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Shenzhen robot brain startup Ruoyu Technology raises over 100 mln yuan in Pre-A round - RobotHOT

Shenzhen robot brain startup Ruoyu Technology raises over 100 mln yuan in Pre-A round

Shenzhen-based robot brain developer Ruoyu Technology said it has raised more than 100 million yuan in a Pre-A funding round led by Sunway Communication, with Jinmu Capital, Qindao Capital, Huanghai Capital and Zhongchuang Capital participating. The proceeds will mainly fund upgrades to its Ruoyu Jiutian robot brain and expand its ecosystem partnerships, the company said. Founder and CEO Sun Teng is a serial entrepreneur whose research focuses on multimedia computing. Founder and Chairman Nie Liqiang is director of the Information Department at HIT Shenzhen. Co-founder and Chief Scientist Zhang Min is specially appointed assistant to the president of HIT Shenzhen, dean of the Institute of Computing and Intelligence, and a professor at the School of Computer Science and the Institute...

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