fbpx
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Marketplaces & E-commerce
    • Ecosystem
    • Robotics
    • Investments
    • EdTech
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
    • Product Launch
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • REGISTER
  • login
No Result
View All Result
No Result
View All Result
Home Featured

Chinese robotics startup Hai Robotics gathers $200m in funding

Team AsiaTechDaily by Team AsiaTechDaily
22 September 2021
in Featured, Robotics
0
Hai Robotics
72
SHARES
Share on FacebookShare on Twitter
Bookmark (0)

Please login to bookmark

No account yet? Register

Hai Robotics, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR), announced that it raised about $200 million in total in two new continuous rounds of financing.

According to the announcement, the Series C funding round was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International, and Scheme Capital.

The Series D funding round, the third capital infusion for the company in 2021, was led by Capital Today with some existing investors, including Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star, and 01VC.

Earlier in March, the company announced raising $15 million in its Series B+ funding round.

Hai Robotics said it will use the fresh funding to boost its robot fleet with technological upgrades, expand its global operations networks, optimize its supply chain management, and acquire more talent.

“Our major future orientation will center on expanding the overseas market and localize our service,” said Richie Chen, the company’s co-founder and CEO.

Chen said that the company will continue to pursue technological innovation as the primary driver for growth and continuously create values for customers.

Hai Robotics

Hai Robotics launched the world’s first ACR system–HAIPICK™ in 2015. The HAIPICK™ robots can pick and place totes or cartons on storage shelves up to 5 to 7 meters high and are able to carry up to 8 loads to continuously feed goods-to-person picking stations.

Founded in 2016 with headquarters in Shenzhen, China, HAI ROBOTICS has set up five subsidiaries in Hong Kong SAR, Japan, Singapore, the US, and the Netherlands, serving customers from more than 30 countries and regions.

It now has over 1,000 staff, more than 50% of which are engineers. The company has acquired more than 400 global patents for core intellectual properties involving positioning, robot control, and warehouse management.

“The case-handling robot is riding on the market trend that shifts towards smaller workflows, such as from pallet-picking to totes-picking. We’re very pleased to see the company’s fast growth with good innovation,” said Guo Shanshan, a partner at Sequoia Capital China.

Previous Post

India’s used-car sales platform Cars24 raises colossal funding of $450 million soars to $1.84 billion valuation

Next Post

Indonesia’s social commerce platform Evermos bags $30m to finance expansion

Related Posts

edit post
Bayo Pay
Featured

Malaysia’s Bayo Pay bags $2.4m in Series A round led by VentureTECH SBI

June 2, 2023
edit post
Oxalus
Blockchain

Blockchain startup Oxalus raises $1.1m for NFT social commerce expansion

June 2, 2023
edit post
Sleek CEO, Eric Kim at the East meets West Pitch competition
AI & Big Data

Sleek’s ‘Hifive’ Fitness Platform Triumphs at 2023 East Meets West Pitch Competition in Hawaii

June 2, 2023
edit post
WeGoWhere
Featured

500 Global leads $1.2m Seed funding in social networking startup WeGoWhere

June 1, 2023
edit post
Hybr1d
Featured

SG startup Hybr1d raises $3.2m, eyes global workforce management expansion

June 1, 2023
edit post
TRIREC
Clean Technology

TRIREC, INNOPOWER team up for $100m green energy fund

May 30, 2023
Next Post
edit post
Evermos

Indonesia's social commerce platform Evermos bags $30m to finance expansion

Discussion about this post

No Result
View All Result

Follow Us

FREE NEWSLETTER




Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

No Result
View All Result
  • Topics
    • AI & Big Data
    • AR & VR
    • Blockchain
    • Clean Technology
    • Content & Games
    • Cybersecurity
    • Enterprise & SaaS
    • Gadgets & Electronics
    • Health & Bio
    • FinTech
    • IoT
    • Transportation & Logistics
    • Ecosystem
    • Marketplaces & E-commerce
    • Robotics
    • Investments
    • Featured
  • Deals
    • Private Equity
    • Venture Capital
    • IPO & Markets
  • Interviews
    • Investors’ interviews
    • Founders’ interviews
    • Product Launch
  • MORE
    • Events
    • Startups Advice
  • Submit an Article
  • Forums
  • Jobs
  • REGISTER
  • Login

Copyright © 2023 AsiaTechDaily.com| About Us | Seed accelerator| Terms of Use| Privacy Policy| Cookie Policy Contact : [email protected] | DMCA.com Protection Status | trusted by Wimgo

We hope you enjoy our content, May you please give us Feedback regarding our website!

Single Post Feedback