# Tianjin Lonyu Robotics Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tianjin-lonyu-robotics-co

- Industry: Industrial Machinery
- Headquarters: Tianjin, China
- Website: www.agv100.com
- Total disclosed funding: $1.6M
- Latest round: Series A (Apr 2, 2024)
- Investors on record: 3

## About

Established in 2008 and based in Tianjin, China, Tianjin Lonyu Robotics Co., Ltd. operates as a high-end heavy-duty AGV product developer, providing customers with heavy-duty intelligent logistics management system. The company covers an area of 8,000 square meters, and has reached a cooperative relationship with GuangPharma Group, HaPharma Group and other enterprises. Lonyu Robotics has more than 50 patents in the fields of heavy-duty AGVs. The founder as well as the CEO, Zhiyong Ren, worked at Tian Jin Aviation-Mechanical CO.LTD. In April 2024, the firm closed a series A+ funding.

The company's products are mainly heavy-duty AGVs, supplemented by AGV+ non-standard equipment and AGVS-level Internet of Things, the main AGV products include 30-ton back-lift heavy-duty AGV, 70-ton dual-vehicle linked back-lift AGV, cast automatic transfer system. Its customers cover many fields such as aviation, aerospace, military, and high speed rail.

The company’s revenue is generated by providing heavy-duty AGV products.

The company will use the series A+ funding for production capacity and market expansion.

## Funding rounds

- Series A, Apr 2, 2024 — CRRC Guochuang Capital Management, Jiangsu Tong Hui Venture Capital
- Series A, Oct 13, 2022 — Dynamic Capital
- Angel, Apr 13, 2022, $1.6M — Dynamic Capital

## Investors

- Dynamic Capital (https://capitalatlas.ai/funds/dynamic-capital) — Angel, Series A
- CRRC Guochuang Capital Management (https://capitalatlas.ai/funds/crrc-guochuang-capital-management) — Series A
- Jiangsu Tong Hui Venture Capital (https://capitalatlas.ai/funds/jiangsu-tong-hui-venture-capital) — Series A