VCs invest in companies like CASMT?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back industrial machinery companies at CASMT's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series C
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