PPZ LTD. announced that it has received CNY 125 million in funding from Shenzhen Tiantu Capital Co., Ltd., Shanghai Yunqi Investment Management Co., Ltd., Zoo Capital, Ecovacs Robotics Co., Ltd., and other investors
April 19, 2022
Share
PPZ LTD. announced that it has received CNY 125 million in a round of funding on April 19, 2022. The transaction included participation from Shanghai Yunqi Investment Management Co., Ltd., Zoo Capital, Ecovacs Robotics Co., Ltd., kevos, all things capital, Gongqing city Lingtang, and returning investor Shenzhen Tiantu Capital Co., Ltd.
Ecovacs Robotics Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sales of various kinds of family service robots, clean household appliances and other small household appliances, as well as related parts and components. The Company's main products are divided into two categories: service robots and clean household appliances. The Company's service robot products mainly include Ecovacs branded family service robots. The Company is also involved in the research, development, manufacture and sales of business service robots. The Company's clean household appliances mainly include Original Equipment Manufacturer (OEM)/Original Design Manufacturer (ODM) vacuum cleaners and its own TEK branded series of clean household appliances. The Company distributes its products in domestic market and to overseas markets.
PPZ LTD. announced that it has received CNY 125 million in funding from Shenzhen Tiantu Capital Co., Ltd., Shanghai Yunqi Investment Management Co., Ltd., Zoo Capital, Ecovacs Robotics Co., Ltd., and other investors