Insider Brief
- Robotera raised about $143M USD in a new funding round, valuing the company above $1.5B USD as it scales humanoid and logistics robot deployment.
- The round included investors such as Gaocheng Capital, Singtel Innov8 and Woori Venture Partners, with existing backers increasing their stakes.
- Robotera reported more than $72.7M USD in cumulative orders and is developing in-house robotics hardware as it expands across logistics and manufacturing applications.
Chinese robotics firm Robotera announced it has raised about USD$143 million in a new funding round, pushing its valuation above USD$1.5 billion as it scales commercial deployment of humanoid and logistics robots.
According to Robotera, the round included participation from investors such as Gaocheng Capital, Singtel Innov8, Woori Venture Partners, CICC Porsche Fund, China Fortune-Tech Capital, Fenghe Capital, Wuxi Capital, GF QIANHE, Horizon Investment and a South Korean technology company, with existing backers CDH Venture and Growth Capital and Tsinghua Holding Tiancheng Asset Management increasing their stakes.
Robotera said it has more than USD$72.7 million in cumulative orders, with about half from international customers, including large technology companies placing repeat orders. Its systems are being deployed in logistics operations across multiple Chinese cities.
The latest funding is expected to support product development and scaling as Robotera pushes further into industrial deployment and international markets. The company said it develops hardware in-house, including motors, joint modules and dexterous robotic hands, and is expanding into applications across logistics, manufacturing and related sectors.
The round drew a mix of domestic and international investors across technology, automotive and industrial sectors, coming just two months after its previous raise, the company noted. The company noted the investor base includes domestic companies such as Geely Capital, Alibaba, Lenovo, Haier Capital, BAIC and Golden Resources Group, along with international backers including Singtel Innov8, Woori Capital and a South Korean technology company, spanning a range of industrial sectors.
Image credit: Robotera