Grace Laser

About Grace Laser

Founded in August 2014, Beijing Grace Laser Technology Co., Ltd. (also known as Zhuolei Laser) is a specialized developer and manufacturer of complex laser systems, including high-energy and ultrafast lasers. The company was co-founded by CEO Wang Tao, a graduate of the Xi'an Institute of Optics and Precision Mechanics, and has since established itself as a key domestic player in China's laser industry. The leadership team also includes Chairman Yu Yingpu. The firm's journey began in Beijing's Shunyi District and quickly formed a strategic partnership with the Chinese Academy of Sciences in 2015. This was followed by the establishment of a wholly-owned subsidiary in Xi'an in 2016 to focus on medical and aesthetic products, and another in Shenzhen in 2018 to cater to the industrial market.

Grace Laser operates across the scientific research, industrial processing, and medical aesthetics sectors. Its business model revolves around the design, research, development, and manufacturing of a wide array of laser products. These are sold directly and through distributors to clients both domestically and internationally in countries like South Korea, Japan, Singapore, and Israel. The company's product portfolio is extensive, featuring the LAMBER series of high-energy lasers for applications like laser shock peening; the BLAZER series of industrial-grade picosecond ultrafast lasers for micromachining brittle materials like glass and sapphire; and the ALICE-PS series of picosecond lasers designed for medical and aesthetic treatments such as tattoo removal. The company serves diverse markets including consumer electronics, semiconductors, and new energy. For instance, its LAMBER series has been used in partnership with major global companies for processing gas turbine blades.

Significant milestones include receiving angel investment from Xi'an-based Sicong Angel investment fund in 2016, obtaining CE certification in 2017 which opened up European market access, and securing multiple rounds of funding, including a Series B round of nearly 100 million RMB in 2019 and a Series C round of 200 million RMB in 2022. Investors include notable firms such as Legend Capital, China Development Bank Capital, and SDIC Venture Capital. The company has grown to over 140 employees, with a strong emphasis on R&D, and possesses the capacity to produce more than 2,000 lasers annually.