PMT Technologies raises 100M CNY Series B for measurement tech

What's the deal? Chinese measurement technology company PMT Technologies has raised nearly 100,000,000 CNY (roughly $14.8 million) in a Series B round. Changshu Guofa Venture CapitalDealroom has a profile for this one. Try Dealroom → led the round, with Tianjin TedaDealroom has a profile for this one. Try Dealroom → participating.

What does PMT do? The company develops and produces measurement technology in-house, working across portable measurement, optical measurement, and encoders. It supplies core technology development and customisation to measurement firms worldwide.

The signal: Backing from state-linked investors points to continued interest in Chinese firms building domestic capability in precision measurement, a field where core technology has traditionally relied on established global players.

Image credit: Nellis Air Force Base

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