China Digest: XYZ Robotics raises $20m; Shenqi Medical closes Series C

China Digest: XYZ Robotics raises $20m; Shenqi Medical closes Series C

Founding members of XYZ Robotics

XYZ Robotics, a provider of piece-picking solutions for the logistics and e-commerce industries, has raised nearly $20 million in a Series A+ round of financing, while Shenqi Medical, which develops high-value medical consumables, has raised hundreds of millions of yuan in a Series C round of financing.

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