Xianglu Technology, Robot R&D Company, Raises $ 16 Million in Funding Through Source Code Capital


Recently, Xianglu Technology announced that he had secured 100 million yuan ($ 16 million) in angel funding from Source Code Capital. The new funds will mainly be used for R&D on product technology, service innovation, multi-scenario applications and organizational upgrading.

Xianglu Technology is an R&D and robot applications company facing life scenarios. Its products cover hotel self-service kiosks, distribution service robots and other categories. He has many patents and innovative applications in the fields of autonomous mobile robot algorithm, multitasking scheduling, cloud management and other technologies.

Xianglu Technology also announced that Guo Qing, former member of the S team, the top decision-making team of Meituan, joined the company as co-founder and CEO, and Yang Jiancheng, former CEO of the company, started to serve as co-founder and CPO.

Huang Yungang, Partner of Source Code Capital, said, “The combination of artificial intelligence and robots will bring qualitative changes to the industry and will be the main trend in the next 10 years. We recognize and are optimistic about Xianglu Techbology’s strategic vision, technical reserves and commercial landing capabilities in this area.

SEE ALSO: Dajie Robot Completes B + Funding Round, Led By GL Ventures

Over the past year, Marsmarch, a subsidiary of Xianglu Techbology, has made great achievements in hotel services, creating a number of innovative products, such as self-service terminals and hotel distribution robots. Today, it is present in more than ten hotel groups and nearly 1,000 hotels, offering tens of thousands of intelligent and efficient services to its customers every day.

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