Matrixime Robotics completes RMB 110 mln Series A

2020-08-21
|
Lynn Lin

Matrixime Robotics completes RMB 110 mln Series A

Matrixtime Robotics, an industrial AI company, recently announced the completion of its Series A round of financing, raising 110 million yuan.


The investors of this round include Hunan High-Tech Investment Group, the Fund of Nanjing Jiangbei Industrial Investment Group and Jiangbei Intelligent Manufacturing Park, and Suzhou HYC Technology.


This round of financing will be used to accelerate the industrial AI products’ development and layout, to enhance the company's R&D capability of high-end equipment in the semiconductor and other industries, to strengthen the delivery capability of large orders, and to promote market expansion.


In 2018, Matrixtime Robotics was founded. In 2019, it completed the angel round and Pre-A round of financing from Beijing’s Key Technology Fund, Japan's SBI Holdings and the Guolian Group in Wuxi City. Adding this round of financing, Matrixtime Robotics has garnered 150 million yuan in just two years.


As an AI technology start-up company, Matrixtime Robotics is committed to develop complex machine vision and industrial AI robots. The company is aimed to empower high-end manufacturing with cutting-edge AI technology, and provide scene-oriented industrial AI products.


Currently, Matrixtime Robotics is engaged in advanced semiconductor manufacturing, photovoltaic new energy, automotive precision manufacturing, and unmanned ports.



RELATED ARTICLES

Eugenlight Technologies closes Series A of RMB tens of millions
2020-09-13
|
PEVC , Semiconductor , Electroinic

BPassword closes angel round led by Eagle Fund
2020-09-13
|
PEVC , Blockchain

Microtera Semiconductor closes Series A with RMB tens of millions
2020-09-13
|
PEVC , Semiconductor

Vertex Ventures completes new fund raising of RMB three bln
2020-09-13
|
PEVC , Technology , Semiconductor

Xiaoyinghe closes seed round of two mln yuan
2020-09-12
|
PEVC , Internet
China SDG