Chinese robotics firm Cloud Curtain raises tens of millions of yuan in Pre-A round
What's the deal? Cloud Curtain Intelligent ManufacturingDealroom has a profile for this one. Try Dealroom →, a Chinese robotics developer and manufacturer, has raised tens of millions of yuan in a Pre-A round. The round drew a group of investors including Huaqiang Venture CapitalDealroom has a profile for this one. Try Dealroom →, Ningbo Keli Sensing TechnologyDealroom has a profile for this one. Try Dealroom →, Tengfei Technology, Zhejiang Huaxia Smart Energy Group, and Taicang Angel Investment Fund.
What's the endgame? The company focuses on turning frontier technology into practical robotics products. It targets industrial, research, and education customers with what it describes as innovative solutions.
Who else is involved? Xinpai Capital is serving as the company's long-term financial adviser.
The signal: The backing of a sensing technology firm and an energy group alongside venture and angel investors points to strategic interest in China's applied robotics sector, where hardware and industrial deployment increasingly draw capital.
Read more: IT Juzi
Image credit: NASA Goddard Photo and Video
