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Recently, Aqrose Technology and XYZ Robotics (full name: XYZ Robotics Shanghai Inc.) reached a comprehensive strategic cooperation in the direction of AI+3D+Robotics technology; both will give full play to their respective technical and resource advantages in the field of logistics and industrial AI inspection and launch a full range of cooperation in technology research and development and industry applications to jointly provide customers with the ultimate products and services.
XYZ Robotics is committed to accelerating the era of fully autonomous robot sensing and operation, and to rapidly implementing leading-edge technologies with a focus on production-side application. With 3D vision + motion planning and control + full stack technology of fixture design, the company provides a full set of product solutions for logistics and manufacturing industries, including chaotic sorting of small items, depalletizing, industrial loading and unloading, and assembly. Headquartered in Shanghai, the company was founded in 2018 and has raised nearly $70 million in financing. Its products have been widely used in e-commerce, express delivery, auto parts, daily chemical, pharmaceutical, consumer goods and other industries of the head enterprises. The acceleration of product-made-available and financing valuation both lead the track they are in. The company's founding team consists of Dr. Zhou Jiaji from Carnegie Mellon University in robotics, Dr. Yu Guanting from MIT in electronic information engineering, and Mr. Xingliang Libo from Peking University in economics. The technical team comes from top science and technology universities at home and abroad and is determined to create transformative technologies that enhance productivity.
Aqrose technology was founded in 2017, and its core team originates from Tsinghua University AI Lab, focusing on applying leading AI and machine vision technologies to the industrial sector to empower China's most outstanding advanced manufacturing and smart logistics customers. Its products such as the AI industrial vision platform software AIDI, vertical industry AI solutions, and AIPICK have been widely used in consumer electronics, automotive, new energy, pharmaceutical, semiconductor, logistics, and other industry scenarios, and AIDI has been deployed in over a hundred factories, including dozens of benchmark companies in advanced manufacturing and intelligent logistics, and has become the leader of industrial AI platforms in China.
Xingliang Libo, co-founder of XYZ Robotics, said that the strategic cooperation was made possible by the fact that both XYZ Robotics and Aqrose Technology share a common philosophy of customer-focus and product performance as their core competency. The in-depth cooperation between the two parties in technology and supply chain will certainly bring more competitive products and service capabilities to the logistics depalletizing and industrial AI inspection sector. We appreciate Aqrose Technology's practical and realistic approach, and look forward to this collaboration to accelerate the implementation of the AI vision and its applications at a scale.
Zheng Huiwei, co-founder of Aqrose Technology, said that the logistics and industrial AI inspection market has gradually moved from the "Diversified" era to the "Shifting Towards the Head Companies" era, and this Pareto Principle will become increasingly obvious in the future. XYZ Robotics is a well-known company with cutting-edge robotics technology in China and with a strong R&D capability and Aqrose Technology is a company focused on vision with AI software. Both companies not only complement each other technically, but also adhere to the same practical style, putting the customer at the center and truly solving practical problems for them. By joining hands and forces, this cooperation will bring greater product innovation and better customer service to the industry.
In the future, Aqrose Technology and XYZ Robotics will play to their strengths and join forces to promote the application of the AI+3D+Robotics technology in logistics, automotive and other fields, and jointly help customers achieve digital and intelligent transformation, improve quality, increase efficiency, and reduce costs.