Shensi Technology completes Series A investment to accelerate market expansion and product development

Anhui Shensi Technology Co., Ltd. (hereinafter referred to as Shensi Technology) recently successfully raised tens of millions of yuan in Series A investment, which was jointly completed by Tongchuang Weiye and Xieli Investment. The funds raised this time will be mainly used for new product research and development, expanding production scale and strengthening marketing activities. Since its establishment in 2021, Shensi Technology has been committed to the research and development and production of current and position sensors, and its products are widely used in automobiles, new energy, energy storage, industrial automation and other fields. At present, the company has nearly 10 products that meet automotive-grade standards in mass production, and more than 10 innovative products are in the research and development stage. Although the company was established not long ago, Shensi Technology has successfully completed three rounds of financing, with a cumulative amount of nearly 100 million yuan. The company's investor team includes not only the new Tongchuang Weiye and Xieli Investment, but also old shareholders such as Zhongnan Venture Capital, Delian Capital and Juhua Chuanxin.