In just half a year, Laimou Technology completed three rounds of financing exceeding 100 million yuan. Its revenue from lawn mowing robots has exceeded 100 million yuan, and it is expected to deliver tens of thousands of orders throughout the year. | Exclusive Report from Yingke

Author | Huang Nan

Editor | Peng Xiaoqiu

Yingke exclusively learned that the intelligent lawn mowing robot manufacturer "Laimou Technology" recently completed tens of millions of yuan in Series A financing. The investors in this round include Ivy Capital, Gobi Ventures, Liumai Capital, Skyline Capital, Jiuhua Ventures, and Xingfu Capital. Maple Pledge served as the long - term exclusive financial advisor, continuously providing private equity financing services. The funds will be used for new product R & D iteration, product mass production and delivery, and market - anticipated inventory.

Since 2025, the company has completed three rounds of financing, with a cumulative amount exceeding 100 million yuan. Previous investors include Jiukun Ventures, the XbotPark Fund founded by Professor Li Zexiang, NBT Capital, and leading household consumer electronics listed companies in Europe and the United States.

"Laimou Technology" is an enterprise that Yingke has been following for a long time. The company focuses on the R & D and manufacturing of intelligent lawn mowing robots for the European and American markets. Since its first product, Lymow One, was launched on Kickstarter, it has raised more than $7.5 million, ranking first in the lawn mower category on the platform. Since the official website was launched on May 28, the cumulative sales amount has exceeded 100 million yuan, with an average customer price of $2,499.

In terms of offline channels, the company has reached clear cooperation intentions with dozens of distributors and retailers around the world, and the prototype testing and delivery work is in progress. Currently, the daily production capacity is stable at 200 units, and the cumulative product delivery has reached thousands of units. It is expected that the annual delivery will exceed tens of thousands of units.

Lymow One (Image source/Enterprise)

Currently, relying on its mature garden culture and strong consumption ability, North America has always been the core of the global garden economy. However, as the world's largest single market, the penetration rate of lawn mowing robots in this region is less than 3%. In contrast, the penetration rate of lawn mowing robots in Europe is nearly 20%.

According to data from the American Horticultural Society, about 42% of middle - class families in the local area still adhere to the traditional DIY lawn mowing mode, while high - income groups prefer to hire professional services. Affected by the region and climate, lawn mowing is usually required for 7 - 9 months a year, with an average of once a week.

Calculated based on the single - visit fee of Mexican gardeners ranging from $50 to $150 (depending on the lawn size), with a service frequency of 25 times a year, the annual expenditure can reach $1,250 to $3,750. This market situation not only reflects the resistance of traditional habits to the replacement of new technologies but also highlights the potential advantages of lawn mowing robots in cost substitution and efficiency improvement, providing a clear direction for its market penetration.

Gao Wangshu, the founder and CEO of "Laimou Technology", told Yingke that American users always place practicality and the return period after investment at a key consideration when choosing lawn mowing tools. "Currently, the intelligent development path of lawn mowing tools has not been unified, and the function iteration shows a trend of diversified exploration. Against this background, the R & D focus of our products should be more on solving the pain points in users' actual use experience."

Lymow One (Image source/Enterprise)

From the perspective of specific demand, "whether it can efficiently complete the lawn mowing operation" is the core demand of users. Its performance in actual scenarios, such as the cutting effect on various grass species, the adaptability to complex terrains, and the matching degree between battery life and mowing area, directly determines the market acceptance of the product.

Therefore, in the product system architecture, "Laimou Technology" adopted a new crawler - type design and an industry - first straight - blade cutting system. When the climbing ability limit of wheeled lawn mowing robots is 80% (38.7 degrees), Laimou's crawler - type solution directly maximizes the climbing ability to 100% (45 degrees). When many lawn mowing robots cannot cut the common tall grass and warm - season grass in North America well, the straight - blade cutting system is sufficient to handle all kinds of high - density, hard, and warm - and cold - season grass species.

Compared with the power of several kilowatts of traditional push - type lawn mowers, most lawn mowing robots on the market only have a single - blade configuration of 50W, with obviously insufficient efficiency. Therefore, on the premise of ensuring user safety, "Laimou Technology" is equipped with a 300W power drive system, which is 3 - 5 times higher than similar lawn mowing robots on the market.

Self - developed grass - crushing straight blade and double - mowing disc structure (Image source/Enterprise)

Through high - speed rotation, it can efficiently handle various grass conditions. Currently, Lymow One can cover an area of 1.75 acres (7,000 square meters) per day, which can not only meet the high - frequency lawn mowing needs of North American users for large lawns but also make up for the time - consuming pain points commonly existing in traditional tools through its strong performance.

In addition to its industry - leading cutting ability, climbing and obstacle - crossing ability, and cutting efficiency, positioning navigation and obstacle avoidance are also the core accumulations of Laimou's algorithm team. "Laimou Technology" adopted a fusion solution of RTK and binocular vision algorithms and independently developed a complete set of underlying algorithm architecture. Among them, RTK can achieve centimeter - level position locking through the ground - based augmentation system, ensuring the positioning reliability of the equipment in a wide area, with the advantages of accurate positioning, good boundary control, and high reliability.

At the same time, "Laimou Technology" was the first to use the dense depth map technology in lawn mowers. By processing image or sensor data through algorithms, it can generate depth information corresponding to each pixel point in the scene and accurately construct the three - dimensional structure of the scene. For example, the slopes and depressions of the garden terrain, the lawn boundary, and the three - dimensional shapes of obstacles such as the height of tables and chairs and the volume of rocks, allowing the lawn mower to clearly "perceive" the spatial distribution of the surrounding environment.

It can accurately perceive the spatial state of the surrounding environment (Image source/Enterprise)

Yingke learned that as the peak season in the North American market is coming to an end, "Laimou Technology" will focus on next year's inventory preparation work in the second half of the year and accelerate the expansion and layout of offline channels. This plan not only reserves production capacity in advance to meet the market demand next year but also aims to promote the continuous penetration of products into the North American market through the deepening of the channel network, forming synergy with the existing online sales and production delivery rhythm.