Deep Robotics raises $70M to boost robotics innovation

by Lester White

Key Takeaways

  • Deep Robotics secured $70 million in unusual funding to reach its robotics technology.
  • Investor curiosity and capital sail with the flow within the robotics sector are rising impulsively.

Hangzhou-basically based fully mostly Deep Robotics has secured $70 million in unusual funding from investors, including CMB World, China Asset Management, and telecom-backed funds, in step with the South China Morning Post.

The firm plans to exhaust the capital for R&D and skill recruitment as it advances its quadruped and humanoid robotic applied sciences amid sturdy investor curiosity in China’s robotics alternate.

Deep Robotics is known for pioneering China’s first fully self sustaining substation inspection the exhaust of quadruped robots. Their robots were deployed within the Asian Video games underground tunnels in Hangzhou.

The firm maintains lengthy-term collaborations with Narrate Grid Company of China, China Southern Power Grid, Baosteel, and Fluke, validating their tech for vital infrastructures delight in vitality grids and steel production.

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