Lingoh Robotics Secures Over 100M RMB Series C Led by CATL's Chendao Capital
Suzhou Lingoh Robotics Co., Ltd. announced on August 10 that it has closed a Series C financing round of over 100 million yuan. The round was led by Chendao Capital, the industrial investment platform under CATL, with participation from the Industrial Mother Machine Industry Investment Fund, Xinchan Fund under Yuxin Electric, and a well-known dual-currency fund with assets of tens of billions. Existing shareholders such as Suzhou Chuangtou and Guyu Capital also increased their investments. The funds will be used to accelerate product development and market expansion in industrial robots, motion control, and machine vision. Lingoh Robotics focuses on core components and solutions for intelligent manufacturing, aiming to enhance the automation level of the manufacturing industry.