…addition, the company said it has established partnerships with more than 50 Fortune 500 businesses. Meituan, a leading e-commerce services platform in China, led VisionNav's Series C+ round. VisionNav said it will use this round of funding on technology research and new product development. It will also optimize product performance with a focus on stability and standardization. VisionNav said it also plans to promote large-scale implementation and localized delivery for global customers.
…have started to deliver groceries ordered on Meituan's platform to residents in Xuhui district of Shanghai, which is undergoing a citywide lockdown as of April 1 to fight its worst COVID-19 outbreak yet. Gu added that the company plans to launch HSD, the Haomo Self-Driving fleet, in 2023. Level 4 autonomous delivery vehicle in development. Source: Haomo Fundraising and development continue Bank of China Group Investment Ltd. led Haomo.AI's Series A+ round, with participation by existing investor Shoucheng Holdings Ltd.…
…Web Services, Hyundai Robotics, JD.com, Komatsu, and Meituan. “We are extending the powerful Microsoft Azure platform to the intelligent edge,” said Roanne Sones, corporate vice president for Microsoft Azure Edge + Platforms. “Combining Azure’s advanced capabilities with performance and software development tools such as NVIDIA Jetson AGX Orin helps give developers a seamless experience to easily build, deploy, and operate production-ready AI applications.” Jahmy Hindman, chief technology officer at John Deere, noted: “With the global population expected to reach nearly…
…sales value is expected to rise to 61 billion yuan ($9.5 billion). Chinese companies Alibaba, Meituan, and JD.com said they plan to have more than 2,000 courier robots in use this year between them. Check out the slideshow (right) for five robots helping to keep people safe at the 2022 Winter Olympics.
…logistics vehicles. The company has partnered with Meituan, Alibaba DAMO Academy, and Dmall, the on-demand grocery delivery unit of supermarket chain Wumart. Such logistics vehicles are now delivering groceries to residents for Dmall in the district of Shunyi, Beijing and transporting e-commerce parcels at universities for Alibaba in cities such as Wuhan, in Hubei province, and Hangzhou, Zhejiang province. Haomo claimed that its 5,000-sq.-m (53,819.5-sq.-ft.) plant in Baoding, Hebei province, is the biggest of its kind worldwide in terms of…
…working on deliveries with drones, mobile robots, and self-driving cars include Flytrex, DroneUp, Starship Technology, Meituan, and Wayve, among others.
…through application programming interfaces (APIs). SoftBank among funding leaders Capital Today, SoftBank Vision Fund 2, Meituan, and other investors participated in Gaussian's Series C round. The company did not disclose its current valuation, reported Reuters. In April, Gaussian Robotics raised $100 million in Series B funding. The global market for cleaning robots will experience a compound annual growth rate (CAGR) of 22.8%, growing from $8.9 billion in 2021 to $24.8 billion in 2026, estimated Markets and Markets.
…Financial, Anaplan, ByteDance, Chime, Databricks, DoorDash, Instacart, Meituan, Snap, Snowflake and Spotify. Reliable Robotics to continue growth Reliable Robotics said it plans to expand its aircraft program to additional, larger airframes and demonstrate the versatility of its system. The company also expects to support emerging electric and hybrid electric platforms and eventually passenger aircraft. Since emerging from stealth last year, Reliable Robotics has grown substantially. It has more than doubled in size, attracting a diverse group of engineers with expertise…
…it was “one of the world's most funded AI+ industrial robotics startups.” IDG Capital and Meituan led Mech-Mind's Series C1 round, with participation from returning investors Sequoia Capital China and Source Code Capital. Taihecap was an investment bank advisor. Mech-Mind said it serves verticals such as automotive, home appliance, food and beverage, and pharmacy. The company's customers include BMW, DHL, Honeywell, Siemens, and Yaskawa.
…as Square Cabin Hospitals in Thailand and hospital chains in Russia. Funding to support growth Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings, and Sequoia Capital China jointly led Pudu's Series C2 financing. Taihecap was the independent financial advisor. Pudu Robotics raised $78 million in C1 funding in May and about $77 million in C2 funding. The company said it plans to use its latest investment for research and development, new site launches, and expansion of its global…
…It cited entrepreneur partners such as JD.com, Meituan, Facebook, LinkedIn, Toast, Stripe, ByteDance, Warby Parker, Flipkart, and DiDi. Tiger Global is based in New York and has affiliate offices in Hong Kong, Beijing, Singapore, and Bangalore. Mobile robot market keeps rolling Mobile robot companies have raised more than $1 billion so far this year. Top deals included GreyOrange's planned $500 million initial public offering (IPO), Zebra Technology's acquisition of Fetch Robotics for $290 million, Locus' $150 million Series E, and…
…1.5 million km (932,000 mi.). Inceptio Technology raised $120 million in November 2020. JD Logistics, Meituan, and PAG jointly led its Series B round. Deppon Express, IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds also participated in the investment, and existing shareholders GLP Hidden Hill Capital, CATL, NIO Capital and Eastern Bell Capital actively followed. The company said its autonomous driving freight network has been embraced by a number of top-tier shippers and fleets in…
