Laifual completes Series A at CNY100M post-money

Aug 17, 2017 · Funding · Zhejiang Laifual Drive · Motion Components

Laifual completed CNY10000000 of primary Series A financing at an issuer-disclosed CNY100M post-money valuation.

Zhejiang Laifual Drive company media
Company media · Zhejiang Laifual Drive
  • The issuer prospectus reports a CNY100M post-money valuation and CNY90000000 pre-money valuation.
  • The final primary subscription payment settled on 2017-08-17.
  • Investors: Rushan Huian, Wang Yong

Zhejiang Laifual Drive supplies harmonic reducers and precision-transmission components for robotics and automation. Harmonic reducers support compact, high-torque humanoid robot joints.