Laifual completes Series E at CNY780M post-money

Dec 9, 2021 · Funding · Zhejiang Laifual Drive · Motion Components

Laifual completed CNY80000000 of primary Series E financing at an issuer-disclosed CNY780M post-money valuation.

Zhejiang Laifual Drive company media
Company media · Zhejiang Laifual Drive
  • The issuer prospectus reports a CNY780M post-money valuation and CNY700000000 pre-money valuation.
  • The final primary subscription payment settled on 2021-12-09.
  • Investors: CEC CICC Fund, Lenovo Fund

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