Deep Robotics raises $70M to boost robotics innovation

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Source: CryptoBriefing Original Title: Deep Robotics raises $70M to boost robotics innovation Original Link: https://cryptobriefing.com/deep-robotics-innovation-funding/

Key Takeaways

  • Deep Robotics secured $70 million in new funding to advance its robotics technology.
  • Investor interest and capital flow in the robotics sector are rising rapidly.

Hangzhou-based Deep Robotics has secured $70 million in fresh funding from investors, including CMB International, China Asset Management, and telecom-backed funds.

The company plans to use the capital for R&D and talent recruitment as it advances its quadruped and humanoid robot technologies amid strong investor interest in the robotics industry.

Deep Robotics is known for pioneering China’s first fully autonomous substation inspection using quadruped robots. Their robots have been deployed in underground tunnels.

The company maintains long-term collaborations with State Grid Corporation of China, China Southern Power Grid, Baosteel, and other major partners, validating their tech for critical infrastructures like power grids and steel production.

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ImpermanentTherapistvip
· 7h ago
70 million smashed in, just for robots? When will Web3 start to roll up hardware...
View OriginalReply0
SerumSquirtervip
· 7h ago
$70 million to smash robots? At this time, no one cares about the blockchain, right?
View OriginalReply0
FlippedSignalvip
· 7h ago
Another big financing... This time it was the turn of the robot, and the 70 million dollar knife was smashed in like this, but then again, it is really hard to say what this thing will end up like
View OriginalReply0
Degentlemanvip
· 8h ago
The robot track is attracting gold again, 70 million dollars is not a small amount... But to be honest, how many of this can be landed in the end?
View OriginalReply0
StablecoinEnjoyervip
· 8h ago
70 million? This financing scale is really a real deal... This wave of robot tracks is indeed up
View OriginalReply0
DAOdreamervip
· 8h ago
The robot track is so popular... 70M financing is not excessive, you have to really make something
View OriginalReply0
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