FJDynamics Announces Completion of Series A Financing

In December 2020, FJDynamics announced that it has completed a Series A financing of hundreds of millions of Yuan led by Tencent, which will be mainly used for core technology research and commercialization. In May this year, the company announced it had received over CNY 100 million of series A1 from Greater Bay Area Homeland Investments. Prior to this, it has been invested by Dongfeng Motor and New China Life and obtains the strategic resource support of these shareholders.

 Founded in 2017, the company mainly provides intelligent and digital solutions for agriculture, with business segments including farming, animal husbandry, and agricultural robots. Among them, the agricultural robot involves four links: farming, planting, management, and harvesting. FJDynamics is developing solutions for whole process unmanned agricultural machinery. At present, its business model is mainly based on leasing and sales. The company has markets in Xinjiang, Hubei, Jiangsu, and Northeast China and has entered overseas markets such as Europe and Japan.