# YTL CNC Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ytl-cnc-technology

- Industry: Industrial Machinery
- Headquarters: Shanghai, China
- Website: www.yitelish.com
- Total disclosed funding: $24M
- Latest round: Series C (Dec 17, 2021)
- Investors on record: 7

## About

Established in 2015 and based in Shanghai, China, YTL CNC Technology is a manufacturing company that focuses on the research and development, production and sales of five-axis milling machine tools. The company is mainly involved in the field of Rail transit, aerospace, automobiles, molds, wind power, new energy and new materials. The company has completed 6 rounds of funding as of 2021. The company has more than 15 years of professional production experience, 40,000 square meters of independent professional workshops, 85 authorized patents and 10 series of high-end processing equipment as of 2021.

The company self developed products include TITAN-A heavy-duty five-axis bridge gantry processing equipment, GRANDE high-speed five-axis gantry composite processing equipment, SAKER efficient five-axis horizontal turning plate processing equipment, ELITE horizontal boring and milling machine, PROFILE double gantry processing and so on.

The company plan to use the series C funding for increase investment in independent research and development, improve production and manufacturing capabilities.

## Funding rounds

- Series C, Dec 17, 2021, $24M — Richland Capital, Hengying Fund, Shanghai SMI Holding, Zhongxin Capital, Chaohui Capital, Huayi Venture Capital
- Series B, Sep 22, 2021 — Redbud Capital, Shanghai SMI Holding, Zhongxin Capital

## Investors

- Redbud Capital (https://capitalatlas.ai/funds/redbud-capital) — Series B
- Shanghai SMI Holding — Series B, Series C
- Zhongxin Capital — Series B, Series C
- Richland Capital (https://capitalatlas.ai/funds/richland-capital) — Series C
- Hengying Fund — Series C
- Chaohui Capital — Series C
- Huayi Venture Capital (https://capitalatlas.ai/funds/huayi-venture-capital) — Series C