Industrial Next Secures $12M in Pre-A Financing
The leading investors in this round were Lenovo Capital and Incubator Group, while co-investors were Xiaomi‘s strategic investment department and Axpfund. The firm’s existing shareholders, MiraclePlus and YC from the US, also joined in the round. The funds will be mainly used for technology R&D, market expansion and other purposes.
Industrial Next is an advanced manufacturing technology services provider dedicated to helping OEMs build their own factories and providing a new generation of production line technology. Its core products include process intelligence technology, MES and MOS (Material Operating System) software, and so on. It hopes to improve, upgrade and popularize the production line technology that has been verified in Tesla, and focuses on serving emerging OEM manufacturers of new energy vehicles around the world.