Zongwei Technology develops the sTrak® series of intelligent magnetic-drive conveyance systems—ring, shuttle, switch, heavy-load and hybrid variants—targeting flexible automation needs. Its full-stack, in-house capabilities cover real-time systems, motion-control algorithms, servo drives, sensing and dedicated motors, and it touts a proprietary global optimal control algorithm. The sTrak platform and accompanying sTrak Studio software enable asynchronous, high-speed, modular conveyance useful in clean/sterile and high-precision environments. Products are deployed with customers in new-energy batteries, 3C electronics, automotive components, consumer goods and medical industries. The company plans to use the latest financing for team expansion, continued R&D, broadening the product system and overseas market expansion. Founded in 2020 and headquartered in Suzhou Industrial Park, Zongwei also operates R&D/production and service centers in Shanghai and Guangdong.

Total raised

$28M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2024