Empower Intelligence Strengthens Position with Series B Funding
Deal News | Mar 03, 2025 | Blue Lake Capital
Empower Intelligence, a portfolio company of Blue Lake Capital, has completed its Series B financing round, amassing hundreds of millions of RMB. The financing was spearheaded by the Industrial Machinery Industry Investment Fund, with co-lead roles by CRRC Transformation and Upgrading Fund, Hidden Hill Capital, and Vision Plus Capital. Additional investment came from North Venture Capital Fund, Bank of Communications Overseas Chinese Fund, and Lingang Digital Technology Fund. This influx of capital is directed towards the development and expansion of Empower Intelligence's HONGZHI RUI xEOS Platform and the KAIYUAN xAPP ecosystem, which are instrumental in the edge deployment of laser intelligent equipment. The funding aims to accelerate R&D, establish digital delivery centers, enhance product offerings, and expand the company's service capabilities, ensuring it meets the rising demand for advanced laser automation solutions. Empower Intelligence has made significant inroads into the global laser equipment market, marked by domestic and international recognitions, and continues to drive the progression of laser technology as it revolutionizes industrial machine tools.
Sectors
- Industrial Machinery
- Private Equity
Geography
- China – Empower Intelligence is based in China and plays a significant role in the laser manufacturing equipment market there.
- Global – Empower Intelligence has a global presence, with its products distributed in over 70 countries and regions, indicating its international reach and market influence.
Industry
- Industrial Machinery – The article revolves around Empower Intelligence's activities in advancing and expanding laser intelligent equipment, which falls under the category of industrial machinery due to its application in replacing traditional processing machines.
- Private Equity – Blue Lake Capital, a private equity firm, is highlighted as the lead investor in the Series B funding of Empower Intelligence, showcasing typical activities in the private equity sector.
Financials
- Hundreds of millions of RMB – The total amount raised in the Series B funding round by Empower Intelligence.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Empower Intelligence | Target Company | Company | A leading provider of laser equipment subsystems and integrated solutions, Empower Intelligence is at the forefront of laser technology innovation. |
| Blue Lake Capital | Investor | PE Firm | A private equity firm that led the Series B funding round for Empower Intelligence, highlighting its role in advancing technological and corporate growth. |
| Industrial Machinery Industry Investment Fund | Lead Investor | Company | A fund focused on industrial machinery investments that led the Series B round for Empower Intelligence. |
| CRRC Transformation and Upgrading Fund | Co-Lead Investor | Company | A co-lead investor in the Series B round, part of efforts to modernize and upgrade industrial capabilities. |
| Hidden Hill Capital | Co-Lead Investor | Company | A co-lead investor involved in the funding round, supporting Empower Intelligence's growth initiatives. |
| Vision Plus Capital | Co-Lead Investor | Company | Co-lead investor in the Series B financing round for Empower Intelligence. |
| North Venture Capital Fund | Investor | Company | Participated as an investor in Empower Intelligence’s Series B funding round. |
| Bank of Communications Overseas Chinese Fund | Investor | Company | One of the investors in the recent funding round of Empower Intelligence. |
| Lingang Digital Technology Fund | Investor | Company | Contributed to the Series B funding, facilitating Empower’s next phase of development. |
| Ministry of Industry and Information Technology | Awarding Body | Government | The organization that awarded Empower Intelligence the title of 'Specialized, Refined, Distinctive and Innovative Little Giant'. |