Shihang has secured one other spherical of financing.
Within simply three months after efficiently finishing its Angel + and Pre – A rounds of financing, Shihang Intelligence, a worldwide chief in marine embodied robots, has as soon as once more closed a number of rounds of financing price lots of of hundreds of thousands of yuan.
The Series A financing was led by Vertex Ventures, with comply with – on investments from Changshi Capital and Suzhou Venture Capital Group (Suzhou Mother Fund). Existing shareholder GSR Ventures additionally participated in further funding. The Pre – A+ spherical was invested by Jinglue Ventures. Anyu Capital serves as the corporate’s lengthy – time period unique monetary advisor, and Shi Hui Law Firm serves because the lengthy – time period authorized advisor.
Vertex Ventures was the only institutional investor in Unitree’s Pre – A spherical and can be the lead investor in Shihang’s Series A spherical. For Zhu Xiaohu of GSR Ventures, Shihang marks the third consecutive funding in the identical mission after the Didi and Xiaohongshu circumstances.
The sequence of financing will assist the corporate speed up product and expertise iterations, promote the mass manufacturing of embodied robots and core elements, and additional consolidate its international main place in the sphere of marine embodied robots.
Recently, Shihang’s Orca Marine Embodied Robot underwent a scientific and technological achievement appraisal organized by the Ministry of Transport. After being reviewed by an authoritative crew composed of consultants from numerous industries, together with the International Air Sports Federation, Waterborne Transport Institute of the Ministry of Transport, China Institute of Navigation, National Maritime Administration, China Classification Society, National Standardization Committee, Dalian Maritime University, Shanghai Maritime University, Yangtze River Waterway Bureau, Navy Submarine Academy, and Northwestern Polytechnical University, it was extremely appraised as internationally main.
1. Reconstructing the “Marine Super Productivity” with Embodied Intelligence
As the one marine embodied robotic firm invited to attend the navy parade on September third this 12 months, Shihang is the one robotic firm globally with the flexibility to function throughout the complete ocean depth from 0 to 10,000 meters and with full levels of freedom.
With the mission of “building super marine productivity”, Shihang has damaged via the constraints of conventional human and mechanical operations and achieved multi – situation protection from inshore ports to deep – sea areas.
Currently, Shihang’s enterprise community covers greater than 20 core ports at house and overseas. It has taken the lead in deploying in international delivery hubs corresponding to Hong Kong, China, and Singapore, turning into a key power in selling the clever improve of ports, unmanned operation and upkeep, revolution in delivery effectivity, and deep – sea operations.
Founder Chen Xiaobo, a “technology enthusiast” who graduated from Harbin Engineering University, a number one college in marine science, has been devoted to marine robots for 18 years. At the age of 35, he was awarded the title of senior engineer. He has led greater than 20 nationwide and provincial main initiatives, gained the championship of the China Robot Competition for 3 consecutive classes, was named a “Young Scientist for Marine Power”, and is the youngest recipient of the First – Class Award for National Defense Science and Technology Progress. He is named the “First Person in Marine Embodied Intelligence”.
2. Technologically Leading and Continuously Recognized with National – Level Awards
Many business consultants have talked about that “DJI rules the sky, Unitree dominates the land, and Shihang leads the underwater world.” They imagine that Shihang’s expertise in the sphere of marine embodied robots is globally main.
Through ahead – trying technological structure, Shihang has achieved full self – analysis on six core methods, together with energy, management, sensing, communication and navigation, waterproof sealing, and energy deployment, with key efficiency indicators breaking business limits.
In August this 12 months, the mission “General Marine Robots and Intelligent Core Equipment for Port and Shipping” collectively developed by Shihang, China Merchants Energy Shipping Co., Ltd., Shandong Port Group, and Harbin Engineering University gained the First – Class Award for Scientific and Technological Progress of the China Federation of Logistics and Purchasing, the very best award in China’s logistics expertise subject.
In August, the analysis consequence of Shihang’s “AI – Driven Underwater Cleaning and Inspection Robot” gained the First – Class Award for Scientific and Technological Achievements of the China Association for Science and Technology.
In September, on the first Embodied Intelligence Professional Competition of the 14th China Innovation and Entrepreneurship Competition hosted by the Torch High – Technology Industry Development Center of the Ministry of Industry and Information Technology, Shihang gained the nationwide finals championship.
In November, Shihang’s Orca Marine Embodied Robot underwent a scientific and technological achievement appraisal organized by the Ministry of Transport and was extremely appraised as internationally main.
