Intelligent robot company Yushu Technology completes nearly 1 billion yuan in B2 round of financing

Hangzhou Yushu Technology Co., Ltd., an intelligent robot company, announced that it had completed its B2 round of financing before the Spring Festival in 2024, raising nearly 1 billion yuan. Investors in this round include Meituan, Jinshi Investment, Source Code Capital, and old shareholders Shenzhen Capital Group, China Internet Investment, Rongyi, Dunhong and Mida Junshi followed suit. The company said that the funds will be mainly used for product research and development, business expansion, and team building.