Prime Drive Tech

Industrial MachinerySeries AChangzhou, China

Latest round

Series A

Last raised

Dec 2024

Total raised

$4.1M

Investors

1

About Prime Drive Tech

Founded in 2021 and based in Changzhou, China, Prime Drive Tech is an electronic equipment company that focuses on the research and development of high flux power systems.more than 10,000 square meters. The company's main product is high flux power systems. The high flux power system consists of a switched reluctance motor, high magnetic permeability materials and a DC servo control system. The company's products are used in oil fields, coal mines and other fields. The company’s revenue is generated by providing high-flux power systems.

Who invested in Prime Drive Tech

1 investor across 1 round

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Funding rounds

  1. Series A

    Dec 18, 2024

    Amount

    $4.1M

    Investors

    Locked

Questions about Prime Drive Tech

Who invested in Prime Drive Tech?

Prime Drive Tech has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Prime Drive Tech raised?

Prime Drive Tech has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Prime Drive Tech last raise money?

Prime Drive Tech's most recent round on record is a Series A, in Dec 2024.

What does Prime Drive Tech do?

Founded in 2021 and based in Changzhou, China, Prime Drive Tech is an electronic equipment company that focuses on the research and development of high flux power systems.

Where is Prime Drive Tech headquartered?

Prime Drive Tech is headquartered in Changzhou, China.

Which VCs invest in companies like Prime Drive Tech?

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 Prime Drive Tech's stage. Their profiles are linked below.

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