Empower Intelligence Completed Series B Funding

Empower Intelligence (嘉强智能), a portfolio company of Blue Lake Capital, has recently completed its Series B financing round totaling hundreds of millions of RMB. The round was led by the Industrial Machinery Industry Investment Fund (工业母机产业投资基金), co-led by CRRC Transformation and Upgrading Fund (中车转型升级基金), Hidden Hill Capital, and Vision Plus Capital, with participations from North Venture Capital Fund (北创投基金), Bank of Communications Overseas Chinese Fund, and Lingang Digital Technology Fund (临港数科基金).

The new funding will be allocated to pursue Empower’s HONGZHI RUI xEOS Platform and the KAIYUAN xAPP mini-program ecosystem, designed for edge deployment in laser intelligent equipment. This investment will not only accelerate R&D team development and expansion and the establishment of digital smart manufacturing delivery centers, but also enhance Empower’s integrated software and hardware offerings and global service capabilities. Furthermore, the funding will support the expansion of downstream industry application solutions to meet the increasing demand for laser automation across various industries.

Globally, industrial laser machine is extensively penetrating and replacing traditional processing machines, emerging as the new generation of “industrial machine tools”. Currently, China’s laser manufacturing equipment market has already exceeded 100 billion RMB. Following trends in core component performance optimization, cost reduction, and increasing smartification, application scenarios such as cutting, welding, cladding, additive manufacturing, cleaning, and micro-processing are rapidly expanding. The market scale is poised for further substantial growth.

As a global leader in core subsystems for laser equipment, Empower Intelligent provides integrated hardware and software solutions combining CNC systems and laser processing heads (A+B), modular K+N industry solutions, and full-stack C+S services covering the entire product lifecycle.

Empower Intelligent, as China’s first manufacturer to achieve domestic substitution of laser processing heads, maintains its leading position in domestic sales with cumulative deliveries over 200,000 units. The company’s market presence extends to over 20,000 downstream customers, achieving a coverage rate exceeding 90% among leading laser equipment manufacturers, with products distributed across more than 70 countries and regions globally. The company has earned numerous prestigious recognitions, including the “Specialized, Refined, Distinctive and Innovative” Little Giant designation from the Ministry of Industry and Information Technology, National High-Tech Enterprise status, Shanghai Manufacturing Single Champion Enterprise, Shanghai Science and Technology Little Giant, and Shanghai Enterprise Technology Center certification.

In June 2022, Blue Lake Capital was the lead investor in Empower Intelligence. With the widespread use of laser technology in industrial applications, Empower has established itself as an undisputed hidden champion in core subsystems for laser equipment. The company has made significant progress in expanding its control software capabilities, gaining recognition from downstream customers across various application scenarios.

Source: Empower Intelligence