Home Technology Singapore’s iMin Technology Raises $5 Million for Global Expansion in the Digital...

Singapore’s iMin Technology Raises $5 Million for Global Expansion in the Digital Commercial Device Market

Singapore-based iMin Technology has successfully secured $5 million in Series Pre-A funding, with leading participation from Yonghua Capital. This significant investment comes as the demand for digital commercial devices, such as point-of-sale terminals, industrial scanners, and self-service kiosks, continues to surge worldwide. Established in 2018, iMin Technology is dedicated to fulfilling its brand promise by harnessing emerging technologies and opportunities to offer innovative services to its partners.

One of the company’s notable innovations is the Swan 1 Pro, a cutting-edge point-of-sale device that has garnered attention as one of the most powerful Android cash registers available globally. This remarkable product aims to challenge traditional Windows-based devices and transform the industry through its advanced features and enhanced performance capabilities.

Aimin Hu, Founder and CEO of iMin Technology, expressed his enthusiasm for collaborating with new investors to make smart commercial devices accessible to small businesses worldwide. Despite the uncertain global economic outlook, he emphasized the untapped potential stemming from developments in the Internet of Things (IoT). Beyond its hardware innovations, iMin Technology has also introduced the iMinKit Mobile Device Management (MDM) platform, catering to a wide range of business partners, including food delivery services, digital payment platforms, and Software-as-a-Service (SaaS) companies operating in the Food & Beverage (F&B) and retail sectors.

Mr. Hong Yixiu, a partner at Yonghua Capital, expressed confidence in iMin’s ability to excel in the rapidly evolving post-pandemic landscape. He highlighted how the global market’s enthusiastic embrace of digital transformation has created immense opportunities for commercial smart hardware on a worldwide scale. Mr. Yixiu also commended iMin’s team for their extensive experience in Research and Development (R&D), manufacturing, and business development. He noted the company’s rapid growth, the establishment of stable customer relationships, and its growing influence in the market. Mr. Yixiu anticipates that iMin, with its strong products and global expansion capabilities, is poised to become a leader in the global smart commercial equipment sector.

iMin Technology’s successful funding round underscores the growing importance of digital commercial devices in a world increasingly reliant on technology-driven solutions. As businesses across various sectors seek ways to streamline operations, enhance customer experiences, and adapt to evolving consumer preferences, innovative companies like iMin are positioned to play a pivotal role in facilitating this transformation.

The Swan 1 Pro, the company’s flagship product, is designed to cater to the evolving needs of businesses, offering a powerful Android-based point-of-sale solution that promises to set new industry standards. With its advanced features, superior performance capabilities, and user-friendly interface, the Swan 1 Pro is positioned to empower small and medium-sized enterprises (SMEs) and businesses in various industries to thrive in a digital-first landscape.

The iMinKit Mobile Device Management (MDM) platform further enhances the company’s value proposition by providing businesses with a comprehensive solution for managing their digital devices efficiently. In an era where connectivity and remote management are paramount, the iMinKit MDM platform offers a user-friendly interface that allows businesses to oversee their devices seamlessly, ensuring uninterrupted operations and enhanced customer experiences.

iMin Technology’s commitment to innovation, coupled with its ability to adapt to the changing dynamics of the global business landscape, positions the company for significant growth and success in the smart commercial equipment sector. The $5 million in Series Pre-A funding, led by Yonghua Capital, provides the financial resources necessary for iMin to accelerate its global expansion efforts and further establish its presence in key markets.

In conclusion, iMin Technology’s recent funding success and its innovative product offerings highlight the company’s dedication to driving digital transformation in the commercial device sector. As businesses worldwide seek to embrace digital solutions and enhance their operational efficiency, iMin is well-positioned to play a pivotal role in shaping the future of smart commercial equipment. With the backing of strong investors like Yonghua Capital, iMin Technology is poised for continued growth and success in a rapidly evolving technological landscape.

Previous articlePickering Energy Partners Expands Investment Banking Team with Seasoned Barclays Veterans
Next articleGCC Asset Management Market Projected to Reach $500 Billion by 2026, Despite Global Challenges


Please enter your comment!
Please enter your name here