# Suzhou AGV Robot Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-agv-robot-co

- Industry: Industrial Machinery
- Headquarters: Suzhou, China
- Website: www.agvsz.com
- Latest round: Series A (Sep 17, 2021)
- Investors on record: 4

## About

Established in 2011, and based in Suzhou, China, Suzhou AGV Robot Co Ltd is a robot company that designs and manufactures automated guided vehicle (AGV) and provides smart logistic related systems. It has 130 patents, including 28 national invention patents. And it served more than 300 clients. In 2013, t developed reflectorless laser autonomous navigation technology. And in 2016, it developed intelligent logistics supporting systems. In June 2023, Suzhou AGV Robot Co Ltd raised approximately CNY 100 million in strategic investment from new investor Tianmen Xingsheng Investment Consultancy. 

Its products can be divided into reflectorless laser forklift AGV, reflectorless laser trolley AGV, and intelligent logistics management systems. The reflectorless laser forklift AGV includes stacking forklift AGV, high lift truck AGV, and handling forklift AGV. The reflectorless laser trolley AGV includes submerged jack-up AGV, and piggyback AGV. And the intelligent logistics management systems include dispatch system AGVS, warehouse management system WMS, warehouse control system WCS. Those products can be used in the fields of tyres, clothes, electronics, paper, medical, and machinery. 

The company will use the strategic investment financing in July 2023 for Tianmen factory, Wuhan R&D center, and expansion of market share in Central China, and Southwest region.

## Funding rounds

- Series A, Sep 17, 2021 — China Fortune Securities, Zhongxin Capital
- Series B, Jun 24, 2020 — Lenovo Capital and Incubator Group, Suzhou Technology Innovation Venture Capital

## Investors

- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series B
- Suzhou Technology Innovation Venture Capital — Series B
- China Fortune Securities — Series A
- Zhongxin Capital — Series A