Robotics

XYZ Robotics focuses on developing technologies that allow better coordination of robotic arms and vision systems.

The company has designed a model robot, which walks inside homes and interacts with humans, with an intelligence equal to that of a 5-year-old child.

From manufacturing to service sector, robots are playing a bigger role in China.

Huawei, ZTE, Foxconn and all among the startup’s clients.

Sublue is expected to start its pre-IPO financing round shortly and prepare for a future public listing on the Star Market of the Shanghai Stock Exchange.

China’s largest food delivery company invested more than USD 14 million into the robot manufacturer.

New funds will be used to develop visual controlling and sensing systems for unmanned vehicles and for business development.

The acquisition of RHK, which builds rehabilitation departments for hospitals and trains staff to operate them, can help Fourier net new clients.