36Kr Exclusive | EBike Drivetrain Supplier Breaks Overseas Giants' Monopoly, Secures Tens of Millions of Yuan in New Funding Round with Participation from Cathay and Dachen
Lofandi Intelligent Technology, a Chinese supplier of core components for smart micro-mobility, has secured tens of millions of yuan in a new round of Series B+ funding. The investment, which includes participation from Cathay Sea and Fortune, will fuel research and development, production expansion, and global sales network construction, with a focus on next-generation smart internal gear hubs. Lofandi aims to disrupt the market dominated by giants like Bosch and Shimano by offering advanced technology, including a patented UHT ultra-high torque technology capable of handling up to 200Nm, and AI-driven automatic gear shifting that enhances efficiency and rider experience. AI
IMPACT This funding could accelerate the adoption of AI-driven features in e-bikes, potentially leading to more personalized and efficient riding experiences.