Existing investor Robert Bosch Venture Capital and Liando U Valley were among the latest investors in robotics and internet-of-things technology provider MegaRobo.
China-based automation technology provider MegaRobo has completed a $30m series B round that included Robert Bosch Venture Capital, the investment arm of industrial technology producer Robert Bosch, DealStreetAsia reported on Tuesday.
Sinovation Ventures led the round, investing together with fellow venture capital firm Joy Capital and Liando Investment, a subsidiary of industrial park operator Liando U Valley, according to a company announcement cited by DealStreetAsia.
Founded in 2016, MegaRobo is applying robotics and internet-of-things technology to areas such as life…