
Chinese robotics developer secures $15m Series A
Hangzhou Guochen Robotic Technology, a Chinese company that manufactures intelligent service robots and incubates start-ups in this field, has raised RMB100 million ($15 million) in a Series A round led by domestic VC firm Yingshi Jijin.
Other participants include Hongcheng Capital. Guochen raised an angel round of undisclosed size from GSR Ventures in 2015. Guochen’s self-developed products include surveillance security robots used...
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