36Kr Exclusive | An electromagnetic component manufacturer has completed a financing of tens of millions of yuan. The core team is from a German company, and its products have been mass-produced for vehicles.
Author | Qiao Yujie
Editor | Yuan Silai
Hard Kr has learned that Suzhou Jipai Electromagnetic Technology Co., Ltd. (hereinafter referred to as "Jipai Electromagnetic") recently completed a new round of financing of tens of millions of yuan. This round of financing was jointly invested by Inno Angel Fund, Suzhou Venture Capital Angel Fund, and Suzhou High - tech Rongcheng. The funds will be mainly used for production line equipment investment and R & D upgrades.
Jipai Electromagnetic was established in May 2023 and is headquartered in Suzhou. It is a provider of electromagnetic actuator solutions for industrial automation, automotive intelligence, and embodied intelligent robot fields. Its core products include solenoid valves, brakes, and clutches.
The company's core team is from the global electromagnetic industry leader. It includes members from the former China - region division management team, R & D, product management, project management, laboratory, engineering, etc. They have the forward - development ability from product definition to mass - production implementation, master core technologies, and own independent intellectual property rights.
Jiang Bao, the founder of Jipai Electromagnetic, said in an interview with Hard Kr that one of the company's core products that has achieved mass production, the electromagnetic damper applied to automotive electric doors, has been stably delivered and holds the first market share in this niche field.
(Image source/Enterprise)
Based on the existing technological accumulation and local forward - R & D ability, Jipai Electromagnetic is accelerating the expansion of its product portfolio. Currently, it focuses on two core product lines and four application scenarios: the electronically controlled shock absorber damping control valve (DCV) and air spring stiffness switching valve (ASV) for active suspensions, the permanent - magnet brake for brake - by - wire (EMB), and the joint module brake (PMB) for embodied intelligent robots.
(Image source/Enterprise)
Among them, the DCV proportional solenoid valve is a key component of the electromagnetic suspension system, with extremely high technical barriers. Currently, the overall domestic localization rate in China is less than 10%. Jiang Bao introduced that the company has achieved a key technological breakthrough and has become the first domestic enterprise that can fully meet the customer's performance requirements and reach the level of foreign manufacturers. The planned production capacity of its first production line is 1 million units, and it is expected to deliver about 200,000 units this year.
The EMB permanent - magnet brake is a key executive component that uses the coupling design of permanent magnetic fields and electromagnetic fields to achieve the locking and release of braking force. Compared with traditional solutions, it has advantages in safety, reliability, power density, and energy - consumption control. In this field, Jipai Electromagnetic's products have reached the automotive - grade standard, solved the problem of stable operation at a low temperature of -40°C, and further improved reliability through the "bistable design", with its technology at the leading level in the industry. Currently, Jipai Electromagnetic's EMB permanent - magnet brakes are mainly used in unmanned driving scenarios on closed roads such as mine trucks and airport logistics. It is expected to deliver 3,000 to 5,000 units this year.
In the field of embodied intelligence, the robot joint module brake developed by the company can be adapted to various emerging forms such as humanoid robots and dual - arm wheeled robots and supports customized development. Currently, the product has completed sample verification and entered the small - batch delivery stage. Jiang Bao revealed that the company has reached cooperation with leading joint module and humanoid robot body manufacturers. It is expected to enter the mass - production stage in the third quarter of this year, and is expected to deliver 50,000 to 100,000 sets (corresponding to about 3,000 to 5,000 robots) within this year.
Regarding the supply - chain challenges and market competition faced during the process of domestic substitution, Jiang Bao said that the company has completed the localization adaptation of the key supply chain. For example, in response to the performance differences between Chinese local materials and German materials, the team has jointly carried out calibration work on the magnetic conductivity and friction performance of materials with institutions such as Xi'an Jiaotong University and Tsinghua University, so as to develop products that better meet local needs.
At the same time, compared with the "European design, Chinese sales" model of foreign enterprises, Jipai Electromagnetic has the forward - design ability for the Chinese market, which can better adapt to the technical and large - scale needs of the Chinese market that are independent of the European and American markets, and form unique advantages in product iteration speed, cost control, and delivery efficiency.
In the future, Jipai Electromagnetic will continue to increase investment in its core product lines. About 60% to 70% of the funds from this round of financing will be used for the construction of production line equipment, and the rest will be invested in R & D to further consolidate its technological and manufacturing capabilities.