LeSheng Smart

About LeSheng Smart

Guangdong LeSheng Smart Technology Co., Ltd. is an original design manufacturer (ODM) specializing in intelligent cleaning appliances. Founded in 2017 and headquartered in Dongguan, China, the company provides complete software and hardware solutions for the smart home appliance market. Its business model is focused on the research, development, production, and sale of its products to other brands, with customers including prominent names like Haier, Conga, Roidmi, and Yunmi. The company's revenue is generated through these B2B sales, with orders split evenly between domestic and overseas clients.

LeSheng Smart's product portfolio is centered around intelligent cleaning robots but also includes handheld vacuum cleaners, floor cleaners, smart tower fans, and smart pet products. The firm is noted for its R&D capabilities, being among the first to integrate laser and path planning with obstacle avoidance algorithms in its devices and achieving breakthroughs in automatic dust collection technology. As of early 2022, the company operated three factories spanning over 60,000 square meters with approximately 1,500 employees, about 200 of whom are in R&D.

The company has experienced significant growth, with shipments increasing by about 20% annually in recent years. To support this expansion, LeSheng Smart secured a Series A+ financing round of nearly CNY 200 million (USD 31.38 million) in April 2022, led by Fortune Capital. These funds were allocated for the construction of a new headquarters, as well as expanded research and production facilities. The company's chairman is Chen Jinyi.