Chinese Robotics Company Flexiv Gets $100 Million Series B Funding. Flexiv is the Chinese-based adaptive robotics and automatic intelligence solution provider firm, Flexiv Chinese ai companies provide efficiency, flexibility, and deployment at a very reasonable cost, Flexiv creates hardware and software for so-called “adaptive robots, and this is the main reason for gaining investors’ attention towards their product and getting funds.
Flexiv Chinese AI 100M Funding in China
Flexiv Chinese ai has accomplished the highest single-round fundraising of $100 million in the history of general-purpose robotics in china.
Talking the famous investors who funded the unicorn, there are Meta Capital, Chinese agriculture firm New Hope Group, personal equity company Longwood, YF Capital by jack Ma’s, venture capital company GSR Ventures and Gaorong capital, Plug & Play’s, U S venture and china’s on-demand Meituan, as per ai 100m series meituanliaotechcrunch. The New round of funding makes it interesting when a startup’s capital raises more than $120 million in Investment.
which is a co-founder and CEO Shiquan Wang defines as tools that accurately mimic human dexterity and adaptability to changing environments, enabling them to complete repetitive yet complex tasks that are typically performed by humans but are outside the scope of conventional industrial robots. this is done by combining sensors-based “high-performance force control,” according to the startup, with artificial intelligence and computer vision technology.
Adaptive robots that incorporate industrial-grade force control, computer vision, and AI technologies are the primary focus of Flexiv Ltd., and Flexiv Chinese ai is a leading general-purpose robotics firm in the world. Customers across a variety of industries can use Flexiv’s cutting-edge turnkey solutions and services built on Flexiv robotic systems. A core team from Stanford University‘s robotics and AI laboratories established Flexiv in 2016.
The strategic funding from top businesses and funds across a range of sectors will primarily be applied to advanced R&D, mass production, and marketing. They will keep concentrating on the manufacturing sector’s automation transition while also looking into new applications in a wider range of sectors, such as services, agriculture, logistics, health care, and so forth chinese robotics company flexi chinese series.
Flexiv’s Co-Founder and CEO, Shiquan Wang, asserts that the company will be able to grow and expand its products and robot AI in a variety of practical application scenarios because of the multiple business opportunities from new investors that practically span every sector. This has a significant positive impact on our ability to create the most advanced robots and general intelligence systems.
A leader in general-purpose robotics, Flexiv Ltd. focuses on creating the greatest robotics and AI technologies that can be used in all sectors of the economy. Four years after its founding, Flexiv has finished developing its key hardware and software solutions, filed more than 100 technical patents, verified its main business model, and is now prepared to expand its operations.
Flexiv finished its series A+ in 2019 with a total of 22 million USD in investment. The world’s first adaptive robot, Rizon, was officially introduced by Flexiv in April 2019. By receiving the German Innovation Award and iF Design Award in 2020, Rizon gained recognition for its production value and design on a worldwide scale.
The company invested a significant amount of time and money in product verification and iterative optimization in the fields, and as a result, has produced over 100 adaptive robots and created a number of dependable and distinctive industrial applications.
According to Wang, the US and China are the two biggest marketplaces in the nation. The company wants to expand its US market in the future. The benefits of having a robot development lab in China in terms of labor costs and supply chains were also discussed by him. In contrast to “Artificial intelligence robots,” the robot he is seeking to create may adapt to its surroundings and should be more capable of making decisions Chinese Robotics Company.