Commercial Service Robot Company Uditech Completes C2 Round of Financing

Commercial Service Robot Company Uditech Completes C2 Round of Financing

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( Source: Pandaily)

Uditech, a worldwide business service robotic provider, revealed on Monday that it had actually finished a brand-new round of funding

This round was collectively led by Chengding Fund and Yunfeng Fund under Shanghai Municipal Investment (Group) Corporation and was followed by Xinshang Capital, 58 Industry Fund and Guanda Group under Wuxi Xincheng Group, in addition to some old investors who made extra financial investments. After getting its C1 round of funding in June of this year, Uditech acquired favor in the capital market once again and has actually now won overall funding of 500 million yuan ($777 million) in simply 4 months.

Gu Zhenjiang, President of Uditech, stated that thanks to this round of funding, the company will have the ability to establish its research study and advancement capabilities, boost production capability, and enhance total sales and service abilities. They will keep boosting Uditech items’ flexibility for multi-scenario applications, and supply trustworthy and steady robotic general services for international clients.

Founded in March 2013, Uditech is an industrial service robotic business committed to offering reputable and steady robotic services for clients all over the world. Its robotic items are offered for different indoor and outside scenes such as entertainment locations, dining establishments, hotels, downtown and neighborhoods.

SEE ALSO: Alibaba’s Self-driving Robots Deliver Over One Million Orders

In regards to deliveries and existing advancement objectives, Uditech has actually delivered more than 10,000 systems used to indoor scenes and strategies to deliver over 1,000 systems used to outside scenes within one year. When it comes to company development, its deliveries and earnings in the very first half of 2021 have actually increased by 9-10 times compared to that of the very same duration of 2020.

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