Zongwei Technology Raises CNY 200M Series B Led by Jingwei Venture Partners

Zongwei Technology Secures CNY 200 Million Series B

Suzhou-headquartered Zongwei Technology, which operates under the product brand sTrak, has closed a CNY 200 million Series B round. The financing was led by Jingwei Venture Partners, with participation from BlueRun Ventures, Shunwei Capital and Shengbao Capital.

What the Company Does

Zongwei Technology develops intelligent magnetic-drive motion-control platforms, planar magnetic-levitation modules and special motors for smart manufacturing. Its full-stack motion-control systems are deployed across a range of production environments, including:

• New energy
• Consumer electronics
• AI infrastructure
• Automotive
• Semiconductor
• Medical production

The company's magnetic conveying technology is designed to give manufacturers precise, flexible control over material movement on the production line — a capability that becomes increasingly valuable as factories pursue higher levels of automation and throughput.

Deployment Scale

Zongwei Technology has built a meaningful installed base. According to the company, it has cumulatively deployed more than 2,000 projects and delivered over 90,000 meters of magnetic conveying track to customers in more than 16 countries. Order volume in 2025 is reported to be up more than 400% year over year, a signal of accelerating commercial traction.

Platform Expansion Into Embodied Intelligence

Beyond its core motion-control business, Zongwei Technology is extending its platform into industrial embodied-intelligence infrastructure. This includes joint and special motors for humanoid robots and collaborative arms — a natural adjacency for a company whose expertise centers on precision magnetic drive and motor technology.

The move positions Zongwei Technology at the intersection of two active industrial themes: advanced manufacturing automation and the emerging embodied-intelligence supply chain. Its existing relationships across semiconductor, automotive and electronics production give it a foothold with the kinds of customers that are beginning to evaluate robotics deployments at scale.

The Investor Group

The Series B was led by Jingwei Venture Partners. BlueRun Ventures, Shunwei Capital and Shengbao Capital also participated in the round. The combination of venture and strategic-oriented capital suggests continued confidence in the company's ability to scale both its core motion-control platform and its newer robotics-facing motor products.

Why It Matters

Magnetic-drive motion control sits at the center of efforts to make manufacturing lines more flexible and more efficient. Traditional mechanical conveying systems impose constraints on speed, changeover and layout; magnetic levitation and linear-drive approaches aim to remove those constraints. Zongwei Technology's cumulative deployment figures — over 2,000 projects and 90,000-plus meters of track across 16-plus countries — indicate that its systems have moved beyond pilot status into repeat production use.

The 2025 order growth figure, if sustained, would represent a step change in demand. The company's expansion into humanoid robot and collaborative arm motors also gives it optionality in a market that is attracting significant capital and industrial interest.

Acquisition Angle

For acquirers and strategic investors, Zongwei Technology offers a combination of installed base, international customer reach and a technology stack that spans motion control, magnetic levitation and special motors. The company's move into embodied-intelligence infrastructure broadens its addressable market and could make it relevant to robotics platforms, automation suppliers and industrial conglomerates looking to add differentiated motion-control capabilities.

The Series B provides capital to scale manufacturing, deepen customer deployments and continue development of its robotics-oriented motor products. With a lead investor in Jingwei Venture Partners and a syndicate that includes BlueRun Ventures, Shunwei Capital and Shengbao Capital, the company now has a funding base to pursue that expansion.