Huayan Robotics completes Series B at CNY1.85B post-money
Huayan Robotics completed CNY350000000 of primary Series B financing at an issuer-disclosed CNY1.85B post-money valuation.
Evidence notes
- The issuer prospectus reports a CNY1.85B post-money valuation and CNY1500000000 pre-money valuation.
- The final disclosed primary subscription settled on 2021-06-24.
- Investors: Zhongshen Xinchuang, Zhucheng Zhaoying, Foshan Zhaoke, Yantai Xinzhen, Toposcend, Founder Securities
Company context
Huayan Robotics, formerly Han’s Robot, builds collaborative robots, heavy-payload robots, mobile manipulators and humanoid joint modules. Its product line covers Elfin cobots, S-series heavy-payload arms, Echo/HY 7-axis humanoid arms and STAR mobile manipulators.