Flexiv brings in practically $100M funding

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Flexiv brings in practically 0M funding

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Flexiv’s Rizon 10 adaptive robotic. | Supply: Flexiv
A spokesperson from the corporate confirmed that Flexiv closed a Sequence B+ funding spherical with an funding of practically $100 million. In keeping with the corporate, the most recent funding makes the corporate a unicorn startup. 
Flexiv spun out of Stanford College in 2016. It was based by Shiquan Wang, now the CEO, Xiyang Yeh, now the CTO, and Shuyun Chung, now the chief robotics scientist. In 2020, Flexiv introduced in over $100 million in a Sequence B spherical of funding, and it introduced in $22 million in Sequence A funding in 2019. 
The corporate plans to make use of the most recent spherical of funding to additional develop common goal robotics software program, develop out there and develop Flexiv’s robotic ecosystem. It didn’t disclose the buyers within the spherical. 
Flexiv launched its Rizon adaptive robotic in April 2019, and right now it provides three completely different Rizon fashions, the unique Rizon 4, the Rizon 4s and the Rizon 10. The core options of those adaptive robots embody high-precision and fast-response force-controlled expertise all through the arm. 
Since 2021, Flexiv has begun releasing robotics software program platforms, together with Noema, a man-made intelligence (AI) system, and the Flexiv RDK (robotic growth package). 
Noema is a general-purpose AI system that acts as an clever robotic mind that’s cloud-edge-end tailored for all industries, based on the corporate. It comes with numerous built-in algorithms, like complicated pose estimation, power notion fusion, a common grasp algorithm and human evaluation. 
The Flexiv RDK was created to make the complicated robotic growth course of easy. It has straightforward to make use of drag-and-drop visible programming, with a user-friendly human-robot interface. It has an embedded superior semi-autonomous programming module and helps WLAN join and one-to-many configuration. 
Flexiv at present has places of work in Silicon Valley, Shanghai, Beijing, Shenzhen, Foshan, Taiwan and Singapore. Its robotic providing can be utilized normally meeting, floor remedy, exact manipulation, cell operation and extra. 

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