Recently, Innosense Technology (Anhui) Co., Ltd. (hereinafter referred to as " Innosense Technology") announced the successful completion of its Series A financing. The funds raised will be mainly used to promote new product research and development, new production line construction and market promotion, injecting strong momentum into the sustainable development of Innosense Technology.
Innosense Technology was founded in 2021, with its flagship products being current sensors and position sensors, which are applied in four major fields: automotive, new energy, energy storage, and industrial automation. The company has nearly 10 automotive-grade products in mass production and over a dozen highly innovative products under development.
Driven by the energy revolution, the downstream demand for current sensors has been growing rapidly. In particular, the flourishing development of clean energy sectors such as new energy vehicles, photovoltaics, and energy storage has brought new development opportunities to the sensor industry. Mr. Zeng Fenglin, the founder and CEO of Innosense Technology, leveraged his keen insight into the development potential of current sensors to lead his team in continuously breaking through technological bottlenecks. They successfully developed the globally pioneering coreless VMI technology, establishing their own technological moat.
In addition, Innosense Technology has also launched high-precision, low-cost, and functionally safe current sensors based on open-loop Hall technology. Through proprietary error compensation algorithms and segmented gain calibration methods, the sensors achieve 0.5% accuracy across the full measurement range and temperature spectrum, with zero drift controlled within a minimal range, rivaling the overall performance of fluxgate technology. Meanwhile, the company has also incorporated functionally safe design and development into its sensors, enabling the products to achieve up to Functional Safety ASIL D, thereby better addressing customer pain points and creating value for them.
In addition to current sensors, Innosense Technology has actively expanded its product line to include position sensors. Position sensors are widely used in automotive, industrial automation, robotics, and other fields, offering a vast market space. As one of the earliest teams globally to research and develop eddy current position sensor technology, Innosense Technology has successfully developed multiple position sensor products with high precision, stability, and reliability, leveraging its profound technical expertise and accumulated experience, providing customers with more diverse sensor solutions.
With the conclusion of its latest round of financing, Innosense Technology is poised for a new leap in its development. The company will continue to increase its investment in technological research and development, innovate continuously, and consistently deliver greater value to its customers. It is believed that in the near future, Innosense Technology will undoubtedly become a leader in the sensor industry, contributing more wisdom and strength to the industry's development.