Robotics

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.

Fourier Intelligence develops robot-enabled prostheses, or exoskeletons, to help people affected with neurological disorders and spinal cord injuries.

The Shanghai-based company develops robots to assist patients recover after mobility-related injuries.

The company has served nearly 100,000 corporate clients including Pinduoduo, Dangdang, and ZiRoom.

They lead companies such as ByteDance, Pinduoduo, and DJI.

Startups have proved vulnerable to the economic fallout of the COVID-19 outbreak.