Chinese Robotics Startups Raise Millions in Fundraising Triumphs

Description: Discover the latest news in the robotics industry, as Chinese startups achieve impressive fundraising milestones for global expansion. From cooking robots to delivery automatons, learn about their remarkable advancements.

Introduction: This week’s robotics news highlights the remarkable fundraising successes of Chinese startups, propelling them to international recognition. From cutting-edge cooking robots to adorable delivery couriers, these companies are revolutionizing the industry and expanding their reach worldwide. Additionally, we pay tribute to the late Joanne Pransky, a pioneer in the robotics field, with a scholarship initiative by Women in Robotics. Read on to explore the latest advancements in the world of robotics.

Cooking Robot Company Botinkit Raises $13M: Shenzhen-based startup Botinkit has secured a significant $13 million in its Series A funding round. Known for its cooking robots that ensure consistency and efficiency, the company has already ventured beyond China into Japan and the U.S. Now, armed with fresh capital, Botinkit sets its sights on Europe and the Middle East. Besides streamlining the cooking process and minimizing ingredient loss, Botinkit envisions remote cooking possibilities, where a chef in one country can cook for someone thousands of miles away using their software and hardware system.

SoftBank Backs Rice Robotics’ Delivery Venture: SoftBank, the technology giant, has invested in Hong Kong-based Rice Robotics, known for its adorable delivery robots sporting wide, captivating eyes. These charming couriers have been assisting workers in SoftBank’s Tokyo headquarters, ensuring seamless deliveries between 7-Eleven stores and drop-off locations. With $7 million raised in its pre-Series A funding round, Rice Robotics aims to expand further within Japan, its primary revenue source.

ForwardX Raises $140M in Robotics Advancement: Beijing-based ForwardX has made significant strides in the warehouse logistics and inventory management sector. The company, established in 2016, has already deployed 3,000 robots, serving esteemed clients such as IKEA, UNIQLO, Walmart, and Mitsubishi. Recently, ForwardX concluded a $30 million funding round, boosting its Series C to $61 million and total funding to an impressive $140 million. These funds will support the company’s continued growth and innovative advancements in the field of robotics.

Women in Robotics Launches Joanne Pransky Scholarship: The robotics community mourns the loss of Joanne Pransky, a distinguished figure who dedicated her life to exploring the human-robot relationship and advocating for social robotics. In honor of her legacy, Women in Robotics introduces the Joanne Pransky Celebration of Women in Robotics scholarship. This scholarship aims to empower and support the next generation of women and non-binary students pursuing careers in robotics. Contributions to the fund can be made via Bold.org, helping pave the way for a more inclusive and diverse future in the robotics industry.

Conclusion: Chinese robotics startups have surged ahead with impressive fundraising achievements, expanding their innovative technologies across borders. From automated cooking to delightful delivery robots, these companies redefine the possibilities in the robotics space. Additionally, the industry commemorates the influential work of Joanne Pransky with a scholarship initiative encouraging gender diversity and inclusivity in the field. As the robotics industry continues to flourish, it embraces a future driven by groundbreaking innovations and remarkable advancements.

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