# Boreasa Technologies Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/boreasa-technologies-co

- Industry: Industrial Machinery
- Headquarters: Hangzhou, China
- Website: www.boreasa.com
- Total disclosed funding: $15M
- Latest round: Series B (Apr 28, 2022)
- Investors on record: 8

## About

Based in Hangzhou, China, and established in 2018, Boreasa Technologies Co., Ltd. is a blowers manufacturer that provides air moving products. The company's products are designed in California and manufactured in China, and its manufacturers have the quality management standard ISO 9001:2015. Moreover, the company has over 50 patents. Besides, the company's products have the domestic market and oversea market. The blowers have entered the vehicle supply chain, and become the only supplier of Ventec Life Systems. 

The company provides air-moving products and its core products include turbo blowers, high-speed fans, specialty motors, and drives. The turbo blower's Rotating speed can reach 60,000 rotates every second, and work for 30,000 hours. The turbo blowers are an important component of medical equipment ventilators and can replace oversea imported products. Those products can be used in medical breathing devices and aviation equipment thermal management systems, industrial cooling, and the semiconductor industry. Also, the company provides customized products. 

In December 2021, the company's revenue has reached over CNY 100 million.

The company will use the Series B funding to R&D blowers and expand its market share.

## Funding rounds

- Series B, Apr 28, 2022, $15M — Suzhou International Development Venture Capital Holding, Zheshang Venture Capital, Yinxinggu Capital, Pure Funds, Zhencheng Capital
- Series A, Jul 30, 2021 — Yinxinggu Capital, Zheke Investment Management, CICC Pucheng Investment, Zhengxin Capital
- Series A, Nov 2, 2020 — Zhencheng Capital
- Angel, May 28, 2018 — Yinxinggu Capital, Pure Funds

## Investors

- Yinxinggu Capital (https://capitalatlas.ai/funds/yinxinggu-capital) — Angel, Series A, Series B
- Pure Funds (https://capitalatlas.ai/funds/pure-funds) — Angel, Series B
- Zhencheng Capital (https://capitalatlas.ai/funds/zhencheng-capital) — Series A, Series B
- Zheke Investment Management (https://capitalatlas.ai/funds/zheke-investment-management) — Series A
- CICC Pucheng Investment — Series A
- Zhengxin Capital — Series A
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series B
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series B