Juqiao Industrial closes 100 million yuan Series A led by Ant Group. The fabric-based electronic skin maker will scale production and advance tactile technology for robotics and healthcare.
Amount Raised
¥100 Million
Round Type
Series A
WeihaiManufacturingArtificial IntelligenceInvestors
Description
Juqiao Industrial has completed a 100 million yuan Series A funding round led by Ant Group, with participation from existing shareholders Lingyi Venture Capital, Weihai Gangrong, and Qingdao Hexin. The company, founded in November 2023, develops fabric-based electronic skin and tactile gloves that enable robots to sense touch through multimodal data collection. The capital will be used to scale production and delivery of the technology, advance tactile and multimodal capabilities, and expand applications across robotics, home furnishings, and healthcare sectors. Juqiao Industrial has already served over 400 clients and delivered nearly 10,000 tactile gloves.
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