TusStar has participated in a series A round for smart robotics technology developer TimeRiver.

TimeRiver, a China-based smart robotics technology developer, has raised $15m in series A funding from investors TusStar, an incubator linked to Tsinghua University, DealStreetAsia reported on Friday.
The round was led by ZWC Holdings and also featured Baidu Ventures, a corporate venture capital subsidiary of internet group Baidu, and Lotus Lake Capital.
TimeRiver produces industrial robotics technology. Applications for its offering include derusting ships, detecting and repairing flaws in thermal power generators, chemical tank polishing, high-speed rail inspection…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).