Shanghai-Based Robot Developer Jaka Robotics Closes $46 Million Funding Round


Source: southafricatoday.net

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Home Financial Shanghai-Based Robot Developer Jaka Robotics Closes $46 Million Funding Round Shanghai-Based Robot Developer Jaka Robotics Closes $46 Million Funding Round January 20, 2021 Shanghai-based collaborative robot maker Jaka Robotics has raised more than 300 million yuan ($46 million) in its series C funding round, as China strives to boost smart manufacturing in various sectors amid a tech race with the U.S. Jaka will use the capital raised from the round, which was led by CITIC Private Equity Funds Management and State Development & Investment Corp., to upgrade its products, improve its customer service system and accelerate its global...