WeTitan Robot completes Pre-A round of financing.
Recently, Shanghai Weitai Technology Co., Ltd. announced the completion of a new round of Pre-A round financing, led by Red Bird Sailing Fund, with participation from Leading Investment, Yongxin Ark, Weihao Chip, Ningbo Jide and other industrial investors, as well as Shanghai Angel Association. Several existing shareholders also continued to increase their holdings, with Investment Capital serving as the exclusive financial advisor for this round of financing. This round of financing will be used for the continuous iteration of visual perception technology, the implementation of actuators, the closed-loop of visual perception data acquisition and models, the expansion of the research and development team, and further expansion into overseas markets.
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