Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, May 19 2021 - 10:00
AsiaNet
AI Robotics Startup Mech-Mind Completes Series C Funding Led by Tech Giant Meituan
BEIJING, May 19, 2021 /PRNewswire-AsiaNet/ --

- With total funding of over USD100 million, Mech-Mind is pioneering the next 
frontier of manufacturing through a combination of artificial intelligence and 
industrial robotics

Fast-growing Chinese AI industrial robotics startup, Mech-Mind Robotics 
("Mech-Mind") has recently completed Series C funding led by tech giant 
Meituan. This latest investment brings Mech-Mind's total funding to over USD100 
million, making Mech-Mind one of the world's most funded AI+ industrial 
robotics startups.

The recent investment was led by Chinese tech giant Meituan, with participation 
from existing investors including Sequoia Capital China and Source Code Capital.

Focused on Robotics-Infrastructure in the AI era, Mech-Mind develops a full 
suite of products and solutions integrating 3D camera, 3D vision and deep 
learning algorithms, and motion planning technology. Moving forward, Mech-Mind 
will leverage extensive technical strength to modernize manufacturing by 
breathing new life into industrial robotics.

In addition, Mech-Mind also provides comprehensive service including staff 
training, deployment planning, marketing support, and collaboration on 
challenging projects.

Tianlan Shao, Mech-Mind Robotics CEO and Founder,says, "Our products are 
designed to fundamentally reframe the manufacturing pain points by utilizing 
the practice of AI and human-robotics interaction. Our products and service 
already create visible business returns for nearly 1000 clients worldwide".

"Mech-Mind has developed a full infrastructure and product portfolio including 
3D cameras, machine vision algorithms and software, and an intelligent robot 
programming environment," says Shao.

"Our products have been widely deployed, enabling us to acquire profound 
experience from real-life applications. Moving forward, Mech-Mind will focus on 
empowering robotics solutions providers and integrators to create more 
solutions and applications."

According to the International Federation of Robotics, the manufacturing 
industry remains the largest adopter of industrial robotics globally, with 
significant investments to adopt modern methods.

Recently, Mech-Mind launched the new generation of Mech-Eye Laser Industrial 3D 
Camera, which utilizes fast structured light to present high-quality 3D imaging 
for typical industrial applications under demanding light.

Mech-Eye Laser is suitable for factory or processing facilities with 
competitive price. This camera offers high level of precision, wide field of 
view, and easy-to-use programming setting.

With a global team of over 350 employees based in Beijing, Shanghai, Shenzhen, 
Changsha, Qingdao, Munich, and Tokyo, Mech-Mind is committed to help clients 
pioneer the next frontier of manufacturing and democratize access for 
AI-defined robotics to small-, mid- and large-sized businesses alike.

For more information, please visit https://en.mech-mind.net/.

About Mech-Mind Robotics

Mech-Mind was founded in 2016 to put intelligence into industrial robots. 
Through advanced technologies including deep learning, 3D vision, and motion 
planning, Mech-Mind offers cost-effective solutions to palletizing and 
depalletizing, bin picking, order sorting, machine tending and 
assembly/gluing/locating in logistics and manufacturing.

Mech-Mind's intelligent industrial robot solutions are used in automotive OEM 
plants, appliance plants, steel plants, food plants, logistics warehouses, 
banks, and hospitals in countries such as China, Japan, South Korea, Germany, 
the U.S.

Media Contact:
info@mech-mind.net 

SOURCE:  Mech-Mind Robotics

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