# Luo Shi (Beijing) Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luo-shi-beijing-technology-co

- Industry: Industrial Machinery
- Headquarters: Beijing, China
- Website: www.rokae.com
- Total disclosed funding: $76M
- Latest round: Series C (Jun 1, 2021)
- Investors on record: 9

## About

Founded in 2014 and based in Beijing, China, Luo Shi (Beijing) Technology Co., Ltd. operates as a manufacturer of industrial robots and control systems. The company has robotics research and development centers in SBeijing, Tokyo, Wuhan, and other cities. The core team members graduated from Peking University, Tsinghua University, Beijing University of Aeronautics and Astronautics and other universities. The company has obtained more than 150 domestic and foreign science and technology awards and patent rights. Some enterprises, such as Chevrolet, and Valeo, have cooperated with Rokae. It has acuqired more than 300 R&D patents and technology awards. In April 2024, Luo Shi closed an over CNY 500 million strategic investment.

Luo Shi (Beijing) Technology specializes in the supply of industrial robot control systems and six-axis industrial robots. The company provides light industrial robots in the series of NB and XB, flexible cooperative robots, xMate series, and related robotic system, Titanite, which can be used for auto parts, 3C electronics, precision machining, medical treatment, and business industry. It also developed robot control systems and light industrial robot products and automation solutions. The products and services can be used in fields such as sanding, loading and unloading, assembly, sorting, quality control, and sewing.

The company generates revenue by selling and providing high-performance robotic products and solutions, focusing on meeting the demands of various industries for automation and intelligent transformation.

The company will use the strategic investment raised in April 2024 for market development, internationalization, product upgrading and iteration, as well as refined operation and management.

## Funding rounds

- Series C, Jun 1, 2021, $31M — Grand Flight Investment, Shenzhen Capital Real Estate Fund
- Series C, Aug 19, 2020, $14M — Xiang He Capital
- Series B, Sep 21, 2018, $23M — Shunwei Capital, Plum Ventures, THG Ventures, GSR United Capital
- Series A, Nov 21, 2017, $6M — Delian Capital, THG Ventures
- Angel, Jul 30, 2015, $0.6M — Plum Ventures, Xiaochang Shuimu Investment

## Investors

- Plum Ventures (https://capitalatlas.ai/funds/plum-ventures) — Angel, Series B
- Xiaochang Shuimu Investment — Angel
- Delian Capital (https://capitalatlas.ai/funds/delian-capital) — Series A
- THG Ventures (https://capitalatlas.ai/funds/thg-ventures) — Series A, Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B
- GSR United Capital (https://capitalatlas.ai/funds/gsr-united-capital) — Series B
- Xiang He Capital (https://capitalatlas.ai/funds/xiang-he-capital) — Series C
- Grand Flight Investment (https://capitalatlas.ai/funds/grand-flight-investment) — Series C
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series C