Boreasa completes RMB100M-level Series B financing

Apr 28, 2022 · Funding · Boreasa · Actuation

Boreasa completed an RMB100 million-level Series B round led by Suzhou Guofa Venture Capital for product development and market expansion.

Boreasa company media
Company media · Boreasa
  • The disclosed amount is qualitative RMB100 million-level wording rather than an exact round figure.
  • Zhejiang Venture Capital joined, while Zhencheng Investment, Ginkgo Valley Capital and Chizi Fund reinvested.
  • The stated use of proceeds covered high-performance blower development, application expansion and commercial growth.

Designs and manufactures miniature BLDC motors, air-moving products and drive electronics, including motors for dexterous hands and robotic joints.