JAKA Robotics, the worldwide cobot leader, has completed Series C Funding with amount of over 50 million USD. The funding was jointly led by CPE and SDIC, followed by FGVENTURE and China Renaissance as the exclusive financial adviser.

Previously, JAKA Robotics received Series A Funding of 3 million USD in 2015, Series A+ Funding of 10 million USD in 2018, and Series B Funding of 20 million USD in 2019.

Young Li, CEO of JAKA Robotics, said, "JAKA Robotics has cooperated with global customers in key industries such auto, 3c electronics, etc., and has been recognized by them. After series C funding, JAKA Robotics will continue to perfect service system, innovative product and global expansion."

Since JAKA established in 2014, it has focused on innovation and R&D in cobots. Currently, it has launched cobots with a payload of 3 kg, 7 kg, 12 kg and 18 kg, and has obtained handreds of patents.

Now, JAKA has set up a number of branches and factories in different cities in China. JAKA Japan Technology Research Center has opened. In the future, JAKA Robotics will establish more branches in major countries and regions around the world to better serve the local market and key customers.

CPE director said,"Cobots have been widely applied in 3C, auto parts and other industries. With the trend of rising labor costs and decreasing number of industrial workers in China, the cobot industry has entered an outbreak period."

"With its features of safety, ease of use, flexible deployment and high flexibility, cobots are particularly suitable for industrial scenarios with multiple varieties, space constraints and man-machine cooperation. In the process of transformation and upgrading of manufacturing industry, the market for cobots is large." Said by SDIC