TC Drive announces Series A financing for robot-component expansion

Aug 21, 2023 · Funding · TC Drive · Actuation

TC Drive announced a Series A financing led by Ropeway Investment to expand harmonic-reducer capacity, develop new products and industrialise robot joint modules.

TC Drive company media
Company media · TC Drive
  • TC Drive described the financing as its first external round after the founder and team regained control in 2023.
  • Ropeway Investment led the round, which the company described as tens of millions of renminbi.
  • The company said proceeds would expand harmonic-reducer capacity, fund new-product development and support industrialisation of reducers and robot joint modules.