Lenovo Leads Funding in Industrial Robot Developer YangTian
iYiou, 8/16/17
Tianjin-based industrial robot developer YangTian Technology (YangTian TEC) has completed RMB 50 mln in pre-Series A funding led by Chinese consumer electronics manufacturer Lenovo (0992.HK), and with participation from previous angel round investors GSR United Capital and Yinxinggu Investment.
Established in December 2015, YangTian TEC's main products are the Bu Rui and Tricept robot series.
The Bu Rui model is a light, collaborative robot that can lift up to three times its own weight, and has wrist joints that can rotate 360 degrees, with additional tip joints that have unlimited rotation range. The robots are equipped with internal sensors and vision systems, can memorize routes, and can autonomously plan their own tasks. The robots are primarily used in areas such as electronics, food, machinery, medicine, military, and the auto industry for tasks such as transport, assembly, polishing, gluing, monitoring, and screw tightening.
The Tricept robot is a 5 Degree of Freedom (DOF) robotic arm that can be used for high-speed aircraft component and automobile panel production in addition to other uses such as work requiring lasers.
Keywords: YangTian Technology funding angel funding M&A VC Lenovo 0992.HK robot GSR United Yinxinggu
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