MegaRobo Technologies Ltd. a Beijing, China-based has announced that it has closed a ~US$300 million Series C financing.
The round was led by Goldman Sachs Asset Management, Asia Investment Capital, and GGV Capital, and co-invested by Sinovation Ventures (existing shareholder), Pavilion Capital, Starr Capital, U-Member Capital, RedView Capital, Harvest Capital, and Taihe Capital.
The proceeds will help MegaRobo continue its R&D investment, capacity increase, and global expansion.
Company: MegaRobo Technologies Co., Ltd.
Raised: $300.0M
Round: Series C
Funding Month: June 2022
Lead Investors: Goldman Sachs Asset Management, Asia Investment Capital, and GGV Capital
Additional Investors: Sinovation Ventures, Pavilion Capital, Starr Capital, U-Member Capital, RedView Capital, Harvest Capital, and Taihe Capital.
Company Website: https://www.megarobo.tech/
Software Category: Automated Experimental Platform
About the Company Founded in 2016, MegaRobo is a national high-tech enterprise, headquartered in Beijing, with branches in Shenzhen, Shanghai, and Suzhou; the team size is over 300 persons, with R&D personnel accounting for 60%. Focusing on R&D and the application of robot and intelligent Internet of things, MegaRobo has a number of core technologies that are competitive in the world and has applied for over 200 invention patents, which have passed the IOS9001 Quality Management System Certification. Based in China and facing the world, MegaRobo unremittingly provides industry-leading, efficient, and reliable automation solutions for the life sciences, smart retail, and lightweight manufacturing.
Source: https://www.prnewswire.com/news-releases/megarobo-technologies-completed-us300mm-series-c-financing-led-by-goldman-sachs-asset-management-asia-investment-capital-and-ggv-capital-301568609.html