# Vtran Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vtran-tech

- Industry: Electronics
- Headquarters: Changzhou, China
- Website: www.vtrantech.com
- Total disclosed funding: $1.5M
- Latest round: Series B (Jan 20, 2021)
- Investors on record: 3

## About

Established in 2017 and based in Changzhou, China, Vtran Tech operates as a sensor supplier and Internet solution provider that develops chips, modules and systems. The company has set up R&D and sales bases in Shanghai and Shenzhen. Some enterprises, such as China Telecom, China Unicom, China Mobile, Huawei, and ZTE, have cooperated with the company. The company's modular products are honored as excellent suppliers for on-street parking.

Vtran Tech has sensor technology, Core technology, and geomagnetic technology, Wise Parking, to provide users with magnetic and MEMS motion sensor products. Its main products are sensor chips and sensor module sets. The products can be used in a variety of IoT and industrial fields such as drones, traffic detection, door magnets, cylinders, flow meters, and magnetic programming modules. Its product, geomagnetic parking detector, has been applied in landing smart parking projects in more than 100 cities.

The company will focus on the R&D and industrialization of automotive-grade and industrial-grade high-end magnetic sensor chips, and promote the application and market development of magnetic encoder and automotive wheel speed sensor products.

## Funding rounds

- Series B, Jan 20, 2021 — Addor Capital
- Series A, Oct 6, 2018, $1.5M — Qingyan Capital, Sinohytec

## Investors

- Qingyan Capital — Series A
- Sinohytec — Series A
- Addor Capital (https://capitalatlas.ai/funds/addor-capital) — Series B