SHENZHEN, China, June 22 (Bernama-BUSINESS WIRE) — Recently, VisionNav Robotics has completed the B1 round financing with aggregate amount up to RMB100.00 million, which was led by Lenovo Capital and followed by Flyfot Ventures together with the old shareholder Eastern Bell Capital. The capital raised this time shall be applied for the continuous R&D of improving the existing visual control and perception technology, breakthrough of demanding scenes application, and business scale up.
Since its establishment in 2016, VisionNav Robotics has turned out to be a leading innovator and solution provider of vision guided forklifts as it always focuses on the R&D and application of visual-based driverless technology, and succeeds in incorporating visual control, perception and 5G technology into industrial vehicles, and launching flexible, intelligent, reusable and cost-effective material handling solutions in logistic links such as loading, unloading, storage and distribution.