# HIT Robot Group (HRG)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hit-robot-group-hrg

- Industry: Industrial Machinery
- Headquarters: Hefei, China
- Website: www.hrgly.com
- Total disclosed funding: $6.9M
- Latest round: Series A (Oct 26, 2022)
- Investors on record: 3

## About

Founded in 2017 and based in Hefei, China, HIT Robot Group (HRG) is a smart equipment company that focuses on the development of robotic material handling system and rear packaging automation equipment. Company base covers an area of 500 mu, workshop 200,000 square meters, office area 60,000 square meters. It has partnered with companies such as Pfizer, Astrazeneca, Yangzijiang and Shandong Qilu.

The main products of the company include pallet packing machine, aluminum-plastic blister packing machine, automatic film baling machine and automatic packing machine. Its products are used in medicine, food, daily chemical, grain and oil, chemical, feed and other industries.

## Funding rounds

- Series A, Oct 26, 2022, $6.9M — Yonghua Capital, Bloomage Biotechnology Corporation, Huoyan Capital

## Investors

- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series A
- Bloomage Biotechnology Corporation — Series A
- Huoyan Capital (https://capitalatlas.ai/funds/huoyan-capital) — Series A