$150 Million Series D Financing JAKA Robotics with Genes of Innovative Technology Developing Since 1979 - PR Newswire APAC
Summary
SHANGHAI, July 20, 2022 /PRNewswire/ -- JAKA Robotics, one of the leading collaborative robot companies, recently announced that it has successfully completed around $150 million Series D financing in the first half of 2022.The Series D financing was led by Temasek, TrueLight Capital, Softbank Vision Fund 2 and Prosperity7 Ventures, the diversified growth fund of Aramco Ventures with participation from one strategic investor. "Our cobots have extensive communication interfaces and are equipped with vision systems, force sensors and other external devices. Robotics has tremendous growth potential as a future megatrend, especially as human-machine interaction plays a critical role in the age of Industry 4.0. We are always looking to partner with pioneers in their respective industries to enable continued growth and transformation and have a positive impact on peoples lives." The JAKA Pro Series completes the current, already extensive, cobots series portfolio.To date, JAKA Robotics has accumulated a large number of practical applications in the fields of handling, palletizing, machining, testing, bonding, screw locking, polishing, welding and in many other.