XYZ Robotics nets $35m and 23 more deal updates from Greater China

XYZ Robotics has completed a $35 million Series B round of financing led by Capital Today, a $2.5 billion fund that has also backed Chinese industry players such as JD.com, Meituan, and NIO.

Existing investors Gaorong Capital, 5Y Capital, and Source Code Capital made follow-on investments in the latest funding round. Investment bank Lighthouse Capital facilitated the transaction, as per a company statement on Tuesday.

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