Atomrobot Completes B1 Round of Financing of CNY Tens of Millions
Atomrobot announced the completion of B1 round of financing of tens of millions of yuan.
On Mar 1st, 2019, Atomrobot (地平线机器人) announced that it has completed the B1 round of financing of CNY tens of millions. The transaction was led by Ruiya Capital, and Huaxing Alpha(华兴Alpha) was the exclusive financial advisor. It is reported that the new round of financing is mainly used for the expansion of business scale and production R&D, including the construction of a new factory building of 7,000 square meters which capacity is expected to be 5,000 unit per year.
Founded in 2013 by the technological team from Tianjin University and Beihang University, Atomrobot is an industrial robot manufacturer and a solution provider for the system of supporting production line. Atmorobot focuses on the researches and studies about the core technologies including the Optimization Design of the Parallel bodies, the Precision Design, Machine Vision, Error Compensation and Kinematic Calibration.
Comparing with Tandem Robot, the parallel one is a relative new type which invented later and has little applications. The parallel robots come to Chinese market 5-6 years ago. SONG Tao(宋涛), the CEO of Atomrobot, while interviewed by EqualOcean, says that “the most important qualities of parallel robot are speed and precision. The robot is made up with 5 parts: body, electrical machine, visual system, reducer, con
According to SONG Tao, there are about 100 employees in Atomrobot with more than 50% people are R&D related ones. Based on its development on software system and accumulation of related talents, Atomrobot achieved the cover of the whole production line of parallel robot. The production line is based on 3 series, “Delta Plus”, “Diamond” and “Cross “while covering 3 different degrees of freedom:2,3,4. What’s more, the working space of the production line would be 500mm-1500mm.
Since its inception, Atomrobot has served more than 300 customers including Mengniu, New Hope Dairy Industry, and the Fourth Medicine Factory of Shijiazhuang. Atomrobot mainly focus on industries like 3C, food and medicine making, and expands the market by providing integration solutions or selling robots to integrators. Currently, Atomrobot is actively expanding its overseas market and the target of the shipments of Atomrobt in this year is 1,000 units.
Prof. WANG Tianmiao(王田苗)， who is the chief expert consultant of Yarui Capital and professor of Beihang University, said that “Everybody could see the technology base and R&D strength of Atomrobot. Prof. HUANG Tian (黄田)， the academic leader of Atomrobot, has a great reputation in this field. What’s more, with an accumulation from several years, Atomrobot developed the control system independently, and applicated the visual algorithm of AI into the system to guarantee the speed and efficiency of its products.”