Beijing Construction Robotics Firm Raises Tens of Millions in A+ Round
Fangshi Robotics, a Beijing-based company dedicated to automating and upgrading construction sites, has announced the completion of its A+ round of financing, raising tens of millions of yuan. The investment was led by Jinan Quehua Science and Technology Innovation Investment, with the funds earmarked for the construction of new production bases and expansion of manufacturing capacity.
Founded in 2019, Fangshi Robotics focuses on integrating robotic bodies, intelligent control systems, and construction-specific applications. The company aims to drive the unmanned and intelligent transformation of the construction industry by developing advanced robotic solutions that operate in complex site environments.
This latest injection of capital is expected to accelerate the deployment of Fangshi's technologies in real-world projects, addressing labor shortages and safety concerns in construction. By enhancing its production capabilities, the company plans to scale up its offerings and solidify its position in the emerging field of construction robotics.