Faroad

ElectronicsSeries BShenzhen, Chinafaroad.cn

Latest round

Series B

Last raised

Mar 2022

Total raised

$16M

Investors

7

About Faroad

,Ltd, doing business as Faroad, operates as a surface mounted technology (SMT) electronic equipment supplier dedicated to providing high precision electronic circuit board assembly equipment. It has a manufacturing centre in Suzhou and offices in Singapore, Chongqing, and Zhongshan. The company has obtained 176 intellectual property rights, including 26 invention patents, 130 utility models, and 20 software copyrights. The equipment manufactured by the company can be categorized into two categories, which are domestic bonder and SMT peripheral equipment. It provides standard chip mounter series, laminating machine series, LED chip mounter series, reflow soldering series, semiconductor mounter. Products within include high-speed mounter CPM-H3, high precision multi-functional bonder CPM-F3, FAROAD high speed bonder CPM-H2, reflow solder etc.  The company generates revenue by providing standard chip mounter series, laminating machine series, LED chip mounter series, reflow soldering series, semiconductor mounter.

Who invested in Faroad

7 investors across 2 rounds

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Funding rounds

  1. Series B

    Mar 24, 2022

    Amount

    $16M

    Investors

    Locked

  2. Series A

    Dec 1, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Faroad

Who invested in Faroad?

Faroad has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Faroad raised?

Faroad has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Faroad last raise money?

Faroad's most recent round on record is a Series B, in Mar 2022.

What does Faroad do?

,Ltd, doing business as Faroad, operates as a surface mounted technology (SMT) electronic equipment supplier dedicated to providing high precision electronic circuit board assembly equipment.

Where is Faroad headquartered?

Faroad is headquartered in Shenzhen, China.

Which VCs invest in companies like Faroad?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back electronics companies at Faroad's stage. Their profiles are linked below.

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