Laxcen

Ningbo, China Founded: 1992 • Age: 34 yrs Acquired By Netposa Technologies
IoT-based RFID products are supplied for manufacturing and logistics applications.
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About Laxcen

Laxcen is a company based in Ningbo (China) founded in 1992 was acquired by Netposa Technologies in February 2017.. Laxcen operates in a competitive market with competitors including Impinj, RightHand Robotics, Third Wave Automation, Kindred and GreyOrange, among others.

  • Headquarter Ningbo, China
  • Sectors
    Technology
    Transportation, Automotive & Logistics Industrial Goods & Manufacturing
  • Email
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  • Phone
    *********
  • Website
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  • Social
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Netposa Technologies

    (Feb 01, 2017)

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Funding Insights of Laxcen

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Series C - Laxcen Valuation Turbo Capital
Jun, 2018 Amount Series C - Laxcen Valuation Weiss Capital
Jan, 2015 Amount Series B - Laxcen Valuation Ningbo Angel Capital Guiding Fund , Haitong-Fortis Private Equity Fund Management
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Founded Year Domain Location
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Founded Year Domain Location
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Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Laxcen

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Laxcen

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Laxcen Comparisons

Employees
+
Add Comparison
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Competitors of Laxcen

Laxcen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Impinj, RightHand Robotics, Third Wave Automation, Kindred and GreyOrange, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
RFID solutions for retail, healthcare, consumer electronics and IoT
domain founded_year HQ Location
AI-enabled robotic grippers for object picking are provided.
domain founded_year HQ Location
AI and cloud-driven automation is delivered for warehouse material handling.
domain founded_year HQ Location
Provider of a pick and place robot for e-commerce applications
domain founded_year HQ Location
AI and SaaS-based robots for warehouse automation are provided.
domain founded_year HQ Location
Global materials science and digital identification solutions are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Laxcen

Frequently Asked Questions about Laxcen

When was Laxcen founded?

Laxcen was founded in 1992 and raised its 1st funding round 21 years after it was founded.

Where is Laxcen located?

Laxcen is headquartered in Ningbo, China. It is registered at Ningbo, Zhejiang, China.

What does Laxcen do?

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.

Who are the top competitors of Laxcen?

Laxcen's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.

Who are Laxcen's investors?

Laxcen has 6 investors. Key investors include Netposa Technologies, Turbo Capital, Weiss Capital, Ningbo Angel Capital Guiding Fund, and Haifu Fund.

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