# Zhizhen Precision Instrument (Qingdao) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhizhen-precision-instrument-qingdao-co

- Industry: Semiconductors
- Headquarters: Qingdao, China
- Website: www.truth-instruments.com
- Total disclosed funding: $1.5M
- Latest round: Angel (May 27, 2022)
- Investors on record: 2

## About

Zhizhen Precision Instrument (Qingdao) Co., Ltd. is a manufacturer specializing in high-end scientific instruments, providing advanced solutions in atomic force microscopy, magnetic measurement, and semiconductor testing.Founded in 2019 and headquartered in Qingdao, China, Zhizhen Precision Instrument focuses on the research and production of precision scientific instruments. They have made one notable funding round, receiving CNY 10 million in an Angel round in May 2022, backed by investors Baiyan Fund and TusStar. The company aims to enhance its product offerings and market reach through this investment.Zhizhen Precision Instruments Co., Ltd. specializes in the research and production of high-end scientific instruments, focusing on atomic force microscopy (AFM), magnetic measurement equipment, and semiconductor testing devices. Their core offerings include advanced AFM systems designed for scientific research and semiconductor manufacturing, enabling nanoscale surface characterization and magnetic property analysis essential for various applications in materials science and engineering. These instruments cater primarily to academic institutions, research organizations, and semiconductor manufacturers across North America, Europe, and Asia, where there is a growing demand for precision measurement technologies. The company emphasizes innovation through collaborations with research institutions, aiming to provide customized solutions that meet the specific needs of their clientele.Zhizhen Precision Instruments operates on a B2B model, supplying its products to research institutions and semiconductor manufacturers through direct sales transactions. The revenue structure includes the sale of flagship products such as high-precision vibrating sample magnetometers and various atomic force microscopes, marketed as solutions for critical applications in materials science and semiconductor testing. Transactions are executed through direct sales agreements, where clients procure equipment based on their unique testing requirements, potentially coupled with service agreements for ongoing technical support and maintenance.In May 2022, Zhizhen Precision Instrument (Qingdao) Co., Ltd. raised CNY 10 million in Angel funding. The company plans to utilize these funds to increase research and development, expand its workforce, and enhance market development initiatives. Future growth strategies include launching new products that are currently in design phases and targeting expansion into additional geographic regions. The focus is on increasing market presence in North America and Europe by the end of 2023.

## Funding rounds

- Angel, May 27, 2022, $1.5M — TusStar, Baiyan Fund

## Investors

- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel
- Baiyan Fund — Angel