Shunwei Capital Leads Series A Round In Chinese Light Robotic Arm Provider Hitbot

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Hitbot launched one of its core products, a robotic arm named "Z-Arm" in October 2017.

Chinese light collaborative robotic arm provider Huiling (Shenzhen) Technology Co., Ltd. (Hitbot) has secured a RMB30 million (US$4.31 million) series A round of financing led by Chinese venture capital firm Shunwei Capital, according to an announcement released on Shunwei Capital’s WeChat account on Thursday.

China Money Network

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