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Based in Santa Clara, California, Flexiv develops and manufactures general-purpose adaptive robots that integrate artificial intelligence, force control, and computer vision to automate complex tasks in unstructured environments. The company sells robotic hardware, such as the Rizon series, alongside proprietary software licenses and after-sale services to commercial customers across the manufacturing, logistics, agriculture, and medical care sectors. Operating across seven global offices, the enterprise has achieved unicorn valuation status following a nearly $100 million Series B+ round, which built upon an earlier $100 million Series B financing and a $22 million Series A. Flexiv is backed by prominent institutional and corporate investors, including Meituan, New Hope Group, Gaorong Capital, and GSR Ventures. Originally spun out of Stanford University, the robotics company was founded in 2016 by Shiquan Wang, Xiyang Yeh, and Shuyun Chung.
Flexiv has raised $100.0M across 1 funding round.
Flexiv has raised $100.0M in total across 1 funding round.
Flexiv has raised $100.0M across 1 funding round. Most recently, it raised $100.0M Series B in December 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 30, 2020 | $100M Series B | — | BIN YUE, Richard LIM, Longwood, Meituan, Meta Capital, NEW Hope Group, Plug And Play, Jack MA | Announced |
Flexiv has raised $100.0M in total across 1 funding round.
Flexiv's investors include Bin Yue, Richard Lim, Longwood, Meituan, Meta Capital, New Hope Group, Plug and Play, Jack Ma.