Shengmai Electronics completed A+ round of financing

Shengmai Electronics is a manufacturer of automotive MEMS pressure sensors, mainly engaged in the research and development and manufacture of automotive pressure sensors, opening up a complete core technology chain from sensitive element design-chip design-circuit design-mass calibration capability-sensor component manufacturing. Recently, Shengmai Electronics completed the A+ round of financing of tens of millions of yuan. The investors of this round are Yonghua Investment, Wuxi Fuxin Venture Capital, Yunze Capital, Wuxi High-tech Venture Capital and individual investors. The new funds will help Shengmai Electronics establish an industry-leading automated production line, put advanced self-developed sensor chips and components into mass production, and provide high-performance pressure sensors for domestic vehicles.

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