Nvidia’s Robotic Strengths Spell Blissful Uncertainty for Chinese Firms
An increasingly powerful Nvidia is as much as an agent for change to Chinese robotic firms as a source of uncertainty.
Tag: #robotics industry
Showing 10 of 46 posts with this tag
Warehouse Robot Firm Geek+ Secures $100M in E1-Round Financing
Geek+, a logistics industry robot company, announced on August 8 its completion of a new round of financing totaling $100 million. The investors were Intel Capital, Vertex Growth Fund and Qingyue Capital.
8/9/20222 min read
Aerial Work Robot Firm RobotPlusPlus Raises $15M in Series B Financing
RobotPlusPlus, a leader in aerial work robots, announced on Tuesday its Series B funding round of $15 million, bringing its investment total to approximately $35 million since its founding in 2017.
5/24/20222 min read
Over One-Third of the Global Industrial Robots Were Manufactured in China
China’s robotics industry saw rapid growth this year. According to a report released by Buy Shares, there were 381,000 units of industrial robots globally as of September 2020.
1/4/20213 min read
Display Firm Royole Wins 3 Billion Yuan in Product Orders From CIOT
As part of the agreement, CIOT will purchase flexible display screens, sensors, software and hardware integration solutions from Royole Corporation in batches for the whole line of commercial robot products of the company.
<strong>China VC Weekly: Robot Firms on Funding Streak</strong>
In last week’s VC news, Matrix Partners completed two weighty capital injections in computer chips and robots, sweeping robot company LeSheng Smart secured its Series A+ financing round, and more.
4/20/202211 min read
Beijing Releases "14th Five-Year Plan" for Development of Chinese Robotics Industry
China’s Ministry of Industry and Information Technology and other fourteen government departments recently issued a document to guide the development of the country's robotics industry during the "14th Five-Year Plan" period.
Chinese Startup MaxRock Robot Secures $15M in New Funds
MaxRock Robot AI Technology (Beijing) Co., Ltd. announced its completion of an angel round and Pre-A round of financing, amounting to a total of nearly 100 million yuan ($15.78 million).
Newly Established Phigent Robotics Bags Millions in Latest Financing
Established only two months ago, Phigent Robotics has completed rounds of financing worth tens of millions of dollars in angel and pre-A financing rounds.
10/22/20212 min read
Robotphoenix Secures Hundreds of Millions of Yuan in Financing
Industrial robotics and intelligent manufacturing firm Robotphoenix announced on Monday it has collected several hundred million yuan in a Series-D financing round.
3/14/20223 min read