WeNext bags over $15m and 30 more deal updates from Greater China ResearchPremium
WeNext Technology Co., Ltd, a manufacturing industry-focused supply chain service platform, has secured over 100 million yuan ($15 million) in its Series A round jointly led by Chinese automobile manufacturer NIO’s PE arm NIO Capital and return backer CAS Investment Management, per a company statement on Monday.
CAS Investment Management, Avic United Innovation Technology and Ningbo Daxie Pengchuang Investment had made an undisclosed investment in WeNext in December 2020.
Index Capital served as the exclusive financial advisor for the latest deal.
WeNext’s offerings cover 3D printing, CNC machining, injection molding and vacuum casting.