Robosen, a Chinese manufacturer of intelligent auto-transforming robot, has raised Rmb100 million ($14.5 million) in its Series A funding round, led by CMB International Capital Corporation (CMBI), an investment unit of China Merchants Bank.
In a statement, Robosen, founded in 2011 in Beijing, said the funding round also saw participation of Hu Yu, the co-founder and executive president of Chinese voice recognition products manufacturer iFlytek.