About Laxcen
Laxcen is a Technology company based in Ningbo (China) founded in 1992, and was acquired by Netposa Technologies in February 2017. IoT-based RFID products are supplied for manufacturing and logistics applications. It operates in the Technology, Transportation, Automotive & Logistics, and Industrial Goods & Manufacturing sectors. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Devices and Tags & Readers.
Company details
Laxcen Technology was established in 1992 in Ningbo, China, within the IoT and RFID sector. RFID robots, smart cards, NFC and HF tags, and related equipment are offered for use in manufacturing, smart city initiatives, retail, logistics, and additional fields. A cloud platform is also provided to manage these RFID products, supporting operational needs across various industries.
- Headquarters Ningbo, China
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website laxcen.com
- Social LinkedIn X
- Acquired by Netposa Technologies (Feb 2017)
- InvestorsNetposa Technologies
& 5 more
- Acquired byNetposa Technologies
(Feb 2017)
Funding Insights of Laxcen
- Total Rounds 4
- Investors Count 5
All 4 funding rounds of Laxcen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | Series C | – | Turbo Capital | – | |
| Jun 2018 | Series C | – | Weiss Capital | – | |
| Jan 2015 | Series B | – | Ningbo Angel Capital Guiding Fund, Haitong-Fortis Private Equity Fund Management | – | |
| Jan 2013 | Series A | – | Zhejiang Haibang Investment Management | – |
6 investors in total: 6 institutional.
Investors in Laxcen
Laxcen has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Netposa Technologies, Turbo Capital and Weiss Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| turbofund.cn | ||||
| evcap.com.cn | ||||
| nbstf.org.cn | ||||
Haifu Fund is engaged in private equity and venture capital investments. | hffund.com.cn | Shanghai, China | ||
| hbvc.com.cn | ||||
Provider of cloud and AI-powered video monitoring systems | 2000 | netposa.com | Beijing, China |
Investor details for Laxcen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Laxcen
4 dated milestones of Laxcen across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Laxcen is founded.
- Funding First funding round.
- Exit Acquired by Netposa Technologies.
- Funding Latest funding round, Series C,.
Web traffic of Laxcen
The website of Laxcen (laxcen.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 10% vs previous month
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Frequently Asked Questions about Laxcen
Laxcen was founded in 1992 and raised its 1st funding round 21 years after it was founded.
Laxcen is headquartered in Ningbo, China. It is registered at Ningbo, Zhejiang, China.
Laxcen Technology was established in 1992 in Ningbo, China, within the IoT and RFID sector. RFID robots, smart cards, NFC and HF tags, and related equipment are offered for use in manufacturing, smart city initiatives, retail, logistics, and additional fields. A cloud platform is also provided to manage these RFID products, supporting operational needs across various industries.
Laxcen has 6 investors. Key investors include Netposa Technologies, Turbo Capital, Weiss Capital, Ningbo Angel Capital Guiding Fund, and Haifu Fund.
Yes. Laxcen was acquired by Netposa Technologies in February 2017.