Recently, Tongchuan Technology received another capital boost and joined hands with Yida Capital to hold a round A financing signing ceremony in Jiangmen, witnessed by Hanyu Group.
The Road to Localization of Harmonic Reducers
Tongchuan Technology was founded in 2012 and is committed to providing safe, reliable, modular, and lightweight precision transmission components for the robot industry. Its products mainly include harmonic reducers, electromechanical integrated actuators, collaborative robot joint modules, humanoid robot joint modules, etc.
Since its inception, Tongchuan Technology has aimed to break the monopoly of overseas brands and achieve the localization of core robot components. Under the leadership of the core technical team, we are the first to develop an advanced reducer tooth profile -3D curved conjugate double arc tooth profile, achieving a breakthrough in domestic harmonic reducer technology, effectively improving the service life, transmission accuracy, consistency, vibration noise and other performance and quality of harmonic reducers. Our technology and product parameters are comprehensively leading, and the overall performance reaches the international leading level.
At present, Tongchuan Technology’s harmonic reducers have been widely used in industrial robots, aerospace, machine tool equipment, new energy equipment, CNC turntables, semiconductor equipment and medical devices, helping customers achieve the localization of core components.
In the research and production of harmonic reducers, Tongchuan Technology quickly captured customer and market demands, innovated and cleverly combined reducers, motors, encoders, and brakes to create high-precision, high rigidity, high torque, and small volume harmonic electromechanical integrated actuators. Effectively applied in work scenarios with small space, high load, and high precision requirements, it can effectively replace some DD motors, hollow rotating platforms, precision cam splitters, servo+high speed ratio planetary reducers.
At the same time, Tongchuan Technology has also laid out and mastered robot transmission related technologies in advance, launching a series of robot transmission joint modules for the fields of collaborative robots, humanoid robots, and service robots, further reducing the volume and weight of robot joint modules, achieving high integration, and leading technology in the direction of lightweight and modularization of robot joints.
Holding hands with the cableway and Yida, accelerating the pace of expansion
With the launch of the A-round financing in August, Cableway Investment and Yida Capital have successively reached cooperation with Tongchuan Technology.
Cableway Investment was founded in 2016, focusing on the intelligent robots and upstream core components sector. Out of support and recognition for Tongchuan Technology, Cableway Investment has reached a financing cooperation with Tongchuan Technology, which is also the first round of external investment for Tongchuan Technology’s independent development.
As an established and well-known venture capital institution, the cooperation between Yida Capital and Tongchuan Technology proves the core creative value and development potential of Tongchuan Technology in the field of robotics.
Yida Capital is firmly at the forefront of the industry in terms of research capabilities, asset management scale, and investment specialization. It is one of the most influential venture capital institutions in China, and has won awards such as “Annual Chinese Venture Capital Institution”, “Best Chinese Venture Capital Institution”, and “Most Competitive Venture Capital Institution” in multiple heavyweight rankings. It also ranks first among domestic venture capital institutions.
The cooperation with Cableway Investment and Yida Capital this time means that Tongchuan Technology can achieve better financial and strategic flexibility, and will have more resources and funds for independent research and innovation.
Tongchuan Technology plans to use funds to expand the production capacity of harmonic reducers, develop new products, and expand its business, accelerating the strategic layout of industrialization of robot harmonic reducers and robot joint modules.