China Digest: IDG Capital backs Fourier; Xiaomi, Shunwei Capital invest in Shanhuishou

China Digest: IDG Capital backs Fourier; Xiaomi, Shunwei Capital invest in Shanhuishou

Visual from Fourier Intelligence's website

Exoskeleton robotic manufacturer Fourier Intelligence has raised nearly $5 million in a Series A funding round while Xiaomi and Shunwei Capital have co-led a $15-million Series A funding round in Shanhuishou.

Fourier raises $5m to further develop medical robots

Fourier Intelligence, a Chinese technology and design company providing exoskeleton robotic products, has raised Rmb30 million ($4.8 million) in a Series A funding round led by Prosperico Venture, according to a Yicai Global report.

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