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On April 1st, Xianglu Robot, a company specializing in catering service robots, made an announcement regarding the successful completion of a funding round, raising a substantial 300 million yuan. This significant funding initiative was spearheaded by the industrial upgrading fund under the management of E-Town Capital. Notably, Amber Capital, Jiuan Capital, and Haitang Capital also contributed to this round. Prior to this, Xianglu had already garnered investments from esteemed institutions, including Source Code Capital, IDG Capital, Tencent, and JD.com. The fresh influx of funds will be strategically allocated towards the research and development of AI cooking robot technology, as well as facilitating further market expansion for the company.
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