# Faroad

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/faroad

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.faroad.cn
- Total disclosed funding: $16M
- Latest round: Series B (Mar 24, 2022)
- Investors on record: 7

## About

Based in Shenzhen, China and founded in 2016, Shenzhen Faroad Intelligent Equipment Co.,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. In January 2026, it closed a round of venture funding from Hengdian Capital Management and Addor Capital.

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.

## Funding rounds

- Series B, Mar 24, 2022, $16M — Infinity Group, Fortune Capital, China Merchants Securities, Jiafa Venture Capital, Hunan Jufeng Investment Management
- Series A, Dec 1, 2020 — Shenzhen HTI, Zhengxuan Capital

## Investors

- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- Zhengxuan Capital (https://capitalatlas.ai/funds/zhengxuan-capital) — Series A
- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series B
- Fortune Capital — Series B
- China Merchants Securities — Series B
- Jiafa Venture Capital (https://capitalatlas.ai/funds/jiafa-venture-capital) — Series B
- Hunan Jufeng Investment Management — Series B