SHANGHAI :
Smart Logistic Robot Firm Dorabot Nabs Tens of Millions of Dollars in Round A+
Tang Shihua
DATE:  Feb 28 2018
/ SOURCE:  Yicai
 Smart Logistic Robot Firm Dorabot Nabs Tens of Millions of Dollars in Round A+ Smart Logistic Robot Firm Dorabot Nabs Tens of Millions of Dollars in Round A+

(Yicai Global) Feb. 28 -- Intelligent logistics robot developer Dorabot Inc. has finished its Round A+ financing with tens of million dollars pooled, it announced. Proceeds will mainly go to expanding its Shenzhen- and US-based technological research and development and business teams to enhance the scope of its technical coverage and continue its internationalization.

YF Capital, a fund company of Alibaba Group holding Ltd.'s founder Jack Ma, led this funding round, followed by Dorabot's angel-round shareholder Sinovation Ventures, as well as its round-A shareholder Aplus Capital, with new investor GP Capital also coming aboard.

Dorabot is a robotic technology startup focusing on logistics robots.

The company's self-developed hardware- and software-equipped unstaffed warehouse is oriented toward express logistics and e-commerce, and its core parts have been undergoing various pressure tests and will soon be promoted worldwide. 

Follow Yicai Global on
Keywords:   FINANCING,Logistics Robot,AI,E-COMMERCE,Warehouse Management,Dorabot