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Libo
App-connected adult toys for sexual wellness products
About Libo
Shandong Libo Electronic Technology Co., Ltd. is a manufacturer and trading company specializing in adult wellness products, founded on March 5, 2012. The company, with its legal representative Song Bo, is located in Linyi City, Shandong Province, China. Libo operates with a vertically integrated business model, encompassing its own research and development, production, sales channels, and supply chain.
The company's product portfolio includes a wide range of items for both men and women, such as vibrators, dildos, and other pleasure devices. A notable development was the 2016 release of a smart App-connected vibrator, which has received several patents. Libo also offers the "CherryPub" mobile application, a social app designed to control its smart toys, offering various interaction modes and content related to emotional and sexual wellness. The business primarily generates revenue through online sales, which account for over ninety-five percent of its sales channels. The company also engages in export, with an export percentage between 71% and 90%, and offers OEM, design, and buyer label services.
Libo has made significant investments in its infrastructure, including the establishment of an intelligent mold R&D center, a 3D printing technology research center, and a clean workshop in 2015. It has also set up its own circuit board, electroplating, and silicone rubber factories to create a comprehensive industrial chain. The company holds ISO9001:2008 quality system certification.
Source: Dealroom company dataAt a glance
- Founded
- 2012
- Headquarters
- Linyi City, China
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
- NFNew Potential Energy Fund
Plum Ventures
Source: Dealroom Talent Intelligence.
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