Syrius Robotics, a Chinese startup that makes autonomous robots for warehouses, announced that it has raised $7.4M in a Series B+ funding round backed by Harvest Capital.
To date, the company has raised $40M from investors, including TikTok parent ByteDance and Sequoia Capital China. The company will use the funds to expand its operations in Southeast Asia, North America, and Europe.
Autonomous Mobile Robot
Starting out in China and Japan, Syrius Robotics specialises in what is called AMR (Autonomous Mobile Robot). Combining it with AI technologies, the company offers warehouses and factories automation solutions that are flexible and adaptable.
Unlike AGV (Automated Guided Vehicle) solutions that often incur large infrastructural cost, AMRs do not require changing the existing infrastructure, as the robots can navigate themselves and avoid obstacles in complex environments.
The company’s portfolio includes AMRs that can carry a variety of payloads between 50kg to 300kg and can freely navigate throughout the warehouse, to pick and deliver cargo to help automate fulfillment processes.
Currently, the company offers AMRs either as a capital purchase or a robot-as-a-service (RaaS) model.
Adam Jiang, founder, and CEO of Syrius Robotics, was the leader at Google X’s Project Tango, while other leadership team members were former senior executives from Google, Nvidia, Alibaba, Amazon, Huawei, and DJI Technology.
Ideal for fulfillment centers and warehouses
Since its inception in 2018, Syrius has worked with fulfillment centers and warehouses globally, serving e-commerce, retail giants, and logistics companies with the most flexible automation solution.
According to the company, the deployment can be done in days without changing existing racks nor interrupting daily warehouse operations.
When facing frequent demand spikes, the number of robots at work can be adjusted dynamically, says the company.
The company has collaborated with partners such as DHL Asia Pacific Innovation Center to land OpenLabs in Singapore and Hong Kong.