Robot Firm Uditech Announces USD 200 Mn C2 Round

Technology Author: 王旭琛 Oct 18, 2021 04:03 PM (GMT+8)

The shipment volume and revenue of the robot maker in the first half of 2021 increased by 9-10 times compared with the same period last year.

Jianjiao Technology

The round was jointly led by Ding Xheng Fund and YF Capital under Shanghai urban investment.

According to Gu Zhenjiang, President of Uditech, this round of financing will be used to expand the company's own R&D capacity, improve production capacity, improve the overall sales and service capacity, continue to increase the layout of multi-scenario applications and provide reliable and stable overall robot solutions for global customers.

  According to data acquired by EqualOcean, since obtaining tens of millions of a-round financing in 2016, the firm has completed six rounds of financing, including three B-rounds in 2018, 2019 and 2020, with a total amount of more than CNY 100 million; two rounds worth hundreds of millions of yuan followed in 2021.  

Uditech in terms of indoor scenes, the idea of business development is to provide robot labor in hotels and entertainment markets to meet the real-time distribution needs of hotel supplies, drinks and food. As for outdoor scenarios, the idea is to combine with the express and takeout industry to meet the end distribution demand of the last three kilometers.