Jiangsu Xiaoge Intelligent Equipment Co., Ltd. has recently announced the successful completion of its Series A funding round, raising tens of millions of yuan led by Nanjing Liuyi Capital. The infused funds will be strategically directed towards establishing an intelligent manufacturing facility in Anhui province and expanding its footprint into overseas markets, including Singapore and Taiwan. Established in 2021, Xiaoge Intelligent Equipment specializes in the leasing of commercial dishwashers and related intelligent services, boasting a clientele that comprises several prominent catering chain brands.

Founder Cheng Minhua envisions leveraging the strengths of domestic manufacturing to drive the intelligent and digital transformation of commercial kitchen equipment. He aims to expand the company's service network to over a thousand locations nationwide within the next 3 to 5 years and explore opportunities in other segments of commercial kitchen equipment. Investors remain optimistic about the future growth trajectory of Xiaoge Intelligent Equipment, believing it holds the potential to make significant impacts on IPOs within specialized categories of the industry.