Flexiv Ltd., an international company for general-purpose robots, has closed a Series B round of funding in excess of 100 million USD.
Meituan and Meta Capital are backers. Longwood and GSR Ventures are also backers.
The company is planning to utilize the funds for marketing and mass production and new market development and R&D.
Shiquan Wang is the co-founder, CEO and co-founder of the company. Flexiv Ltd. is an international robotics company that creates robots inspired and applied AI technology to all industries. The company’s four-year history has seen the completion of its hardware and software product development and more than 100 patents have been filed. This confirms its business model.
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Flexiv was founded in 2016 with offices in Silicon Valley and Shenzhen.