1 Articles

Tags :Jiangte Electric

Jiangte Electric to invest 100 mln yuan in robot startup Vita Dynamics

Jiangte Electric (002176.SZ) said it plans to invest 100 million yuan alongside affiliated investors in Vita Dynamics’ Pre-A+++ funding round, with a total capital increase of 300 million yuan. The affiliated investors will contribute 200 million yuan. The deal gives Vita Dynamics a pre-money valuation of 3 billion yuan. After the capital increase, Jiangte Electric and the affiliated investors are expected to hold 3.0303% and 6.0606%, respectively. Jiangte also said it has started joint development of dexterous hand motors and key components with Vita Dynamics, and the products are planned to be supplied to third-party robot OEMs.

Briefs

RobotHOT - China & Global Robotics Insights

RobotHOT brings China & Global Robotics Insights. Explore robotics, embodied‑intelligence updates, startup news and industry analysis for professionals worldwide.

About USContact US