Recently, Beijing Tianxiaxian Zhichuang Robot Technology Co., Ltd., known as Tiangong Robot, made an announcement stating that it has successfully secured financing amounting to hundreds of millions of yuan. Chuxin Fund took the lead in this round of financing, with Matrix Partners China, Hefei State-owned Assets, and several other institutions also joining in. The proceeds from this financing will be predominantly allocated towards scaling up the mass production of sorting robots. Additionally, the funds will support the research, development, and commercialization efforts for humanoid-based sorting robots. Furthermore, there are plans to utilize the financing for expanding business operations in overseas markets.
