Flexiv Ltd. is a worldwide powerhouse in general-purpose robotics, specializing in the development and production of adaptive automatons that incorporate industrial-grade control methods, computer vision, and Intelligent systems. Customers in a wide range of industry sectors benefit from the company’s innovative fully managed solutions and offerings centered on Flexiv robotic systems.
Recent News
Chinese enterprise equity organization Meta Capital, major Chinese agrarian business New Hope Group, investment company Longwood, Jack Ma’s YF Capital, prominent Chinese investment companies Gaorong Capital and GSR Ventures, as well as Plug and Play’s China and US endeavors, are also major investors in the strategic round. The new session brings the startup’s total capital raised to more than $120 million. It intends to generate revenue by selling robots, licensing software, and offering after-sales facilities.
About Flexiv
Flexiv was originally established in 2016 by Shiquan Wang. The business’s main offices are in the San Francisco Bay Area, West Coast, and Western US. The company is still in operation, and its most recent round of financing was Series B. The corporation’s lawful title is Flexiv Ltd., and its type of business entity is for profit. The company focuses on artificial intelligence and robotics.
Adaptive Robots
Flexiv’s adaptive robot adjusts to unknowables while streamlining difficult tasks by combining industrial-grade control methods and AI-powered computer vision technologies. Ability to complete tasks despite stance ambiguity. (For example, workpiece manufacturing or mounting sensitivity, cumulative stance error in a manufacturing line.) Ability to maintain effectiveness despite significant environmental changes. (For example, a hanging base, motion, or human interference). Can handle a broad range of related tasks and allows for rapid realignment to new tasks. Reduce the initial mechanization asset, deployment costs, and maintenance costs. Enhance the production line’s overarching success rate, switchover effectiveness, and device reusable rate.
Previous Funding and Financials
Flexiv has received $196.5 million in financing over four rounds. Their most recent funding came from a Series B round on June 29, 2022. Flexiv is backed by ten shareholders. The most subsequent venture capitalists are YF Capital and Meta Capital.
Conclusion
Flexiv raised more than $100 million in a Series B round spearheaded by China’s on-demand assistance juggernaut Meituan. Customers in a wide range of industry sectors benefit from the company’s innovative fully managed solutions and offerings centered on Flexiv robotic systems.
FAQs
Ans. Flexiv was originally established in 2016 by Shiquan Wang.
Ans. Flexiv garnered $1.5 million in series A financing from the Zhen Fund.
Ans. Flexiv received series B funding from eight shareholders.
Ans. Flexiv had become unicorn in 2020.
Ans. Flexiv has initiated NOEMA, a general-purpose AI cyborg.
