Next Vision Tech Completes Rounds A and A+ of Financing

Machine vision company Next Vision Tech announced on Tuesday that it has raised over 100 million yuan ($15.72 million) in rounds A and A+ of financing. The funding was led by Inspiration Capital and Chengwei Capital, with Tsingyuan Ventures and Xiaomiao Longcheng as co-investors.

As a high-tech machine vision company, Next Vision Tech has been focusing on the design, R&D and manufacturing of 3D intelligent sensors and integrated software and system solutions, ever since its establishment five years ago. It is committed to improving industrial production efficiency and production quality.

With the fresh capital, the company says it will further deepen its strategic investment in the R&D of key technology innovations, product line expansion and product iterations in the field of industrial 3D vision products, both in China and abroad. Additionally, it will accelerate team expansion to deeply cover the 3D inspection and measurement market in the fields of consumer electronics, automobiles and new energy.

Its self-developed Laser Vision Measurement (LVM) series 3D laser sensors enable products with linearity better than 0.02% and repeatability reaching 0.1 micron by hardening the 3D imaging algorithm in the chip. In addition, the performance indicators of this product, such as resolution, measurement efficiency and adaptability, have reached the world leading level. This can help the company meet demand for inspection and measurement of higher resolution and more dimensions in complex industrial scenarios.

More than half of the over 60 intellectual property rights applied by Next Vision Tech are core invention patents focusing on optics and cameras. At present, Next Vision has accumulated profound experience in the stability design of opto-mechatronics integration, laser technology, high-precision calibration, high-speed and high-quality 3D data generation and processing.

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Next Vision Tech currently serves hundreds of customers in the fields of consumer electronics, automobiles and new energy, with benchmark customers including Apple, Huawei, BOE, CATL, SAIC Motor and other enterprises.