GALAXIS TECHNOLOGY closes Series D round, raises hundreds of millions of yuan

The logistics robot and intelligent equipment supplier and technical service provider GALAXIS TECHNOLOGY hasrecently raised hundreds of millions of yuan in Series D round of financing.
This round was led by a fund of CICC Capital, with participation from Industrial Bank Company, Oriza Holdings, Yicun Capital, Huagai Capital, Sumin Investment, SinoKing Capital and other institutions.

The logistics robot and intelligent equipment supplier and technical service provider GALAXIS TECHNOLOGY hasrecently raised hundreds of millions of yuan in Series D round of financing.

This round was led by a fund of CICC Capital, with participation from Industrial Bank Company, Oriza Holdings, Yicun Capital, Huagai Capital, Sumin Investment, SinoKing Capital and other institutions.

Proceeds from this round of financing will be used to accelerate product iteration and R&D, expand production scale, and accelerate domestic and international business layout and expansion.

Founded in 2014, GALAXIS TECHNOLOGY is a high-tech enterprise focusing on providing integrated solutions and one-stop services for logistics automation and robots.

The company has formed an overall R&D and manufacturing solution including logistics system consulting & planning, software development, system integration, operation guidance, and multi-layer shuttle, high-speed elevator, AGV, conveyor sorting system and other core high-end equipment , which can provide clients with one-stop service for the construction of logistics systems.

The company’s application cases are widely scattered in more than ten industries such as medicine, e-commerce, clothing, books, rail transit, and automobiles.

More than 150 large and medium-sized modern logistics centers and production-type three-dimensional warehouses have been constructed, with a total investment of more than 20 billion yuan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/galaxis-technology-closes-series-d-round-raises-hundreds-of-millions-of-yuan/.

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