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MT Secures Nearly RMB 100 Million Pre-Series A Financing to Become a Leading Domestic Drive & Control System Provider

2021-12-09

Recently, MT announced the completion of nearly RMB 100 million in Pre-Series A financing. This round is led by Yecao Venture Capital, with Chuan Shang Venture Capital Fund and Dingkun No.1 Fund participating as co-investors. The raised capital will be allocated to product R&D, deepened industry application deployment, brand influence expansion and market share growth.

Hou Wenke, Founder & Chairman of MT, commented: “This financing will enable us to ramp up R&D investment, deepen industry-specific applications and boost brand recognition, comprehensively lifting our overall corporate strength and market footprint. Over the next 2 to 3 years, backed by our in-house R&D advantages and innovation capabilities, MT’s team will expand the depth and breadth of our multi-axis drive products across industries, gradually shifting from supplying standalone automation hardware to delivering complete turnkey automation solutions.”

Founded in Shenzhen in October 2018, Motong is a high-tech enterprise specializing in industrial multi-axis servo drive systems, motion control systems and integrated drive-control solutions. As a pioneer and front-runner in the multi-axis drive sector, Motong holds a host of core proprietary technologies for multi-axis motion control. All product lines have obtained CE certification, the company has filed 19 national patents, and it has been accredited as a Software Enterprise and National High-Tech Enterprise.

Founder Hou Wenke studied under Professor Zhong Yanru, an industry luminary in drive technology and former Chief Engineer of Bosch Rexroth. He previously served as R&D Manager and Technical Director at multiple well-known drive manufacturers. All core team members hail from major industrial control suppliers, boasting years of profound experience in servo drive R&D, product engineering and production management.

The flagship M800 Series EtherCAT modular multi-axis servo stands out for its superior system performance, reliable quality and innovative form factor. Its exclusive one-drive multi-module architecture differentiates it from conventional products. Paired with Motong’s open EtherCAT master platform, the series has earned partnerships with numerous top industrial equipment manufacturers.

To date, Motong’s multi-axis servo systems have been widely deployed across diverse sectors: industrial robots (SCARA, Delta parallel robots, articulated robots), gantry manipulators, woodworking machinery, glass processing equipment, wire forming machines, metal cutting equipment, CNC engraving machines, semiconductor equipment and 3C manufacturing lines.

Ma Chi, Managing Director of Yecao Venture Capital, shared his insights: “Against the backdrop of Industry 4.0, servo systems — core components of high-end industrial automation — are witnessing robust market expansion. Traditional inverters and pulse-based servos can no longer meet the demands of multi-axis motion applications. Motong’s self-developed bus servo solutions address this pain point, with performance benchmarking directly against Yaskawa.

Furthermore, its proprietary modular multi-axis architecture drastically cuts customers’ delivery and on-site installation costs, while the common DC bus design reduces equipment failure rates and elevates operational efficiency.

As industrial automation demand surges, market appetite for servo and integrated drive-control products has multiplied. We have full confidence in MT’s proprietary core technologies and independent innovation capacity. We believe MT’s team will develop the most competitive drive & control systems for the industrial control sector and evolve into a domestic industry leader.”