PR89570

BEIJING, May 19, 2021 /PRNewswire=KYODO JBN/ --

- With total funding of over USD100 million, Mech-Mind is pioneering the next

frontier of manufacturing through a combination of artificial intelligence and

industrial robotics

Fast-growing Chinese AI industrial robotics startup, Mech-Mind Robotics

("Mech-Mind") has recently completed Series C funding led by tech giant

Meituan. This latest investment brings Mech-Mind's total funding to over USD100

million, making Mech-Mind one of the world's most funded AI+ industrial

robotics startups.

The recent investment was led by Chinese tech giant Meituan, with participation

from existing investors including Sequoia Capital China and Source Code Capital.

Focused on Robotics-Infrastructure in the AI era, Mech-Mind develops a full

suite of products and solutions integrating 3D camera, 3D vision and deep

learning algorithms, and motion planning technology. Moving forward, Mech-Mind

will leverage extensive technical strength to modernize manufacturing by

breathing new life into industrial robotics.

In addition, Mech-Mind also provides comprehensive service including staff

training, deployment planning, marketing support, and collaboration on

challenging projects.

Tianlan Shao, Mech-Mind Robotics CEO and Founder,says, "Our products are

designed to fundamentally reframe the manufacturing pain points by utilizing

the practice of AI and human-robotics interaction. Our products and service

already create visible business returns for nearly 1000 clients worldwide".

"Mech-Mind has developed a full infrastructure and product portfolio including

3D cameras, machine vision algorithms and software, and an intelligent robot

programming environment," says Shao.

"Our products have been widely deployed, enabling us to acquire profound

experience from real-life applications. Moving forward, Mech-Mind will focus on

empowering robotics solutions providers and integrators to create more

solutions and applications."

According to the International Federation of Robotics, the manufacturing

industry remains the largest adopter of industrial robotics globally, with

significant investments to adopt modern methods.

Recently, Mech-Mind launched the new generation of Mech-Eye Laser Industrial 3D

Camera, which utilizes fast structured light to present high-quality 3D imaging

for typical industrial applications under demanding light.

Mech-Eye Laser is suitable for factory or processing facilities with

competitive price. This camera offers high level of precision, wide field of

view, and easy-to-use programming setting.

With a global team of over 350 employees based in Beijing, Shanghai, Shenzhen,

Changsha, Qingdao, Munich, and Tokyo, Mech-Mind is committed to help clients

pioneer the next frontier of manufacturing and democratize access for

AI-defined robotics to small-, mid- and large-sized businesses alike.

For more information, please visit https://en.mech-mind.net/.

About Mech-Mind Robotics

Mech-Mind was founded in 2016 to put intelligence into industrial robots.

Through advanced technologies including deep learning, 3D vision, and motion

planning, Mech-Mind offers cost-effective solutions to palletizing and

depalletizing, bin picking, order sorting, machine tending and

assembly/gluing/locating in logistics and manufacturing.

Mech-Mind's intelligent industrial robot solutions are used in automotive OEM

plants, appliance plants, steel plants, food plants, logistics warehouses,

banks, and hospitals in countries such as China, Japan, South Korea, Germany,

the U.S.

Media Contact:

info@mech-mind.net

SOURCE:  Mech-Mind Robotics

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