Dacheng Venture Capital led a RMB100 million A-round financing for Sancai Mechanical & Electrical
Recently, Dacheng completed the leading investment in the A-round financing of Sancai Mechanical and Electrical, a precision transmission manufacturer, with Sanhua Hongdao and Zhejiang Stock Kexin as the followers. The funds raised from this financing will be used for R&D investment, the expansion of the production scale of precision planetary gearboxes, and the R&D and production of harmonic robot joint reducers and drivers.
Sancai Mechanical and Electrical was established in 2007 and focuses on the production of precision reducers, servo motors, servo drives, etc., providing products for the automation production line and automation equipment. It has cooperated with several well-known manufacturers at home and abroad.
Sancai Mechanical and Electrical is one of the earliest manufacturers to develop precision planetary gearboxes in China, which began mass production in 2012. The planetary gearbox has become the core product of Sancai Mechanical and Electrical. Sancai Mechanical and Electrical founder and CEO Jiang Jianbin said that Sancai Mechanical and Electrical's planetary gearbox is widely used in the automation field in China.
The planetary gearbox can reduce the speed of the motor while maintaining the running accuracy and increasing the output torque. As a core supporting part, the planetary gearbox has been widely used in the new energy industry, semiconductor equipment, intelligent logistics, 3C and other automation industries. With the rise of humanoid robots, Sancai Mechanical and Electrical also established a robot service team to develop planetary reducers and harmonic reducers suitable for robots.
There are three mainstream structures for the joint drive of humanoid robot reducers, namely planetary reducers, harmonic reducers, and ball screw drives. Jiang Jianbin said that the market maturity of planetary reducers and harmonic reducers is relatively high. Jiang Jianbin said that Sancai Mechanical and Electrical has successfully developed a drive, motor, and reducer integrated device and has been mass-produced.
At present, Sancai Mechanical and Electrical has two core manufacturing bases and has set up a sales and R&D center in Hangzhou. Its products have been exported to several developed countries and regions. Jiang Jianbin said that with the use of new factories, the annual output of reducers will be increased to 800,000 units in the next three years, and the annual output of permanent magnet synchronous motors, servo motors, and servo drives will be increased to 100,000 units each. The goal of "five-year annual revenue growth to RMB800 million" is expected to be achieved in 2027, with an annual revenue of RMB800 million in 2027.
Li Duozhen, vice president of Dacheng Capital, said: "In recent years, Dacheng has completed the layout in the fields of body, reducers, dexterous hands, joint modules, and frameless torque motors. The planetary/harmonic reducer is a key part of our investment in completing the entire humanoid robot industry chain. We are very optimistic about Sancai's ability in product standardization. Compared with single planetary reducer manufacturers, Sancai has better R&D capabilities and the ability to scale down costs, and its reducer products have proven their product strength in multiple application fields. We look forward to achieving domestic substitution and large-scale applications in more application fields in the future."