Laifual completes Series C at CNY457M post-money

Mar 20, 2019 · Funding · Zhejiang Laifual Drive · Motion Components

Laifual completed CNY57000000 of primary Series C financing at an issuer-disclosed CNY457M post-money valuation.

Zhejiang Laifual Drive company media
Company media · Zhejiang Laifual Drive
  • The issuer prospectus reports a CNY457M post-money valuation and CNY400000000 pre-money valuation.
  • The final primary subscription payment settled on 2019-03-20.
  • Investors: Beta Achieve, Sushang JVC

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