Corporate venturing unit Lenovo Capital led a round that boosted smart forklift developer VisionNav’s funding total to more than $18m.
China-based computer vision-guided forklift developer VisionNav Robotic closed a RMB100m ($14.2m) series B1 round yesterday led by Lenovo Capital, a strategic investment vehicle for electronics manufacturer Lenovo.
The round also featured venture capital firm Flyfot Ventures and VC fund Eastern Bell Capital, the latter having contributed to a series A round that closed in 2018 to increase VisionNav’s total funding to more than $4.5m.
Founded in 2016, VisionNav produces forklifts equipped with computer vision that can automatically transport materials…
