# Laxcen Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/laxcen-technology

- Industry: Electronics
- Headquarters: Ningbo, China
- Website: www.laxcen.com
- Total disclosed funding: $27M
- Latest round: Series C (Oct 21, 2021)
- Investors on record: 8

## About

Based in Ningbo, China and established in 2012, Laxcen Technology Inc. is a company that provides RFID (Radio Frequency Identification) and IoT (Internet of Things) products. Dr. Haitao Si, the CEO and co-founder of the company, was the COO of Neoid Limited and director of AIM Aisa. The company has set up large-scale manufacturing facilities in China and Indonesia.

In May 2026, Laxcen Technology Inc. raised an undisclosed amount of venture funding co-led by Prosperity Investment and Taisheng Capital.

Laxcen Technology Inc.'s core products include RFID inlays and RFID labels, RFID smart equipment such as label printer, RFID handheld terminal, smart lockers, etc. The company also provides ultra-high-definition LED displays. The company's products are applied in industrial manufacturing, smart catering, livestock tracking, asset tracking, logistics, etc.

The company generates revenue from manufacturing and sales of RFID inlays and RFID labels, RFID smart equipment and other products.

The company will use the funding from Prosperity Investment and Taisheng Capital in May 2026 for AI sensor product development and upgrading of flexible substrate production lines.

## Funding rounds

- Series C, Oct 21, 2021, $27M — Hangzhou Envision Investment, Sharelink Capital, Bowei Zhihong Investment, Enshe Asset, Zhuhai Guozi
- Series B, Jan 22, 2015 — Haitong-Fortis Private Equity Fund Management, Ningbo Science and Technology Financial Service Center
- Series A, Jan 21, 2013 — Haibang Venture

## Investors

- Haibang Venture — Series A
- Haitong-Fortis Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-fortis-private-equity-fund-management) — Series B
- Ningbo Science and Technology Financial Service Center — Series B
- Hangzhou Envision Investment (https://capitalatlas.ai/funds/hangzhou-envision-investment) — Series C
- Sharelink Capital (https://capitalatlas.ai/funds/sharelink-capital) — Series C
- Bowei Zhihong Investment (https://capitalatlas.ai/funds/bowei-zhihong-investment) — Series C
- Enshe Asset — Series C
- Zhuhai Guozi — Series C