In addition, Shihang has been acknowledged as a nationwide excessive – tech enterprise, a nationwide commonplace – modern enterprise, and a possible unicorn in Jiangsu Province, constantly receiving nationwide – stage endorsements. The firm has established greater than 300 mental property obstacles, main the business by a big margin.
3. Contributing to the Construction of a Marine Power and Accelerating Full – Scenario Implementation
Centered round basic – goal embodied robots, Shihang has turn out to be a key power in selling the event of new marine productiveness in a number of necessary fields.
The firm was the primary to realize a big – scale industrial closed – loop in the situation of clever underwater ship cleansing. As the main unit, it collectively formulated business requirements in this subject with the Ministry of Transport, China Merchants Energy Shipping Co., Ltd., COSCO Shipping, Guoneng Port Services Co., Ltd., Shandong Port Group, Fujian Shipping Group, Huayang Maritime Services Co., Ltd., and Harbin Engineering University. Shihang’s robots have accomplished the environment friendly upkeep of 1000’s of massive ships and have been totally deployed by international main clients corresponding to China Merchants Energy Shipping Co., Ltd. and COSCO Bulk.
During the China International Import Expo in Shanghai in November this 12 months, Shihang’s robots have been chargeable for underwater safety in the core waters of the Huangpu River, demonstrating their dependable operation capabilities in excessive – sensitivity eventualities.
Based on the identical basic – goal embodied platform and the flexibility to function in excessive underwater environments at depths of as much as 10,000 meters, the corporate’s enterprise has expanded to key fields corresponding to marine photovoltaics, offshore wind energy, submarine pipelines, and port pile basis inspections. Its service community covers main coastal cities in China and has entered worldwide markets in Southeast Asia and the Middle East. The firm has additionally accomplished technological reserves and answer verifications in strategic eventualities corresponding to deep – sea mineral exploration and submarine information heart operation and upkeep.
Shihang will proceed to contribute to and promote the development of a marine energy, speed up the exploration of chopping – edge applied sciences and international market structure, lead the marine business into a brand new period of environment friendly, secure, and sustainable intelligence, and constantly develop the boundaries of human marine productiveness.
Xia Zhijin, Managing Partner of Vertex Ventures:
Underwater robots have vital benefits in lowering prices and rising effectivity in harmful, soiled, and labor – intensive eventualities, and the commercialization of this subject has reached a essential turning level. With practically 20 years of technological accumulation, Shihang Intelligence’s crew leads the world in core applied sciences corresponding to waterproofing and propulsion. Founder Chen Xiaobo combines skilled information with enterprise administration expertise, and his down – to – earth and targeted type makes buyers belief him. We are firmly optimistic in regards to the crew and the corporate’s improvement prospects.
Wang Gongbin, Founding Partner of Changshi Capital:
Top – notch entrepreneurs are mission – pushed. Xiaobo has been devoted to underwater robots for 18 years. He has expertise, ardour, and enterprise acumen, which is precisely what we’re in search of in an entrepreneur. Just as DJI is the chief in the sky, Shihang is the chief underwater. We firmly assist Xiaobo’s crew!
Zhu Xiaohu, Managing Partner of GSR Ventures:
The advanced and harsh marine atmosphere is one of essentially the most difficult but in addition most dear eventualities for the appliance of embodied robots. Shihang is a really uncommon crew in the business with profound technological accumulation, engineering expertise, a way of mission, and robust execution skill. The Orca robotic has proven clear industrial potential in eventualities corresponding to ship cleansing and marine photovoltaics. We are firmly optimistic that Shihang will use its unbiased expertise to create a benchmark for brand spanking new marine productiveness and really unlock the trillion – greenback blue ocean of the marine economic system.
Sun Yuandong, General Manager of Suzhou Venture Capital Group’s Angel Mother Fund:
Suzhou Venture Capital Group and its Angel Mother Fund have at all times been making funding layouts round nationwide methods. In an period when the technique of constructing a marine energy and area exploration go hand in hand, Shihang Intelligence, with the deep sea as its anchor level, is remodeling its profound technological accumulation into scalable new marine productiveness. We have lengthy – time period and agency assist for Shihang and stay up for the crew persevering with to construct on its deep – sea robots, not solely exploring the trillion – greenback blue ocean of the marine economic system but in addition contributing strong energy to China’s exploration of the huge universe with the expertise and engineering system honed in the “last frontier” of the Earth.