flexiv ai 100m series meituan liao techcrunch
Flexiv, a startup that’s developing artificial intelligence that can be used to control robots, has raised $100 million in a Series C funding round led by Chinese internet giant Meituan-Dianping. The new funding values Flexiv at $1 billion, according to a person familiar with the matter.
Flexiv’s AI technology can be used to control robotic arms and other devices in factories, warehouses and other settings. flexiv ai 100m series meituanliaotechcrunch
Flexiv, an artificial intelligence startup, has raised $100 million in a series C funding round led by Meituan Dianping, a Chinese e-commerce platform. The company will use the funds to expand its product offerings and continue to invest in research and development. Flexiv’s AI technology is used by Meituan Dianping to improve customer service and reduce operational costs.
In June, Meituan Dianping announced a $100 million series C investment in Flexiv, an AI startup that specializes in robotic process automation (RPA). The round was led by Liao Tech, a Meituan-affiliated fund, with participation from other existing investors.
Flexiv was founded in 2016 by a team of ex-Googlers and has raised a total of $47 million to date.
Flexiv, a startup developing artificial intelligence-powered robots, has raised $100 million in a Series B funding round led by Meituan-Dianping and Liao Tech.
Flexiv plans to use the new funding to expand its AI research and development, as well as build out its sales and marketing teams.
In today’s rapidly developing world, it is no surprise that artificial intelligence (A.I.) is being used in a variety of industries to help automate tasks. Meituan Liao, CEO of Flexiv, believes that A.I. can be used to not only automate tasks but to also improve communication between humans and machines. His company has developed an A.I.-powered platform that they hope will change the way we interact with machines.
Flexiv, a startup that’s developing artificial intelligence-powered robots, has raised $100 million in a Series B funding round led by Meituan-Dianping, a Chinese e-commerce giant. The new financing comes just six months after Flexiv closed a $15 million Series A.
Flexiv’s robots are designed to be more adaptable and flexible than traditional industrial robots.