China's RoboScience Completes Pre-A Round Financing
RoboScience, a leading robotics and AI technology firm in China, has announced the completion of its Pre-A round financing, raising several hundreds of millions in yuan.
The round was led by Puhua Capital, with participation from Fortune Venture Capital, Long Capital, Hong Kong Huike Innovation, and Tianqi Capital. Existing investors, including China Merchants Venture Capital and Zero-One Venture Capital, also increased their stakes in this funding round.
The company has appointed Huaxing Capital as the exclusive financial advisor for this financing deal.
RoboScience’s latest fundraising will support its continued expansion in the robotics industry, with plans to enhance its research and development capabilities, accelerate product commercialization, and scale its operations. The funds will also help the company strengthen its position in key markets such as AI-driven automation and advanced manufacturing.
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