Fauo

“Invested by Longzhu in 2021. Cited as an example of a later entrant to a 'traditional' market that won by dramatically reducing price — first to market with a 20,000 RMB collaborative robot arm.”

“They were the first to launch a 20,000 RMB collaborative robot arm that worked very well. The year we invested, they sold 600 units. Last year they passed 10,000 units — China's #1 in this category.”