Lingxin Qiaoshou, a company specializing in robotic dexterous hands, has recently announced the successful completion of its fifth round of financing for the year. Following this latest funding injection, the company's valuation has soared to approximately RMB 3 billion. This round of financing attracted significant participation from renowned investors, including Sequoia Capital China and CCV, among other institutions. However, the exact amount raised in this round remains undisclosed.

The newly acquired funds will be strategically allocated to drive the company's product and technology research and development (R&D) initiatives, as well as to support capacity expansion efforts. Since securing its seed round financing in April of this year, Lingxin Qiaoshou has demonstrated remarkable momentum, swiftly raising funds in five consecutive rounds. The cumulative funding raised to date is estimated to surpass RMB 700 million.

Currently, Lingxin Qiaoshou has achieved a significant milestone by mass-producing over 10,000 dexterous hand products. Additionally, the company takes pride in its robust engineering team, comprising more than 300 talented members.