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A spokesperson from the corporate confirmed that Flexiv closed a Sequence B+ funding spherical with an funding of almost $100 million. Based on 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 basic goal robotics software program, broaden available in the market and develop Flexiv’s robotic ecosystem. It didn’t disclose the traders within the spherical.
Flexiv launched its Rizon adaptive robotic in April 2019, and as we speak it affords three totally different Rizon fashions, the unique Rizon 4, the Rizon 4s and the Rizon 10. The core options of those adaptive robots embrace 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 synthetic intelligence (AI) system, and the Flexiv RDK (robotic improvement package).
Noema is a general-purpose AI system that acts as an clever robotic mind that’s cloud-edge-end tailored for all industries, in accordance with the corporate. It comes with a variety of built-in algorithms, like complicated pose estimation, drive notion fusion, a basic grasp algorithm and human evaluation.
The Flexiv RDK was created to make the complicated robotic improvement course of easy. It has simple 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 workplaces in Silicon Valley, Shanghai, Beijing, Shenzhen, Foshan, Taiwan and Singapore. Its robotic providing can be utilized basically meeting, floor therapy, exact manipulation, cell operation and extra.