Rochu Robotics, a developer of soft robot terminal manipulators, announced on Monday it has secured tens of millions of yuan in a pre-A round of financing, featuring co-investment by Plum Ventures and Strategy Capital, with Scheme Capital acting as the exclusive financial advisor.
Based in China’s eastern city of Suzhou, Rochu Robotics is a high-tech enterprise that focuses on flexible robotics and is committed to providing flexible gripper solutions for industrial automation. Its main products are flexible touch grippers and their actuators, which have been applied in many fields such as 3C electronics, food, auto parts, garment manufacturing, medical devices, robotic education, packaging and logistics.
Robot end-effectors belong to the upstream segment of the robot chain. The use of flexible grippers can overcome restrictions to imitate the human hand. They are more inclusive and lighter for grasping objects, and more applicable to 3C electronic parts, glass surfaces or food and other mass grasping objects that are easily damaged or scratched.
In terms of mass production, Rochu Robotics has a standard factory covering over 3,000 square meters, and its self-developed flexible robot end effector production line has achieved mass production and delivery. Its self-developed digital management system oversees the whole process and can flexibly respond to the customized needs of customers.
Funds from this round of financing will reportedly be used to further promote the R&D of a new series of products, increase production capacity, and promote the application of flexible end effectors to more scenarios.