Horizon Robotics Completes $100 Million Series A Financing

On May 28, Horizon Robotics announced that its subsidiary Digua Robotics had completed a $100 million Series A financing round, with participation from Hillhouse Capital, 5Y Capital, Linear Capital, Jiuhe Ventures, Meihua Ventures, Huangpujiang Capital and other well-known investment institutions. Digua Robotics has established a complete product system from chips to algorithms to software, which can meet the needs of intelligent robots in different scenarios. It plans to launch the RDK S100 robot development kit in June. The platform has a computing power of 100 TOPS and is suitable for various types of robots.