Jieka Robotics completes nearly RMB 1 billion in Series D financing and continues to lead the collaborative robot market

JIKA Robotics recently announced that it has completed its Series D financing, bringing in USD investment equivalent to nearly RMB 1 billion. The investment lineup is very impressive, led by Temasek, Truelight Catal, SoftBank Vision Fund II, and Prosperity7 Ventures, a diversified venture capital fund under Saudi Aramco, and followed by strategic investment institutions.

Mr. Li Mingyang, CEO of JEKA Robotics, said: "This round of financing is a milestone in the field of collaborative robots and a recognition of the collaborative robot industry represented by JEKA Robotics. We believe that collaborative robots will enter more industries and various emerging formats. With this round of financing, JEKA Robotics will accelerate the improvement of its global marketing channels and service network, get closer to our global customers, and provide more flexible and intelligent robot products for customers in different regions and industries."

Founded in 2014, JEKA Robotics is committed to innovating the way people and robots interact, and has always been a leading brand in the global collaborative robot market. Similarly, it has continuously set new industry records in the capital field, and completed the C and C+ rounds of financing in 2021. The single financing amount in the C round exceeded 300 million yuan, setting a new high in the industry at the time; in the C+ round of financing, a global industrial giant also stood behind as the lead investor, and jointly explored the human-machine interactive production model with JEKA Robotics, which is of great strategic significance. After the completion of this round of financing, JEKA Robotics became the company with the most financing rounds and the largest financing scale in the field of collaborative robots.

JIKA Robotics deeply integrates artificial intelligence and other emerging technologies to develop intelligently in multiple dimensions, that is, from single perception to global perception, from perceptual intelligence to cognitive intelligence, and from stand-alone intelligence to cluster intelligence, pushing collaborative robots into a more flexible and intelligent era. Through the development of multiple technologies and the expansion of innovative solutions, JIKA Robotics has realized nine core technologies, six core algorithms, and six series of collaborative robot matrices, and has accumulated a large number of practical cases in handling, palletizing, machining, testing, gluing, screw locking, polishing, and other scenarios, accelerating the transformation of global productivity and the reconstruction of production models.

In recent years, JAKA Robotics has established multiple offices and branches in China to build a complete service guarantee system of JAKA S³ (Speed ​​rapid response, Soluons solution, Skill-up customer empowerment). Driven by the globalization strategy, JAKA Robotics has established technical centers in Asia Pacific, Europe, North America and other places, and cooperated with excellent global partners to provide localized services to global customers. The high-value support from the world-renowned investment institutions will promote the further development of JAKA Robotics' globalization.

Dennis Chang, Managing Partner of SoftBank Vision Fund, said: "We believe that JEKA Robotics is one of the leaders in China's collaborative robot field, committed to helping manufacturers improve production efficiency. Based on its strong independent research and development capabilities, JEKA Robotics products have excellent performance, are highly adaptable to a variety of industrial scenarios, and have been recognized by many global partners. We are very pleased to work with JEKA Robotics and help them realize their vision of creating an era of flexible intelligent robots."

Aysar Tayeb, Executive Managing Director of Prosperity7 Ventures, said: “We are delighted to work with JEKA Robotics to jointly promote the reconstruction of global productivity. Human-machine interaction plays an increasingly critical role in the era of Industry 4.0. Prosperity7 Ventures will rely on Saudi Aramco’s global network and rich resources to support JEKA Robotics to further expand its scale and expand its international market, thereby unleashing the huge potential of robotics technology in shaping future megatrends.”