Virtual Champion of Turbo Blower Boreasa Received Tens of Millions of Financing to Develop Miniature High-performance Fans

“excerpted from EqualOcean’s original article: “First Issue丨Virtual Champion of Turbo Blower Boreasa Received Tens of Millions of Financing to Develop Miniature High-performance Fans.”

On November 2, 2020, Hangzhou Boreasa Co., Ltd. announced the completion of tens of millions of yuan in Series A financing. The investors are Zhencheng Investment, and Xinghan Capital who acts as the exclusive financial advisor.

Boreasa focuses on the R&D and production of miniature high-performance miniature blowers. In this market segment, it is the only company in Asia that can produce miniature blowers for emergency medical ventilators. In terms of technical level, product sales and comprehensive level, Boreasa has ranked second in the world, becoming the virtual champion in the field of miniature high-performance turbo blowers.

The advantage of Boreasa is that it provides customers with the best technical solutions on the basis of creating international top quality and performant products. At that time, Boreasa’s product line will be more complete, realizing the transformation from the single market of medical ventilators to sleep ventilators, aerospace and industrial markets, and achieving a balanced development layout of product structure and application fields.

Regarding the financing, Li Jianwei, the founding partner of Zhencheng Investment, expressed: “Zhencheng Investment has long focused on the import substitution opportunities of high-end manufacturing. The Boreasa team has the characteristics of both entrepreneurs and scientists.

Through years of research and development, it has formed extremely high technology and craftsmanship barriers. Boreasa seized the opportunity in the COVID-19 epidemic to maximize the advantages of the rapid response of China’s supply chain, the rapid upgrade of production capacity, rapid product iteration, and its high performance, high quality, advantageous price and excellent service. It has quickly become the virtual champion of the industry by becoming the domestic substitution of miniature turbo blowers worldwide. At the same time, Boreasa has a clear second curve. We believe that Boreasa has the opportunity to realize the import substitution of miniature high-performance fans in a relatively short period of time and become an important player in the global market.”