Chinese media reported yesterday that Zhejiang Sineva (浙江欣奕华), a developer of AMR and mobile robotic technologies, had announced a pre-Series A funding round for an undisclosed amount of money.
Neither were the names of the investors disclosed. Lighthouse Capital Group provided exclusive financial advisory services during this round.
Proceeds from this round will be used to develop what is known as mobile compound robot, according to a company statement.
“This round of funding will be conducive to the development and expanded production of our mobile compound robots as well as to a spike in orders,” said Liu Changlun, CEO of the firm.
Founded in 2018, Zhejiang Sineva is a robotics and smart manufacturing arm of Sineva Group, a consortium of high-tech firms.
Based on a blend of AI and AMR technologies, the startup supplies mobile robotic solutions to clients across the manufacturing industry. It claims to have become a specialist in material handling and transfer, helping enhance the levels of digitalization and automation of partners.
Drawing on years of experience in simultaneous localization and mapping (SLAM), route planning, sensing and coordinated dispatch, Zhejiang Sineva now provides autonomous robotic chasses of various payloads, specifically, 200kg, 500kg, 800kg and 1,000kg.
In anticipation of diverse customer needs, the startup came up with various solutions, such as customized mill rolls, latent robots, compound robotic arms and mobile racks, to serve clients in semiconductor, 3C, new energy, display screen, auto parts, warehousing and logistics and biomedicine.
These technologies enable tasks including gripping, shuttling and transferring.
Sineva’s AMR venture began with its foray into semiconductor and 3C sectors and the ability to fulfill customer demands. Notably, chipmakers expect AMR providers to meet strict requirements on high-precision positioning, minimal vibration and sanitation.
To satisfy their needs, Sineva rolled out robots that feature an accuracy of ±1mm and a reduction of more than 70% in human labor. It also utilizes technologies to ensure a particle pollution-free environment.
Besides, the firm’s robots come with patented technologies to limit vibrations to within 0.3g, effectively mitigating the risk of damaged wafers throughout the transferring process.