About WayzIM
WayzIM is a company based in Wuxi (China) founded in 2016. WayzIM has raised $32.56 million across 1 funding round from investors including Shenzhen Capital Group, Casstar and Xinchao Innovation Investment Group. WayzIM operates in a competitive market with competitors including Central Conveyor, Vega Conveyors and Automation, Compass Systems, NORCAN and BloApCo, among others.
- Headquarter Wuxi, China
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
$335.65 M (USD)26.35as on Dec 31, 2024
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Net Profit
-$11.61 M (USD)-506.43as on Dec 31, 2024
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EBITDA
-$9.47 M (USD)-224.38as on Dec 31, 2024
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Total Equity Funding
$32.56 M (USD)
in 1 rounds
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Latest Funding Round
$32.56 M (USD), Series C
Apr 16, 2020
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Investors
Shenzhen Capital Group
& 5 more
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Employee Count
Not available
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Funding Insights of WayzIM
WayzIM has successfully raised a total of $32.56M through 1 strategic funding round. The most recent funding activity was a Series C round of $32.56 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in WayzIM
WayzIM has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Shenzhen Capital Group, Casstar and Xinchao Innovation Investment Group.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital, equity investment, and fund management services in China.
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Casstar is focused on early-stage investments in hard technology.
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A private equity firm focused on semiconductor industry investments.
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Investor details for WayzIM
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Investments & Acquisitions by WayzIM
Investment portfolio details for WayzIM
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Financial Statements - WayzIM
Detailed financials for WayzIM
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Wayzim Comparisons
Peer comparison for WayzIM
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Competitors of WayzIM
WayzIM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Central Conveyor, Vega Conveyors and Automation, Compass Systems, NORCAN and BloApCo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automated conveyors and material handling systems are manufactured and supplied.
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Material handling and conveying equipment is manufactured for automation needs.
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Pneumatic and steel hinged belt material handling solutions are provided.
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Provider of collaborative robot for material handling
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Waste handling and processing systems are manufactured by BloApCo.
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Manufactures conveyors and filtration systems for industrial chip and scrap handling.
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Detailed competitors of WayzIM
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Latest news on Wayzim
Complete news archive for WayzIM
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Frequently Asked Questions about WayzIM
WayzIM was founded in 2016 and raised its 1st funding round 4 years after it was founded.
WayzIM is headquartered in Wuxi, China. It is registered at Wuxi, Jiangsu, China.
WayzIM is a funded company, having raised a total of $32.56M across 1 funding round to date.
Annual revenue of WayzIM is $335.65M as on Dec 31, 2024.
WayzIM was founded in 2016 and is headquartered in Wuxi, China. Intelligent manufacturing systems are developed by the company to support operational efficiency in industrial settings. Focus is placed on automation and optimization technologies within the manufacturing sector. Services include system integration and deployment for various production environments. Operations are centered in China, serving clients seeking productivity improvements through smart solutions.
WayzIM's top competitors include Vega Conveyors and Automation, Central Conveyor and Ultimation.
WayzIM has 6 investors. Key investors include Shenzhen Capital Group, Casstar, Xinchao Innovation Investment Group, Green Pine Capital Partners, and Wuxi.