Kailong High Technology invests CNY5 million in Wuxi Lingzhang Robotics
Kailong High Technology agreed to invest CNY5 million in Wuxi Lingzhang Robotics at a CNY200 million post-money valuation.
Evidence notes
- Kailong priced the investment using a CNY200 million post-money valuation for Wuxi Lingzhang Robotics.
- The CNY5 million capital increase gave Kailong a 2.5% equity interest after completion.
- The filing described Lingzhang as a dexterous-hand designer and manufacturer with eight patent applications, including five already granted.
Company context
Wuxi Lingzhang Robotics develops multi-finger dexterous hands and supporting embodied-intelligence technology. Founded in 2024 in Wuxi, the company focuses on compact actuated hand platforms for humanoid robots, manipulation research and real-world task learning, with an LZ family spanning different hand configurations.