Meituan leads Series D funding for collaborative robot maker FAIRINO
Chinese collaborative robot maker FAIRINO has completed Series D financing led by Meituan, following a Series C+ round led by Meituan’s Long-Z investment arm. The company disclosed the latest financing in October, with …
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Chinese collaborative robot maker FAIRINO has completed Series D financing led by Meituan, following a Series C+ round led by Meituan’s Long-Z investment arm. The company disclosed the latest financing in October, with proceeds supporting production expansion and industrial robotics development. The two rounds together raised nearly RMB 1 billion. Other participating investors included Yongxin Capital and Suzhou Capital Group, while several existing backers increased their investments. The company did not disclose a separate amount for the Series D round. FAIRINO will invest in manufacturing capacity for core components and products including its ART industrial force-controlled robotic arms and AIRLab embodied-intelligence platform. The funding also supports R&D and the expansion of its global business. [Cyzone, in Chinese]
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