Gongwang Sensing Secures Nearly RMB 100 Million Series A Funding Led by NIO Capital

Recently, Gongwang Sensing announced the completion of a Series A financing round worth nearly RMB 100 million, led by NIO Capital. The proceeds will primarily be used to drive large-scale adoption of inductive encoders in robotics and high-precision manufacturing sectors. Founded in 2021, Gongwang Sensing specializes in the research and development, production, and sales of inductive sensors. Its core team brings nearly two decades of experience in related product development and mass production. The company’s products have already been deployed in applications such as robotics, machine tools, and semiconductor equipment, and it now possesses automated production capacity capable of delivering 15 million encoder units annually. For the robotics market, Gongwang Sensing has launched an ultra-narrow-frame, same-side dual inductive encoder and has entered the supply chains of several leading domestic manufacturers. In fields like machine tools and semiconductor equipment, its high-precision inductive rotary encoders achieve absolute positioning accuracy within ±1 arcsecond and are already being delivered at scale.