Founded in 2019, Panther Technology (槃实科技) applies high-precision magnetic-levitation technology to create bearingless pumps that eliminate mechanical contact, friction and contamination. Its fully self-developed product line now spans 30 W to 6,000 W models, with the 6 kW unit claimed as an industry first to reach mass production. The company holds more than 130 core patents and operates roughly 6,000 m² of combined R&D and manufacturing space. Leading Chinese semiconductor customers have certified and are already deploying the pumps, breaking a two-decade overseas monopoly in this critical wet-process component. Management plans to use the new capital to scale production capacity for semiconductor demand and accelerate expansion into biopharmaceutical, medical-device and fine-chemical markets. With global semiconductor equipment sales at US$117 billion and mainland China accounting for US$49.6 billion yet only ~20 % domestic share, Panther believes import substitution leaves it significant headroom for growth. No revenue figures were disclosed, but the company has been recognised as a national high-tech enterprise and a Shenzhen “seed unicorn,” signalling early commercial traction.

Total raised

$14M

Funding rounds

2

Latest round

Series A

Latest activity

Feb 2026