Huaxi Group vehicle V-Capital contributed to an eight-figure round for SF Express-backed logistics robot technology developer Galaxis Technology.
China-based robotics technology developer Galaxis Technology, has raised an eight-figure dollar amount in a series D round featuring steel producer Huaxi Group’s V-Capital vehicle, DealStreetAsia reported yesterday.
The round was led by CICC Capital, a subsidiary of investment banking group China International Capital Corporation, and included financial services firm Industrial Bank, Sumin Investment, SinoKing Capital, Huagai Capital and Orize Prior, a division of fund manager Oriza Holdings.
Galaxis produces robotics systems for use in logistics operations such as the collection,…