Laifual completes Series B at CNY176.5M post-money

Feb 24, 2018 · Funding · Zhejiang Laifual Drive · Motion Components

Laifual completed CNY46500000 of primary Series B financing at an issuer-disclosed CNY176.5M post-money valuation.

Zhejiang Laifual Drive company media
Company media · Zhejiang Laifual Drive
  • The issuer prospectus reports a CNY176.5M post-money valuation and CNY130000000 pre-money valuation.
  • The final primary subscription payment settled on 2018-02-24.
  • Investors: Beta Achieve, Rushan Huian

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