Yongquan Innovation founder Wang Hao on desktop CNC, five-axis timing and crowdfunding
Overview
Yongquan Innovation, founded in April 2025, has raised over $16 million on crowdfunding for its desktop CNC products and has completed seed, angel and Pre-A funding rounds, according to Leiphone (雷峰网).
Founder Wang Hao says five-axis machining does not yet have product-market fit, so the company starts with a three-axis machine that can be upgraded to five-axis linkage. He says the company now has about 200 staff.
Written by AI from the articles below · updated Nov 4, 12:12 AM ET
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- LeiphoneNewsYongquan Innovation founder Wang Hao on desktop CNC, five-axis timing and crowdfunding
AIYongquan Innovation, founded in April 2025, raised over $16 million on crowdfunding for its desktop CNC products, and has completed seed, angel and Pre-A rounds. Founder Wang Hao says five-axis machining does not yet have product-market fit, so the company starts with a three-axis base that can be upgraded to five-axis linkage. The company now has about 200 staff.
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