[FUNDING NEWS] Robotics Startup Youibot Robotics Secures Series C Funding

The investor was advised on the transaction by Anhui Jun Xian Law Firm. Hefei Dongcheng Industry Investment participated in the round.

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In May, the firm entered into a contract with a county government in Hefei, promising to relocate its headquarters and establish five new centers in the city for R&D, production, product creation, engineering, and marketing, in that order.

Intelligent production, intelligent inspection, and intelligent maintenance are just a few of the solutions and products that Youibot Robotics is dedicated to offering to the entire industry.

In December 2021, Youibot closed a Series B financing for more than 300 million yuan, or $41.3 million. The prior deal was headed by FG Venture and Kingray Capital, with participation from IDG Capital, SoftBank Ventures Asia (formerly known as SBVA), Green Pine Capital Partners, and others.

About Youibot Robotics

Youibot Robotics is a cutting-edge high-tech corporation that specializes in robot production and research & development.