Raintech, a leading smart IoT production management platform for greenhouses, announced the successful closing of its Series A financing, with Shunwei Capital investing millions of RMB. The funds will be primarily used for product research and development as well as market promotion and expansion.

CEC Capital Group served as the exclusive financial advisor for Raintech in this transaction.

Raintech stands out as a domestic industry leader in intelligent agricultural production management, with a specialized focus on greenhouse IoT applications. The platform's distributed and modular intelligent hardware significantly enhances planting efficiency, crop yield, and product quality. Leveraging AI algorithms that draw insights from comprehensive data analysis, Raintech empowers farmers with informed decision-making. As a result, Raintech has emerged as a benchmark enterprise in the industry.