Tiangong Robot raises several hundred million RMB
Tiangong Robot completed a several-hundred-million-RMB financing to scale sorting-robot production and develop humanoid sorting systems.
Evidence notes
- Chuxin Fund led the round.
- Matrix Partners China and Hefei state capital participated.
- The company plans to expand manufacturing, commercialization and overseas operations.
Company context
Tiangong Robot develops 3D parcel-sorting robots and integrated warehouse automation systems.