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Announced

Completed

Hopu Investment Management led a $160m Series C round in Layie.

Financials

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Transaction Value£122m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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China

Private

Friendly

Auto Technology

Minority

Completed

Single Bidder

Cross Border

Private Equity

Venture Capital

intelligent automation

Acquisition

Synopsis

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Hopu Investment Management, an Asian alternative asset manager, led a $160m Series C round in Layie, a global intelligent automation company, with participation from Youshan Capital, VMS Group and Lightspeed Venture Partners. "Laiye has made great strides in expanding its success in China to Asia Pacific, the Americas and EMEA. We envision a future where all organizations and people are transformed, emboldened and made better by the power of intelligent automation. An AI-enabled digital workforce developed from Laiye’s integrated intelligent automation platform will help our customers accelerate their digital transformation journey. This new round of funding will continue to fuel our relentless product innovation and triple-digit YoY revenue growth in the years to come," Guanchun Wang, Laiye Chairman and CEO.

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