The Venture Codex Logo

The Venture Codex

Supermag

G4-7 Floor, Artificial Intelligence Industry Park, No. 88 Jinji Lake Avenue, Suzhou Industrial Park, Suzhou, Jiangsu, Not provided, China

Overview

Supermag Intelligent Technology develops magnetic levitation technology for industrial applications. Founded in 2017 and based in Suzhou, the company applies its technology across bioprocessing, semiconductor and chemical industries. Its core offerings are magnetic levitation systems tailored to those sectors. The firm secured 100 million yuan (about $14 million) in a Series A round. It plans to use the proceeds for marketing, product development and team expansion.

Total raised
$14M
Funding rounds
1
Latest round
Series A
Latest activity
Jan 2024

Industries

  • Hardware
  • Industrial Manufacturing
  • Manufacturing
  • Product Design
  • Product Research
Visit website

Recent funding

  1. Series A

    Jan 2024

    $14M

Team

No current team members are available.