Multiway Robotics’ A2-Round Financing Breaks 100M Yuan
Multiway Robotics (Shenzhen) Company, an intelligent intralogistics solutions provider in China, announced on Thursday that it has obtained over 100 million yuan ($15.8 million) in an A2 round of financing. The lead investor was China Creation Ventures (CCV) and the exclusive financial adviser was Leap Capital. The funds are to be used for product research and development, team building, business development and other purposes.
Multiway Robotics was founded in 2019, and is headquartered in Shenzhen, China. It has set up offices in several regions across mainland China and has established overseas operations centers, sales businesses and services with worldwide coverage.
Multiway Robotics has been focusing on advanced robots and AI, and provides customers with total intelligent logistics solutions.
It now offers hardware products including various unmanned forklifts, AMR, unmanned tractors and storage robots, and software systems including Multiway Cloud, WMS, WCS, Multiway Vision System (flexible solution for visual empowerment), and others.
Multiway Robotics has applied for over 250 patented technologies, and has implemented more than 300 projects. It provides solutions for more than 200 customers across over 20 industries.
SEE ALSO: Intelligent Driving Firm MINIEYE Completes D2-Round Financing
In the next step, a key employee said that Multiway Robotics will continue its technical cultivation, product polishing and intensive application of logistics scenarios. Also, it will step up efforts in market development, build a service system that covers the whole life cycle of customers, delivers at high speed and responds quickly, building up its core competitiveness to effectively respond to the increasingly complex and competitive industry environment and meet the diversified needs of customers in all aspects and address various practical problems.