On July 10, 2023, Shanghai Tuyang Information Technology Co., LTD. (Tuyang Technology), a leading enterprise in the 3D machine vision industry, officially announced the completion of the C+ round of financing. The investment was led by Shanghai Guxin Investment Holding Co., LTD. (its Yangtze River Delta (Hefei) digital Economy Equity investment fund), followed by entrepreneur and individual investor Wang Yuan.

This round of financing will mainly be used to expand investment in major research and development projects with strategic value. This is the second financing completed by Tuyang Technology this year after the C round of financing led by the China Open Manufacturing Transformation and Upgrading Fund at the beginning of the year.

2023 is a year full of challenges, both facing macroeconomic pressure, but also produced the urgent need for intelligent and less human manufacturing; Influenced by the China-Us relations and the international situation, we have also seen more international customers’ positive recognition of Chinese enterprises.

As a leader in the industry, Tuyang Technology has always stood at the forefront of technology development, driven by real demand and use value, forward-looking layout technology research and product development, and continue to launch new 3D camera hardware products and supporting software to serve more customers and application scenarios. Practice the vision of “promoting the large-scale popularization of 3D machine vision through technological innovation and using the most cost-effective products and services”.

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This year, Tuyak will launch more than six new 3D industrial camera hardware products, and more than two new products will be released in each of the three series of TOF, speckle structured Light and fringe Structured light. At the same time, Tuyang is also about to release a new software platform product Vision++ (VisionPlusPlus/VPP), which is a general 3D vision secondary development platform software, will greatly promote the 3D vision development threshold lower, thereby driving the expansion of 3D developers and application scenarios.

After this round of financing, Tuyang will expand investment in major research and development projects with strategic value, and further improve the threshold of core technology and new product development capabilities after 1-2 years. The depth and capability of this roadmap are the core values of technology product companies. The process of transforming the original underlying technology from research and development to products basically takes more than 1-2 years, so the general technology investment cycle and business prosperity cycle are time-misaligned. In the relatively uncertain market environment, grasp the certain industrial laws and increase the investment in basic technology research and development with long-term strategic value, which reflects the common market pattern and strategic concentration of the company’s team and investors.

Firmly invest in core technologies and look forward to the industry prospects with optimism. We hope that more partners will join the 3D vision industry and expand the scale of the industry. More developers devote themselves to 3D vision research and development and promote the development of technology.