Robotics company Mech-Mind Robotics announced on Monday that it had completed a C+ round of financing. This round of financing was led by one of the world’s top investment institutions, followed by IDG Capital, while Taihecap continues to act as the exclusive financial adviser. This is the third major financing round secured by Mech-Mind Robotics in the past year.
According to the Gaogong Industry Institute and Ruigongye.com, Mech-Mind Robotics has ranked first in terms of market share of 3D vision-guided industrial robots in China for the last two years. After the completion of this financing round, the company is looking to further enhance its product and services to better serve global customers.
Founded in 2016, Mech-Mind Robotics has numerous achievements in core technologies such as optical, mechanical, and electrical core components, imaging and visual recognition algorithms, AI algorithms, robotic algorithms and industrial software. The company has formed a complete intelligent robot infrastructure product stack including self-developed the high-performance industrial 3D camera Mech-Eye, a graphical machine vision software program called Mech-Vision, deep learning platform software Mech-DLK, an intelligent robotic programming environment Mech-Viz and AI intelligent meter reading system Mech-Meter.
Mech-Mind Robotics has businesses covering logistics, automobiles, construction machinery, semiconductors, new energy and other fields. The company has entered international markets such as Europe, the United States, Japan, South Korea and Southeast Asia and has scaled itself up into a company with teams in Beijing, Shanghai, Hangzhou, Shenzhen, Guangzhou, Changsha, Qingdao, Zhengzhou, Jinan, Munich, Tokyo and Chicago.