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Completed Series B financing of tens of millions of RMB

Release time:2020-12-22Reading times:
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Wuhan Huagong Mingde Advanced Manufacturing Venture Capital Partnership (Limited Partnership), an equity participation fund of East Lake High-tech Group, conducted a series B lead investment of tens of millions of yuan for Wuhan Inphilight Technology Co., LTD., an enterprise in Optical Valley Core Park. This round of financing is led by Huagong Mingde Fund, Huace Education Investment Fund under Provincial high Investment, and Rui Yang Fund under Tianfeng Tianrui.

This round of financing aims to further improve the production turnover capacity of high-speed optical module products, help it seize opportunities in cloud computing, 5G, big data and other industries, and strive to become a leader in the long-distance transmission optical module segment market. The lead investor, Huagong Mingde Fund, was jointly initiated by Wuhan East Lake High-tech Group Co., Ltd. and Wuhan Huagong Venture Capital Co., LTD., aiming to invest and support the new generation of information technology, high-end manufacturing, new materials and other emerging industrial enterprises in the park of East Lake High-tech Group.

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