Machine Vision AI Firm Qfeeltech Secures Tens of Millions of Dollars in Series B Financing Round
Tang Shihua
DATE:  Oct 27 2017
/ SOURCE:  Yicai
Machine Vision AI Firm Qfeeltech Secures Tens of Millions of Dollars in Series B Financing Round Machine Vision AI Firm Qfeeltech Secures Tens of Millions of Dollars in Series B Financing Round

(Yicai Global) Oct. 27 -- Robot artificial intelligence startup Qfeeltech Co. recently attracted tens of millions of dollars in a series B round of financing led by TusHoldings PICC Fund and China Fortune-Tech Capital Co., Jiemian.com reported.

WI Harper Group Inc., SoftBank Asia Infrastructure Fund, Flyfot Ventures and TusStar also participated.

Founded in 2014, Qfeeltech, focuses on machine vision AI. It has raised more than USD15 million (CNY100 million) to date.

The company's main offerings are consumer products with embedded camera modules, including third-generation cleaning robots, and high-precision navigation controllers, such as those used in smart vehicles.

The group's visual simultaneous localization and mapping (vSLAM) technologies are capable of millimeter-level positioning and use integrated high-accuracy algorithms.

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Keywords:   FINANCING,Qfeeltech,AI,Robot