A RMB 1 billion raise and a 10,000-robot order: who actually cashes in on China’s robot boom?
Guangdong Tianji Intelligent Systems recently closed a RMB 1 billion Series B and B-plus round at a post-money valuation near RMB 10 billion. Hillhouse Venture and Meituan’s strategic arm co-led, with Tencent, Gaorong Venture, Photosynthesis Venture and GGV Capital following. Tianji does not make just one kind of robot. Its products span collaborative robots, horizontal … Read more