ForwardX Robotics

company

About

ForwardX Robotics specializes in R&D of computer vision robots that apply to consumer and business products.

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$38M
Industries
Industrial Automation,Information Services,Information Technology,Logistics,Manufacturing,Robotics,Software
Founded date
Apr 1, 2016
Number Of Employee
251 - 500
Operating Status
Active

ForwardX Robotics is a global technology developer in the fields of AI and Robotics, with over 200 pending patents and a team of over 250, including 120 engineers of which 10 hold PhDs. With team members hailing from top universities and leading companies, ForwardX is comprised of the world’s top computer vision scientists and robotics experts as shown by its award-winning work, such as 2 1st-Place Prizes at TRECVID and 1st Place Prize for IEEE’s VOT-RT. ForwardX is committed to creating value for its customers through the development of cutting-edge Autonomous Mobile Robotics. Offering a range of solutions, ForwardX aims to address a number of significant pain points for its customers within the logistics and manufacturing industries. These pain points include rising labor costs, difficulty in finding and filling jobs, inefficient processes and low productivity, rising safety concerns, and more. For more information, visit forwardx.com.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$69M
ForwardX Robotics has raised a total of $69M in funding over 2 rounds. Their latest funding was raised on Dec 14, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 14, 2021 Series C $31M 1 Detail
Mar 23, 2021 Series B $38M 2 Angel Around
Dohold Capital
Detail

Investors

Number of Lead Investors
Number of Investors
2
3
ForwardX Robotics is funded by 3 investors. Angel Around and Dohold Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Angel Around Yes Series B
Dohold Capital Yes Series B
Haochen Capital Series C