Tsinghua-backed Rokae is working on lightweight robots with a wide range of applications and has now raised $43.5m altogether.
Rokae, a China-based industrial robot company backed by Tsinghua University’s investment arm THG Ventures, has closed an RMB100m ($14.5m) series C1 round from Xianghe Capital, China Money Network reported on Wednesday.
Founded in 2015, Rokae builds lightweight, collaborative and flexible robots called xMate for use in settings such as automotive parts manufacturing, electronics production, precision engineering and healthcare.
The investment will allow Rokae to accelerate technology development and strengthen xMate’s market position in a range of industries, including…
