Laifual completes Series D at CNY565M post-money

Mar 30, 2020 · Funding · Zhejiang Laifual Drive · Motion Components

Laifual completed CNY65000000 of primary Series D financing at an issuer-disclosed CNY565M post-money valuation.

Zhejiang Laifual Drive company media
Company media · Zhejiang Laifual Drive
  • The issuer prospectus reports a CNY565M post-money valuation and CNY500000000 pre-money valuation.
  • The final primary subscription payment settled on 2020-03-30.
  • Investors: Guozhong SME Fund, Haian Huijun

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