MuShiny Intelligence nets nearly RMB100m in Series A1 financing round

Logistics automation technology company MuShiny Intelligence has completed nearly 100 million yuan in Series A1 round of financing. The investors in this round are TCL Venture Capital, Topping Capital and Noblelift. The proceeds will be mainly used to accelerate the scale production and market expansion of its robot products.

Logistics automation technology company MuShiny Intelligence has completed nearly 100 million yuan in Series A1 round of financing.

The investors in this round are TCL Venture Capital, Topping Capital and Noblelift. The proceeds will be mainly used to accelerate the scale production and market expansion of its robot products.

Established in Suzhou in June 2016, MuShiny Intelligence mainly provides comprehensive solutions for smart warehousing and smart logistics.

After four years of development, MuShiny Intelligence’s hardware product line covers a variety of intelligent robots such as storage, handling, and sorting etc. The systemic platform covers almost the entire process from warehousing to manufacturing.

At present, MuShiny Intelligence mainly focuses on overseas markets, and its projects have been implemented in smart logistics centers in supermarkets, retail, apparel, cosmetics and other industries; while in the domestic market, the company first targets manufacturing clients including textile and apparel, home appliances, new energy automobile, aviation and more.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/09/mushiny-intelligence-nets-nearly-rmb100m-in-series-a1-financing-round/.

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