# LeiShen Intelligent System Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leishen-intelligent-system-co

- Industry: Industrial Machinery
- Headquarters: Shenzhen, China
- Website: www.leishen-lidar.com
- Total disclosed funding: $62M
- Latest round: Series D (Oct 1, 2023)
- Investors on record: 16

## About

Based in Shenzhen, China, and established in 2015, LeiShen Intelligent System Co., Ltd. is a laser radar company mainly engaged in the development of Lidar environmental sensing technology. It has set up 3 factories and 13 offices in Beijing, Shanghai, Tianjin, and other places. As of 2023, it has obtained 314 patents and 47 software copyrights. The company's founder, chairman of the board, and CEO, Xiaobo Hu, is a director of China Lidar Engineering Technology Research Center and former founder of Max Photonics. In October 2023, LeiShen Intelligent System Co., Ltd. raised series D funding co-led by new investor Shandong Tongxin Tongtai Private Equity Fund Management and returning investor Toposcend Capital.


The company is committed to providing LIDAR chips, fiber lasers, more than ten kinds of high-power core optical devices, and automated equipment for the production of fiber optic core devices. The products include hybrid solid-state LiDAR, multi-line mechanical LiDAR, 2D LiDAR, etc. The products have been exported to the United States, Canada, Germany, France, etc. It also provides industrial solutions for autonomous driving, smart transportation, rail transit, general aviation, robotics, smart logistics, etc. 

The company will use the funds for the research and development of LIDAR technology and product localization substitution, 3D SLAM unmanned forklift technology and application research and development, as well as in the automation factory of automotive-grade 1550nm fiber LIDAR and the construction of 3D SLAM unmanned forklift base.

## Funding rounds

- Series D, Oct 1, 2023 — Toposcend Capital, Shandong Tongxin Tongtai Private Equity Fund Management
- Series C, Jul 29, 2021, $46M — CMS Asset Management, Toposcend Capital, Homwom Capital Management, Zhengqi Financial Holdings Corporation, CY Capital, Junci Investment, Xuzhou Industrial Development Fund Management, Guolian Tongbao Capital, Qisi Capital
- Series B, Apr 10, 2018, $16M — Fortune Capital, Yijin Capital, CREDIT Prosperity Fund
- Series A, Dec 25, 2017 — Fortune Capital
- Series A, Jul 28, 2016 — NLVC, China Merchants Capital, Crestvalue
- Angel, Jul 17, 2015 — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Angel, Series A
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- Crestvalue (https://capitalatlas.ai/funds/crestvalue) — Series A
- Fortune Capital — Series A, Series B
- Yijin Capital (https://capitalatlas.ai/funds/yijin-capital) — Series B
- CREDIT Prosperity Fund (https://capitalatlas.ai/funds/credit-prosperity-fund) — Series B
- CMS Asset Management (https://capitalatlas.ai/funds/cms-asset-management) — Series C
- Toposcend Capital (https://capitalatlas.ai/funds/toposcend-capital) — Series C, Series D
- Homwom Capital Management (https://capitalatlas.ai/funds/homwom-capital-management) — Series C
- Zhengqi Financial Holdings Corporation — Series C
- CY Capital (https://capitalatlas.ai/funds/cy-capital) — Series C
- Junci Investment (https://capitalatlas.ai/funds/junci-investment) — Series C
- Xuzhou Industrial Development Fund Management (https://capitalatlas.ai/funds/xuzhou-industrial-development-fund-management) — Series C
- Guolian Tongbao Capital (https://capitalatlas.ai/funds/guolian-tongbao-capital) — Series C
- Qisi Capital — Series C
- Shandong Tongxin Tongtai Private Equity Fund Management — Series D