In August 2023, Shanghai Fenglei Information Technology Co., Ltd. (hereinafter referred to as "Fenglei Technology") has recently completed a Series A financing of over 100 million yuan. This round of financing was invested by CDH VGC, Hillhouse Capital and other institutions. The financing funds will be mainly used for new product R&D, market expansion and mass production environment construction.
Fenglei Technology was established in 2015 and is a manufacturer focusing on the R&D, production and sales of high-security industrial control basic software and hardware and industrial software for high-end equipment development process. Fenglei Technology focuses on the core technology of industrial R&D design software. After nearly 20 years of accumulation and precipitation, the team has formed two major product series, SMAVE and ACEPHERE, to solve the long-term pain points faced by industrial control.
CDH VGC said that industrial control is the basis for achieving industrial automation and belongs to the infrastructure of high-end manufacturing. The development and design platform technology of its basic software and hardware has high technical difficulty and industry threshold. Fenglei Technology team has long focused on the development platform of industrial control system software and hardware, with solid product technology, which has been widely recognized by downstream head customers, and the industrialization progress is rapid. CDH VGC is optimistic about the long-term development trend of the country in industrial automation and intelligence, and also optimistic about the huge development potential of Fenglei Technology in this long-term trend.
Llinks acted as the legal counsel for CDH VGC and provided professional legal services for CDH VGC's investment with its rich project experience in the field of investment and financing.
Llinks Team:
Partners: Selena She, Colin Shi