Fourier Intelligence closes Series B+ round, raises tens of millions of yuan

Fourier Intelligence announced the completion of its Series B+ round by Qianhai FoF, raising tens of millions yuan. To date, the Series B round and B+ rounds of financing of the company have accumulated nearly 100 million yuan.

Fourier Intelligence announced the completion of its Series B+ round by Qianhai FoF, raising tens of millions yuan. To date, the Series B round and B+ rounds of financing of the company have accumulated nearly 100 million yuan.

The proceeds from the fresh funding will be used for technology research and development, market promotion and the establishment of a rehabilitation ecosystem in the field of intelligent rehabilitation.

Fourier Intelligence was established in 2015 and headquartered in Shanghai. A provider of robotic technology intended to offer rehab-robots and exoskeleton products. The company’s technology include upper-limb rehab robotics and lower-limb exoskeleton robot, which can help the disabled go beyond of the physical limits, stand up and walk again, enabling its clients to receive robotic products that can decrease fatigue and increase productivity.

At present, Fourier Intelligence’s products have entered more than 20 countries and nearly 1,000 institutions in the world, performed more than 400 million rehabilitation training movements, and obtained medical device registration certificates in various countries (FDA, CE, CFDA, TGA, HSA). Fourier Intelligence has the world’s top rehabilitation technology and team, and has established joint laboratories with the Chicago Rehabilitation Center, the University of Melbourne, and the Federal Institute of Technology Zurich to train talents in the field of rehabilitation medicine and engineering.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/10/fourier-intelligence-closes-series-b-round-raises-tens-of-millions-of-yuan/.

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