Palboom
Latest round
- Series A
Last raised
- Jun 2021
Total raised
- Undisclosed
Investors
- 1
About Palboom
, trading as Palboom, focuses on the R&D and manufacturing of medium and high-power ultra-high-speed magnetic levitation motors. In 2018, the company launched the high-speed motor business and rolled off the first 100kW 20000 rpm motor. The company manufactures magnetic levitation motors in blowers, compressors, organic Rankine Cycle (ORC) waste heat utilization generators, distributed gas turbine generators and energy storage flywheels. Its YBD series custom-develops generators for commercial vehicles such as new energy municipal sprinklers, compressed garbage trucks, and sewage purification vehicles. The company generates revenue by doing R&D, and providing medium and high-power ultra-high-speed magnetic levitation motors and other related services and products.
Who invested in Palboom
1 investor across 1 round
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Funding rounds
Series A
Jun 16, 2021
Amount
Undisclosed
Investors
Questions about Palboom
Who invested in Palboom?
Palboom has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Palboom raised?
Palboom has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Palboom last raise money?
Palboom's most recent round on record is a Series A, in Jun 2021.
What does Palboom do?
, trading as Palboom, focuses on the R&D and manufacturing of medium and high-power ultra-high-speed magnetic levitation motors.
Where is Palboom headquartered?
Palboom is headquartered in Suzhou, China.
Which VCs invest in companies like Palboom?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back industrial machinery companies at Palboom's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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