HAI ROBOTICS

Machinery : Industrial Robot : Autonomous Mobile Robot

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Shenzhen, China

VC-D; Capital Today, 5Y Capital, Sequoia Capital China, Source Code Capital, VMS, Walden International, Scheme Capital

HAI ROBOTICS is the pioneer and leader in autonomous case-handling robotic system. The company is committed to providing efficient, intelligent, flexible, and customizable automation solutions through advanced robotics and AI algorithms creating value to every warehouse and factory. HAI ROBOTICS focuses on R&D and design of its ACR system, realizing independent R&D of core elements such as robot body, basic positioning algorithm, control system, robot scheduling, smart warehouse management system, and owns numerous global patents.

Assembly Line

Warehouse automation firm Hai Robotics closes $100M series D funding round

Date:

Author: Brian Straight

Topics: Funding Event

Organizations: HAI Robotics

Less than a year after raising $200 million, Chinese warehouse automation firm Hai Robotics has announced a $100 million series D+ funding round. The latest round was led by Capital Today and an undisclosed U.S. fund. Existing shareholders 5Y Capital, Source Code Capital, Sequoia Capital and 01VC also participated. The funding is the third round raised in the past year as the acceleration of warehouse robotics intensifies across the globe. Hai has now raised $315 million, according to Crunchbase, across six total rounds.

“This round of financing will be spent on stepping up the R&D of warehousing logistics robotic systems and on global business expansion, to provide more efficient, intelligent and flexible products to power every warehouse with robots to address labor shortages and cope with the challenges brought by the aging population,” said Richie Chen, the company’s founder and CEO.

Read more at Freight Waves Blog

Philips Uses ACR Systems For Warehouse Automation

Hai Robotics picks up $200M for its warehouse robot

Date:

Topics: Funding Event

Organizations: HAI ROBOTICS

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously.

Its Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital while the Series D round was led by Capital Today along with existing investors including Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star and 01VC.

The latest fundings, which come after its $15 million Series B+ round in March this year, will be used to bolster its robot fleet with technological upgrades, penetrate further to the global market, hire talent and support its supply chain management.

Read more at TechCrunch