News Snapshot:
Hai Robotics, a China-based warehouse robotics start-up that develops autonomous, case-handling robotic (ACR) system, has secured a funding of US $ 200 million from two separate equity rounds – Series C and Series D. Series C funding was led by 5Y Capital, with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital, while the Series D round was led by Capital Today along with existing investors including Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star and 01VC. It’s worth recalling here that Hai Robotics was a key technology supplier in setting up Alibaba’s...
