A Flexiv representative confirmed that the business sealed a Series B financing round with an asset of well almost $100 million. As per the company, the latest money invested elevates it to the status of a unicorn venture.
Flexiv Ltd. is an international figurehead in general-purpose automation, specializing in the development and manufacturing of intuitive androids with industrial-grade control strategies, data analysis, and cognitive technologies. Buyers across numerous disciplines profit from the company’s inventive, fully managed alternatives and services centered on Flexiv robotic systems.
Chinese on-demand assistance corporation Meituan, Gaorong Capital, Meta Capital, New Hope Organization Co. Ltd., Yunfeng Capital, GSR Ventures Management Co. Ltd Plug & Play Ventures, and Hanhai Plug and Play China were among those who were involved in the round. The latest money invested, which brings Flexiv’s total funds generated to more than $120 million, will help the company incorporate artificial intelligence in agricultural production, logistic support, and medical treatment.
Flexiv Overview
Shiquan Wang, the pioneer of Flexiv, officially established the corporation in 2016. The company’s headquarters are in the Bay Area of San Francisco on the West Coast of the United States. The corporation is still in business, and its most recent round of funding was a Series B round. Flexiv Ltd. is the company’s legal name, and it is a for-profit institution. The firm specializes in robotics and artificial intelligence research.
Flexiv NOEMA
Flexiv’s NOEMA is a general-purpose Intelligent system with an overall advanced robotic central nervous system that is cloud-edge-end adjusted for all businesses. AI algorithms and possible solutions can be created and utilized based on Noema’s full perspective potential (vision, compel, tactics, etc.). Simple execution of complex force control systems. User-friendly pictorial layout, and novel human functionality. WLAN connectivity as well as the one-to-many configuration are assisted. Run the robotic programme and keep an eye on the robot’s condition in real-time. Completion of technical information to aid in development. Ethernet interaction, as well as C++/Python, are supported.
Previous Financials
Flexiv has received $196.5 million in financing over four rounds. Their most recent financing came from a Series B round on June 29, 2022. Flexiv is backed by ten investors. The most notable shareholders are YF Capital and Meta Capital.
Conclusion
Flexiv Ltd. is an international figurehead in general-purpose automation, specializing in the development and manufacturing of intuitive androids with industrial-grade control strategies, data analysis, and cognitive technologies. The company recently secured a Series B financing round with an asset of well almost $100 million.
FAQS
Ans. Flexiv is headquartered in Santa Clara, California, USA.
Ans. YF Capital and Meta Capital are two of the ten shareholders in Flexiv.
Ans. Flexiv has picked up $196.5 million.
Ans. Flexiv sealed its last financing round, a Series B round, on June 29, 2022.
Ans. Argo AI, RightHand Robotic Systems, and Blendid are strong competitors and alternative solutions to Flexiv.
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