# Palboom

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

- Industry: Industrial Machinery
- Headquarters: Suzhou, China
- Website: www.palboom.cn
- Latest round: Series A (Jun 16, 2021)
- Investors on record: 1

## About

Based in Suzhou, China and founded in 2017, Suzhou Palboom Electric Co., Ltd., 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. In December 2025, Palboom closed venture funding from new investor Zhangjiagang Phoenix Technology Development.


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.

## Funding rounds

- Series A, Jun 16, 2021 — FOF Capital

## Investors

- FOF Capital (https://capitalatlas.ai/funds/fof-capital) — Series A