Transaction and News
Collabrium Partners Advises LF Intelligence on its Capital Financing From Select Investors
August 7, 2023 at 1:36:51 PM
Philadelphia, USA – August 7, 2023. LF Intelligence, an AI-driven robotics startup, announced that it has completed a new round of fund-raising activity from select investors in the US and China. The company aimed at developing and promoting affordable autonomous lawn management robots and providing customers with one-stop comprehensive solutions including autonomous lawn cleaning, weed removing and lawn mowing, etc. The capital financing has been supported by existing investors, venture capitals, family offices, and rich individuals and was completed within a short period of time. The company’s product, Novabot, has been drawing lots of attention since its show at CES 2023, and will be ready for delivery to pre-order customers very soon.
Adam Zhang, Founding Partner and CEO of Collabrium Partners, commented, “We’re pleased to advise LF Intelligence on its new round of fund-raising activity from select investors in the US and China. The group of talented and ambitious engineers from the University of Pennsylvania GRASP Lab truly surprised everyone by introducing a revolutionary autonomous lawn care robot with ground-breaking technologies. This will be a game-changer and improve our lifestyle in the near future.”
About LF Intelligence
Headquartered in Penn Innovation Incubator Park in Philadelphia, USA, LF Intelligence is a world pioneer in developing AI-Driven cable-free lawn-care robotic products. The company has set up branches in Silicon Valley, Shenzhen, Beijing, Chengdu, and Suzhou, China. LFI has set up a Perception and Optics Research Center to research a full-stack vision optical system and vision algorithm. LFI has an R&D team consisting of more than 30 senior engineers, including 4 PhDs. The rest of the engineers graduated from well-known universities in the US and abroad, such as CSU, Tsinghua University, and the University of Pennsylvania.
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About Collabrium Partners
Collabrium Partners is a Chinese leading independent investment banking firm focused on providing financial advisories on mergers & acquisitions, strategic planning, restructuring, private placement, independent opinions to corporations, financial institutions, public service agencies, and others.
For more information, please visit www.collabrium.com