Beijing Robotics Startup Gains US$6 Million Investment
by
, 10-30-2016 at 02:23 AM (1121 Views)
The maker of an all-terrain robot that mimics the movements of a spider has closed a US$6 million series A financing round in Beijing.
GGV Capital led the series A financing round in Vincross, a Beijing-based robotics start-up, ahead of the company's launch of its first product, an all-terrain six-legged robot spider called HEXA.
Existing investor Zhen Fund also participated in the round, which the company says it will use for recruitment and research.
Vincross's founder and CEO, Sun Tianqi, has extensive experience in robotics and artificial intelligence. Before starting Vincross, Tianqi worked as an AI scientist at Tsinghua University, where he conducted research on neural modeling and neural networks. And he previously worked at Microsoft Research Asia.
more...