News Snapshot:
On Tuesday, MaxRock Robot AI Technology (Beijing) Co., Ltd. announced its completion of an angel round and Pre-A round of financing , amounting to a total of nearly 100 million yuan ($15.78 million). The lead investor in the second round was Glory Ventures, alongside co-investors including Oriza Holdings, Milestone Investment, Y&R Capital and Scale Partners. The funds are to be implemented for R&D, production and team building for the next stage. MaxRock Robot was established in June 2021. It is currently engaged in the R&D of an intelligent cleaning robot called “Aurora No. 1.” This robot primarily serves for the...
