Shita Robotics Completes Angel Round with Huawei Hubble Participation

Shenzhen Shita Robotics Technology Co., Ltd. (Shita Robotics) has announced the completion of its angel funding round. The round was backed by investors including Huawei's Hubble Investment, Shenzhen High-Tech Investment's fund, and Gaoxuan Investment, with Multi-Dimensional Capital acting as the exclusive financial advisor. Shita Robotics focuses on robotics technology R&D, and the funds will be used for product development, team expansion, and market expansion. Huawei Hubble Investment is Huawei's investment arm, Shenzhen High-Tech Investment is backed by the Shenzhen government, and Gaoxuan Investment specializes in early-stage tech investments. This round marks Shita Robotics' debut in the capital market and highlights the growing interest in robotics from major tech players and government-backed funds. The company is expected to accelerate its R&D efforts and commercialization with the new capital. The angel round signifies increasing investor confidence in China's robotics sector.