HD Systems, Inc. announced that it will receive $28,000,000 in its equity round of funding on February 8, 2021. The transaction will include participation from returning investor Harmonic Drive Systems Inc. On closing, the investor retains its 100% stake in the company. In addition, the company falls into the category of a specified subsidiary since the amount of its capital accounts for more than 10% of the investor capital. Capital after capital increase including capital reserve is $29,300,000. The transaction has been approved by board of directors of Harmonic Drive Systems Inc. The transaction is expected to on February 17, 2021.