# Zhejiang Painier Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhejiang-painier-technology

- Industry: Agribusiness
- Headquarters: Jinhua, China
- Website: www.chinapioneer.com.cn
- Total disclosed funding: $11M
- Latest round: Series A (Jul 10, 2015)
- Investors on record: 4

## About

Based in Jinhua, China and established in 2004, Zhejiang Painier Technology Inc. is an agriculture machinery manufacturer, integrating R&D, production and sales. The company is a National High-tech Enterprise and a member of China Internal Combustion Engine Industry Association. It has more than 200 authorized patents, including more than 30 invention patents, and 19 trademarks, including 1 Madrid trademark and 7 EU trademarks. In July 2015, Zhejiang Painier Technology Inc. raised CNY 50 million in series B funding from new investors Zhejiang Zheke Investment Management, Hangzhou Wisdom Wealth-Sharing Investment Management, Zhenong Keye. In December 2016, it was listed on the New Third Board.

Zhejiang Painier Technology Inc. utilizes metallographic analyzers, roughness testers, wire cutting machines, eddy current dynamometers and other processing and testing equipment and adopts CAD, CAE, CAM and other technologies to develop and produce products. The company's products include chainsaws, lawnmowers, hedge trimmers, tree diggers, cutters, blowers, outboards, and other civilian and military multifunctional agricultural equipment.

## Funding rounds

- Series A, Jul 10, 2015, $8.2M — Zheke Investment Management, Wisdom & Wealth Investment Management, Zhenong Keye Capital
- Series A, Apr 1, 2015, $3.2M — KYMCO Capital

## Investors

- KYMCO Capital (https://capitalatlas.ai/funds/kymco-capital) — Series A
- Zheke Investment Management (https://capitalatlas.ai/funds/zheke-investment-management) — Series A
- Wisdom & Wealth Investment Management — Series A
- Zhenong Keye Capital (https://capitalatlas.ai/funds/zhenong-keye-capital) — Series A