On September 12, 2024, Quicktron Robotics, a technology company focused on the smart mobile robotics sector for 10 years, announced the completion of its Series D financing, raising over one hundred million US dollars.

This round of funding was co-led by Golden Oriole Capital, FarGlory Group, the Wuxi Liangxi Technology Innovation Fund, and the Weifang Yuanfei Industrial Fund. As a global leader in intelligent warehousing and logistics solutions, Quicktron Robotics is committed to providing customers with efficient, flexible logistics automation services through its self-developed mobile robots and smart systems. The company continues to drive the digitization and automation of the global warehousing and logistics industry.

Company Vision

Quicktron Robotics aims to become a global leader in hybrid on-site logistics automation, providing more efficient and precise logistics automation solutions. With its strong technological capabilities and extensive project experience, the company has successfully delivered customized intelligent logistics services to industries such as e-commerce, manufacturing, retail, and third-party logistics, achieving remarkable success worldwide.

Product Innovation  

Quicktron Robotics leads the industry in product innovation and solution design with its globally advanced dual-machine collaboration solution, QuickBin. By combining high-efficiency, high-storage, and high-stability intelligent bin robots with compact, flexible, and cost-effective transport robots, Quicktron has optimized the "dense storage + goods-to-person picking" model. This solution effectively addresses the inefficiency in manual operations for "split picking and massive SKU returns" under the "ultra-high inbound and outbound flow" demands, gaining widespread recognition from customers.

Use of Funds  

The funds raised in this round will primarily be used for:

• Global Market Expansion: Quicktron Robotics will intensify its overseas market expansion, accelerating the promotion of its solutions globally. The company plans to grow its overseas teams and deepen cooperation with local partners to better understand regional customer needs and offer customized services to meet global market demands.

• Product Innovation and User Experience Enhancement: The company will continue to optimize its products, improving stability and user experience. Additional resources will be allocated to collecting and analyzing user feedback to ensure the products meet real-world usage scenarios while offering more personalized and intelligent services.

Investor Remarks

The General Manager of the Liangxi Technology Innovation Fund commented, "Quicktron Robotics has impressed us with its innovative capabilities and market performance in the intelligent logistics and smart production sectors. As a key player in China's intelligent robotics industry chain, Quicktron has significant growth potential globally. We believe that through this partnership, Quicktron will further solidify its market position and play an increasingly important role in the global robotics sector."

Management Remarks

Yang Wei, founder and CEO of Quicktron Robotics, said, "This financing round marks a significant milestone in Quicktron Robotics' international strategy and serves as a strong boost to our deep expansion into overseas markets. As global demand for intelligent warehousing and logistics solutions continues to grow, Quicktron will fully utilize the funds from this financing to strengthen its presence in key overseas markets and enhance its global service capabilities. We will continue to drive technological innovation, tailoring our solutions to local customer needs, providing highly customized intelligent solutions, and reinforcing Quicktron's leading position in the global smart logistics industry. We sincerely thank our investors for their trust and support, and we look forward to working together to bring China's intelligent logistics technology to the world."

Xie Xuan, partner and CFO of Quicktron Robotics, added, "In the context of a globalized economy, this successful financing will significantly accelerate Quicktron Robotics' global market expansion. The capital support is not only recognition and trust in our team but also a strong backing for the company's growth amid a complex international trade environment. We are excited to work with all investors to usher in a new chapter for Quicktron Robotics."

About Quicktron Robotics

Founded in 2014, Quicktron Robotics is a high-tech company specializing in intelligent warehousing robots and automated logistics solutions. The company, through its self-developed robotic products and intelligent systems, has provided efficient intelligent logistics services to industries such as e-commerce, manufacturing, retail, and third-party logistics. In recent years, the company has continuously expanded its international business footprint, with its solutions successfully deployed in countries and regions such as Europe, South America, North America, Japan, South Korea, Australia, and Southeast Asia, offering customized intelligent logistics solutions and services to clients worldwide.

This financing marks another leap forward for Quicktron Robotics. In the future, the company will continue to focus on technological innovation and market expansion, aiming to bring more innovation and transformation to the global logistics industry.