UFACTORY
Latest round
- Series A
Last raised
- Apr 2016
Total raised
- Undisclosed
Investors
- 3
About UFACTORY
Founded in 2013 and headquartered in Shenzhen, China, UFACTORY specializes in robotic solutions for automation.8% stake. Founder Sean Gordon has a rich background in technology entrepreneurship, having been involved in various ventures prior to establishing UFACTORY. UFactory specializes in the development and manufacturing of multi-axis robotic arms designed for industrial automation. Their core offerings include a range of collaborative robots (cobots) such as the xArm, which balances power and size, with payload capacities ranging from 600 grams to 5 kilograms, and reaches varying from 440 mm to 850 mm. These robots are designed for diverse applications, particularly in manufacturing, logistics, and laboratory settings, offering solutions for tasks such as pick-and-place, assembly, and order fulfillment. The company's products are characterized by their ease of use, with approximately 70% of customers being new to automation, and they are supported by open-source software that simplifies integration. UFactory's customer base spans various industries globally, including regions in North America, Europe, and parts of Asia, addressing both small-scale and large-scale automation needs. UFactory's revenue model primarily revolves around direct sales of its robotic systems and associated accessories. The pricing structure for their products starts at USD 3,349 for their smallest table-top robotic arm and can go up to USD 9,899 for more advanced models, reflecting varying specifications and capabilities. The company engages in business-to-business transactions, selling directly to end-users such as manufacturers and laboratories looking to enhance their automation processes. Additionally, UFactory provides a one-year warranty on their products, ensuring customer satisfaction and reinforcing the value of their offerings. Through their competitive pricing and innovative technology, UFactory aims to capture a significant share of the growing automation market, appealing to customers seeking reliable and high-performance robotic solutions. to accelerate its robotics commercialization strategy. This strategic expansion is expected to significantly broaden their market reach and product offerings.
Who invested in UFACTORY
3 investors across 2 rounds
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Questions about UFACTORY
Who invested in UFACTORY?
UFACTORY has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has UFACTORY raised?
UFACTORY has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did UFACTORY last raise money?
UFACTORY's most recent round on record is a Series A, in Apr 2016.
What does UFACTORY do?
Founded in 2013 and headquartered in Shenzhen, China, UFACTORY specializes in robotic solutions for automation.
Where is UFACTORY headquartered?
UFACTORY is headquartered in Shenzhen, China.
Which VCs invest in companies like UFACTORY?
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 UFACTORY's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Series A
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