On July 20, Jieka Robotics announced that it had completed its Series D financing, introducing US dollar investment equivalent to nearly RMB 1 billion . The investment lineup was very impressive, led by Temasek, Truelight Capital, SoftBank Vision Fund II, and Prosperity7 Ventures, a diversified venture capital fund under Saudi Aramco, and followed by strategic investment institutions.
In the capital field, JEKA Robotics completed its C and C+ rounds of financing in 2021. The single financing amount of the C round exceeded 300 million yuan; in the C+ round of financing, it received the support of a global industrial giant as the lead investor, which is of great strategic significance. After the completion of this round of financing, JEKA Robotics has become the company with the most financing rounds and the largest financing scale in the field of collaborative robots .
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. JEKA Robotics will use this round of financing to 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. JEKA Robotics deeply integrates emerging technologies such as artificial intelligence and big data, and develops towards multi-dimensional intelligent development, 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 towards a more flexible and intelligent era.
Through diversified technology development and innovative solution expansion, JEKA 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, welding and other scenarios. From automobiles, electronics, semiconductors to business, education, agriculture fields, JEKA Robotics can be seen, 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, Solutions, 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.
In 2021, JEKA Robotics became Toyota's global supplier of collaborative robots, and the company's product performance, R&D strength, supply capacity, and service capabilities have been fully verified. The Japanese side also sent a letter of thanks. For Toyota, JEKA Robotics has become an important booster to enhance the competitive advantage of production lines .
In addition, the Jieka flexible intelligent robot has a wealth of secondary development interfaces and big data interaction interfaces, which can integrate various sensing devices and information devices to help enterprises realize intelligent data sharing and drive enterprise digital transformation.
For example, in the SMT patch process of the 3C electronics industry, although the intelligent warehousing system has been popularized, the production line still needs to manually go to the warehouse to extract raw materials. Not only is it easy for the human eye to distinguish, but the degree of digitization is low, and it is difficult to synchronize inventory. Congestion often occurs when multiple production lines queue up to retrieve materials. JIKA Robotics modularly connects 5G and AI technologies to the production line to complete the automatic distribution of raw materials, and connects through the automation system to integrate the fragmented workshop and warehouse information in the past, realize accurate digital management, and accelerate the intelligent revolution of the industry .
In the first half of 2022, the manufacturing industry was also impacted by the epidemic, and the uncertainty caused by the overall environment increased day by day. During this special development stage, JEKA Robotics still showed strong development momentum in the first half of the year, with sales increasing by more than 200% year-on-year .
In the field of digital medicine, Jieka Robotics and its partners jointly developed a medical testing composite robot to relieve the work pressure of medical testing; in the field of intelligent production, Jieka Robotics created a flexible intelligent sampling tube automatic production line based on collaborative robots , and a single production line can produce 20,000 sampling test tubes per hour; in the field of smart services, Jieka Robotics is equipped with an AGV car to transform into an indoor fully automatic garbage collection vehicle , replacing medical staff in repetitive, easily infected, highly polluting, and labor-intensive work, using technology to help fight the epidemic.
In terms of new product development, in February, JAKA Robotics launched the JAKA Pro series of collaborative robots with the highest protection level IP68 , which can adapt to various harsh working conditions and greatly expand the application scenarios of collaborative robots.
In addition, in the first half of the year, JEKA Robotics was selected as a national-level specialized and innovative key "little giant" enterprise ; after JEKA Robotics obtained 20,000 hours and 30,000 hours MTBF (mean time between failures) certification last year, in the first half of this year, JEKA Robotics again obtained 50,000 hours MTBF certification , and the company's product quality, process level, and production management level were fully recognized .
In terms of communication protocols, in the first half of the year, JIEKA Robotics obtained certification certificates for EtherNet/IP and PROFINET, two mainstream protocols in the industrial control industry. So far, JIEKA Robotics has fully covered the mainstream protocols in industrial Ethernet. This means that the company can be used with most mainstream PLCs and other equipment worldwide without having to worry about the troubles caused by communication protocols.
In terms of application scenarios, JEKA Robotics has obtained the SEMI S2 certification, a pass that is internationally accepted in the semiconductor industry and widely recognized by the industry chain. This certification opens the door for JEKA Robotics to enter the semiconductor industry.
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.”
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