Existing investor Deppon Express was among the participants in a round for the robotic forklift developer sized at roughly $15m.
China-based robotics technology developer Mooe Robot has raised almost RMB100m ($15.4m) from a consortium including logistics service provider Deppon Express, DealStreetAsia reported yesterday.
Venture capital firm BlueRun Ventures took part in the round as a new investor, Deppon having previously supplied an undisclosed amount for the company in June 2020.
Officially known as Shanghai Muant Robot Technology, Mooe Robot provides robotics technology for use in warehouses. Its lead products is a robotic forklift system.
The company will allocate the funding…
