Syrius (炬星科技), a robotic startup making AMRs, has closed a new Series C round of financing valued at some 100 million yuan (US$13.79 million), Chinese media reported yesterday.
The round was backed by Anhui Industry Upgrade Fund, Tongling State-owned Capital Operation Holding Group, Tongling Dajiang Co. Ltd, marking the first time Syrius introduced state equity financiers into its shareholding structure.
Proceeds from this round will go toward building a production facility with a capacity of 50,000 autonomous robots, upgrading solutions tailored to scenarios such as smart logistics, intelligent factory, and commercial cleaning.
The company will also use the sums to facilitate its globalized operation.
Following the latest round, Syrius will start building a production facility capable of churning out 50,000 autonomous warehouse robots.
This facility will also house a robot assembly center, a precision machinery processing center, a smart robot test center, a raw material and finished goods warehouse, an administrative building, and an intelligent delivery and material handling system.
According to Syrius, one of the facility’s new highlights is that it will utilize AMR technologies to automate the whole process of warehouse management, from the warehousing of raw materials to product transferring, to delivery of cargo from storage.
The company claims that it has formulated a set of unique solutions that can empower smart manufacturers nationwide and worldwide.