Juxie Intelligent raises over ¥100 million for robot joint modules
Huatai Zijin led the Series A+ with industrial and robotics investors.
Juxie Intelligent completed financing exceeding ¥100 million, first reported on September 30 and subsequently confirmed as a Series A+ in its October company announcement. Johnson Electric, Ninebot Capital, X Square Robot, Ecovacs and Nanjing Innovation Investment Group participated.
The funds support component research, integrated joint design and automated manufacturing. The Wuxi company is building capacity to supply compact robot joints at larger volumes.
Use of funds
Robot-joint component R&D
Automated manufacturing
Production capacity