Summary: KECON’s intelligent products have been widely applied across various industries, empowering over 800 customers’ mobile robot products and businesses.
Recently, Zhejiang KECON Control Technology Co., Ltd. (referred to as “KECON”) completed its Series A+ financing round. This round was led by Jinma Investment, with continued participation from existing investor Yuanjing Capital. The funds will primarily be used to expand production capacity significantly, addressing the surge in demand and sales volume, while also accelerating KECON’s efforts to establish and enhance domestic and international sales channels.
This strategic move aims to further increase KECON’s market share in the mobile robot control sector, maintaining its leadership position.This financing round follows the completion of KECON’s Series A financing announced on January 15th this year, reflecting the continued confidence and support from the capital market. Jinma Investment, a firm partly owned by provincial state-owned capital, led this round, marking ongoing investment from state-owned capital funds in KECON.
Previously, KECON secured investments from Great Crystal Capital, True Stone Capital, Qida Investment, and Yuanjing Capital. Canglan Capital once again served as the exclusive financial advisor for this financing round.
