Enterprise trends

SINCEVISION Completes B+ Financing Round

2021-09-15

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SINCEVISION

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At the beginning of the new year, SINCEVISION successfully completed the B+ round of financing, earning hundreds of millions of RMB. This round of financing was jointly led by Matrix Partners and Hillhouse Captial, and industrial capital followed. This round of financing will be used to increase investment in research and development, accelerate team upgrades, and expand product lines.

 

01

SINCEVISION Statement

 

SINCEVISION is positioned in the R&D and production of "industrial sensors", and is committed to becoming a world-class industrial sensor enterprise.

Eight years after our establishment, with 3D industrial sensors as our starting point, we have launched a number of product lines including line laser, point laser, and point spectrum lines. Dozens of product series have now entered the stage of mass sales. At present, the company's mass-produced products have broken the foreign monopoly in the field and become the market leader among domestic brands. In addition, some of our mature products, represented by line lasers, have achieved globally leading performance parameters.

Since the release of our first generation SR7000 line laser, we have maintained an annual growth rate of no less than 70%. Today, the SINCEVISION brand has gradually become well known to people in the automation field. We have served hundreds of customers, among which the terminals cover major leading brands in domestic and foreign consumer electronics, lithium batteries, and photovoltaics.

In the past eight years, SINCEVISION has devoted itself to 3D measurement. In the future, we intend to sustain our ingenuity and actively develop more product lines. We will accelerate the domestic replacement of industrial sensors, reduce costs and increase efficiency for customers, and contribute the power of SINCEVISION.

We are very grateful to Matrix Partners, Hillhouse Captial, and our industrial partners for their recognition and support of SINCEVISION in this round of financing. We will never forget our original mission, put our business first, focus on our customers, and create value for shareholders.


02

Investor Statements


 

Li Liang, Hillhouse Captial founding partner:

“In the context of the accelerated advancement of intelligent manufacturing and automation in China, industrial vision offers opportunities for rapid growth. As the core general components of industrial vision, industrial cameras play a key role in industrial inspection, measurement, guidance, identification, and other aspects. Among them, 3D industrial cameras have been widely used in many industrial scenarios. They offer the advantage of accurate multi-dimensional information, and the growth rate is very promising. SINCEVISION is a team dedicated to technological innovation in the field of industrial cameras. Through their accumulation of industrial know-how and continuous breakthroughs in core technologies such as machine vision, 3D algorithms, optical imaging, and precision measurement, its products have made breakthroughs that put them ahead of their peers in professional data categories such as measurement accuracy, speed, and range. Their products also fill the gap in domestic high-speed and high-precision 3D detection technology in China. We very much looking forward to building a strong domestic industrial sensor brand and becoming a first-class industrial sensor company in China.”

 

Zhou Wei, Matrix Partners director 

“SINCEVISION is an important component in Matrix Partners’ layout in the field of intelligent manufacturing. We are very optimistic about the huge opportunities for machine vision and intelligent sensors in China's industrial manufacturing field. We also agree with the pragmatic and rigorous craftsmanship of the SINCEVISION team, their long-term focus on industrial complex scenes, their continuous iterative innovation in products, and their successful batch verification in many industry benchmark companies such as 3C, new energy lithium battery, and photovoltaics, for which the feedback has been good. We look forward to working with them for a long time to come, forging ahead, pursuing excellence, and continuing to contribute to the implementation of China's strategy to build itself into a strong manufacturing power.”


03

Join SINCEVISION

 

After this round of financing, SINCEVISION will further increase Invest in R&D to speed up team upgrades.

We, in the blue ocean of tens of billions of industrial sensors, promote precision manufacturing for localized national brands.

We have a first-class R&D team for industrial products, and have used 3D sensors to build the "SINCEVISION" brand from 0 to 1.

We, with the powerful support of the leading investment institutions in the industry, are racing ahead on the road to capitalization.

In the future, we are committed to becoming a world-class industrial sensor brand. We have already taken the journey from 0 to 1, and we look forward to you joining us on the path from 1 to N.

Join us and you will receive:

Competitive salary

Don't just dream. SINCEVISION treats our people well.

 Option incentives

We’re making a big cake, and we will share it with you.

Interesting and challenging career

We continuously roll out new products, so you’ll never get bored. Where you want to fit in our continuously growing R&D team, from technology to management, is up to you.

Tolerant and caring workplace

We are strict with our products and generous with our people. Come experience SINCEVISION’s tolerant atmosphere and pure engineering culture.

Ultimate sense of accomplishment

You will witness one product after another pass through your hands and enter a million different corners of Made in China, as well as our pursuit and surpassing of foreign competitors as a national brand.

At the same time, you will also witness SINCEVISION’s step-by-step growth, from start-up company to an established enterprise. The enthusiasm, expectation, and sense of achievement that can only be found in entrepreneurship await you.