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…to major automakers. Electronics vendor Xiaomi Corp. today announced its financial results and said it has acquired autonomous vehicle company Deep Motion Technology on Aug. 25. Beijing-based Xiaomi starting to diversify into automotive technologies. Founded in 2010, Xiaomi manufactures consumer electronics and claimed that it was the No. 2 company in global smartphone market share in the second quarter of…
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…provider Meituan and smartphone maker Xiaomi and also participated, as did Citic Private Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners,…
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…its humanoid robot. In August, Xiaomi showed off its humanoid, CyberOne. Some companies are farther along than other. Boston Dynamics' Atlas can do parkour tricks and dance, while Tesla's and Xiaomi's robots were demoed just walking across a stage. It's a market worth paying attention to as developments in the space continue. The main draw of humanoids is that they…
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…but also operational support. 5Y Capital's investment portfolio includes Ctrip.com, YY, Xiaomi Corp., Kingsoft Office, Agora, Xiaopeng Motors, Kuaishou, We Doctor Group, SenseTime, and Pony.ai.
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…to Crunchbase. Smartphone maker Hubei Xiaomi Chanjiang Industrial Investment Fund Management, which recently entered the electric vehicle market, led the Series D3 round. Cowin Capital and Goayuan Capital led the Series D2 round, and Denso Corp. led the first tranche. Other investors included Legend Capital and Qualcomm Ventures. There could be as many as 8 million driverless cars on the…
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…well as strategic investors including Xiaomi Group, Foxconn Industrial Internet, and Midas. Agile Robots claimed to be the robotics company with highest total financing amount in 2020. With the completion of this financing round, Agile Robots said it will be the first intelligent robotics company in China to receive investment from SoftBank Vision Fund 2 (SVF 2). SoftBank Group added…
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…including Beyond Imagination Inc., Figure, Xiaomi, and Engineered Arts. We also can’t forget about Boston Dynamics’ Atlas or Agility Robotics’ Digit. That’s just scratching the service of the developments going on in the humanoid space, a global market that is estimated to reach sales of $17.32 billion by 2028, according to SkyQuest Technology Consulting. What are the best uses for…
GENISOM AI makes ICRA debut at conference in Vienna
World's first omni-modal evaluation including tactile sensing for…
North America’s largest robotics and automation event winds down
Automate’s largest day ever draws huge crowds to McCormick Place
