Optical Valley Investment helps GZTECH to raise 100 million yuan to ignite a new engine of laser industry

Recently, GZTECH announced the completion of a series B financing of 100 million yuan. This round of financing by Dachen, Optics Valley Investment, Yichen Capital and other well-known investment institutions to participate in the financing funds are mainly used for production line expansion and new product development.

Founded in 2018, GZTECH is committed to the research and development, production and sales of advanced industrial lasers. Based on its own technology system, the company has launched three major technical lines, namely fiber lasers (MOPA, QCW/CW), solid-state lasers (nanosecond ultraviolet and green light) and light-solid hybrid lasers (fiber green light, picosecond, femtosecond). Products are widely used in 3C, lithium, hard and brittle materials processing and surface marking and other fields.

In the course of six years of development, GZTECH won the title of "Gazelle Enterprise" of Wuhan East Lake New Technology Development Zone, selected as "National High-tech Enterprise", Hubei Province "Specialized and special New Enterprise, Hubei Province double Innovation Strategy Team, the most influential manufacturing enterprise. 2023 Maker China Top 500 project, selected 2023 seed unicorn, Vico Cup Annual lithium Manufacturing Excellent solution, best fiber laser technology innovation Award and many other honors.

With the success of the B round of financing, GZTECH will further increase R&D investment in the future development, enhance product competitiveness, actively expand domestic and foreign markets, and strive to become the world's leading laser supplier. With the vigorous development of optical Valley laser industry, GZTECH will drive development with innovation, lead the market with technology, and make greater contributions to the development of laser industry in Optical Valley and even the whole country. 

In the future, Optical Valley will continue to pay attention to and support the development of GZTECH, promote the progress of its laser technology and industrial upgrading, and help the further development of the laser industry in the Optical Valley region.