QuanZhiBo completed two consecutive rounds of financing exceeding 100 million yuan.

QuanZhiBo, a provider of integrated robotic joint module solutions, recently announced that it has completed two consecutive rounds of financing exceeding 100 million yuan. The Series A financing was co-led by Lightspeed China Partners and the Beijing Robotics Industry Development Investment Fund jointly managed by Shoucheng Holdings and Beijing Guorui Fund, with Daohe Capital participating as a follow-on investor. The investors in the Pre-A+ round are Xingqi Fund under Falcon Investment, Inno Angel Fund, and Tianqi Capital. The financing will be mainly used for the construction of a talent pipeline, R & D investment, production and manufacturing upgrades, and the establishment of a quality system.