Yangzhou Vulcan secures backing from TopoScend Capital
The specialised transport vehicle manufacturer raised tens of millions of yuan, according to 36Kr.
Yangzhou Vulcan has raised tens of millions of yuan from Shenzhen TopoScend Capital Co., Ltd., according to an October 28 report by 36Kr. The company did not disclose an exact amount.
The manufacturer develops customised vehicles for oversized and sensitive industrial loads, including aerospace equipment, wind-energy components and precision machinery.
Its engineering work focuses on the load support, vibration control and stability needed to move equipment whose size or handling requirements exceed those of conventional freight.