China’s intelligent robotics solutions designer Shenzhen Yuejiang Technology Co., Ltd (DOBOT) has closed a 320 million yuan ($49 million) round joined by new investors CICC Capital, China Merchants Capital, CRRC’s investment arm CRRC Capital, Wens Investment, V Fund, and investment bank Scheme Capital.
It raised an undisclosed pre-B round funding from Shenzhen Capital Group, Qianhai FOF and Galaxy Holdings in April last year, according to a company statement on Friday.
Scheme Capital facilitated the transaction.
DOBOT, which claims to be China’s largest cross-border supplier for industrial robots, produces smart robotic arms that cater to a slew of industries across education, new retail, logistics, healthcare, manufacturing, among others.
CHINA DEAL MONITOR
DealStreetAsia has also put together a table listing out all prominent venture capital transactions in the Greater China region on January 15, 2021.
