Forwardx Robotics

Industrial MachinerySeries CBeijing, Chinaforwardx.com

Latest round

Series C

Last raised

Jul 2023

Total raised

$108M

Investors

13

About Forwardx Robotics

Founded in 2016 and based in Beijing, China, Forwardx Robotics, Inc. is a technology company that focused on the application of artificial intelligence to intelligent robots. The company's team over 300 people, including 120 R&D (research and development) engineers. It mainly provides robotic handling and picking solutions for manufacturing and warehousing industries. Forwardx has applied for more than 200 patents. The company's solutions are adopted by many fortune 500 enterprises, including logistics provider SF DHL Supply Chain China, Japan’s apparel retailer ITOCHU and televisions provider TCL. The company's main products are autonomous mobile robots and intelligent fleet management software. Users can control the flow of goods in the facility and capture and take advantage of performance data at every step of the process through intelligent fleet management software. The company's revenue comes from sales of autonomous mobile robots. In 2020, the company's orders over RMB 100 million.

Who invested in Forwardx Robotics

13 investors across 7 rounds

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Funding rounds

  1. Series C

    Jul 12, 2023

    Amount

    $28M

    Investors

    Locked

  2. Series C

    Dec 14, 2021

    Amount

    $31M

    Investors

    Locked

  3. Series B

    Apr 2, 2020

    Amount

    $14M

    Investors

    Locked

  4. Series B

    Mar 21, 2019

    Amount

    $15M

    Investors

    Locked

  5. Series A

    May 29, 2018

    Amount

    $10M

    Investors

    Locked

  6. Series A

    Sep 1, 2017

    Amount

    $10M

    Investors

    Locked

  7. Angel

    Jan 1, 2017

    Amount

    $0.4M

    Investors

    Locked

Questions about Forwardx Robotics

Who invested in Forwardx Robotics?

Forwardx Robotics has 13 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Forwardx Robotics raised?

Forwardx Robotics has raised 7 venture rounds. Sign up free to see how much each round raised and the total.

When did Forwardx Robotics last raise money?

Forwardx Robotics's most recent round on record is a Series C, in Jul 2023.

What does Forwardx Robotics do?

Founded in 2016 and based in Beijing, China, Forwardx Robotics, Inc.

Where is Forwardx Robotics headquartered?

Forwardx Robotics is headquartered in Beijing, China.

Which VCs invest in companies like Forwardx Robotics?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back industrial machinery companies at Forwardx Robotics's stage. Their profiles are linked below.

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