Zero Zero Robotics, a Beijing, China-based robotics company, raised $25M in total funding including a $23M Series A round.
Backers included IDG, GSR Ventures, ZhenFund, Zuig and others.
Co-founded in 2014 by former Twitter software engineer and Stanford PHD MQ Wang, and Stanford PHD Tony Zhang, Zero Zero Robotics has also unveiled its Hover Camera, a portable autonomous flying camera designed to let anyone capture exciting moments indoors and out, from creative new perspectives by leveraging Embedded AI to navigate the environment, which combines artificial intelligence with a small PCB, to run complex AI algorithms.
The company, which has a team of 70 in offices in San Francisco, Shenzhen, and Hangzhou, intends to use the funds to introduce Hover Camera to the public.
FinSMEs
26/04/2016