Mofang Precision successfully completed a Series D financing round of 160 million yuan, led by prominent investment groups to enhance its capabilities in the expanding 3D printing market.
Target Company Overview
Chongqing Mofang Precision Technology Co., Ltd. (referred to as 'Mofang Precision') is a leading manufacturer specializing in high-precision 3D printing technology. Recently, the company has announced the successful completion of a Series D funding round, amounting to 160 million yuan. This financing is intended to bolster its innovation capabilities and expand its operational capacity in the competitive 3D printing sector.
With a strong focus on advanced manufacturing solutions, Mofang Precision aims to cater to diverse industries requiring precision components. The financial support from notable investment groups underscores the confidence in Mofang's vision and technological advancements in 3D printing.
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Industry Overview in China
The 3D printing industry in China has been experiencing significant growth, driven by technological advancements and increasing demand for customized manufacturing solutions. The ma
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Disclosed details
Transaction Size: $23M