On September 12, 2024, Quicktron Intelligent, a technology company focused on intelligent mobile robots for 10 years, announced the completion of its Series D financing round, raising over 100 million USD. This round was jointly invested by Jindujuan Private Equity, Farglory Group, Wuxi Liangxi Venture Investment, and Weifang Yanfei Industrial Fund. As a leader in global smart warehousing and logistics solutions, Quicktron Robotics is dedicated to providing efficient and flexible logistics automation services through its self-developed mobile robots and intelligent systems, continuously promoting the digital and intelligent transformation of the global warehousing and logistics industry.
Company Vision
Quicktron Intelligent aims to become a global leader and pioneer in hybrid on-site logistics automation, delivering more efficient and precise logistics automation solutions. With its exceptional technological capabilities and extensive project experience, the company has successfully provided customized intelligent logistics services to various industries, including e-commerce, manufacturing, retail, and third-party logistics, achieving significant success worldwide.
Product Innovation and Solution Design
Quicktron Intelligent is always at the forefront of product innovation and solution design. With its globally pioneering dual-model collaboration solution, QuickBin, the company combines high-efficiency, high-storage, and highly stable intelligent container robots with compact, lightweight, and cost-effective intelligent transport robots. This integration achieves an optimal combination of “dense storage + goods-to-person picking,” effectively addressing the pain points of low efficiency in manual operations under the demands of “ultra-high inbound and outbound traffic,” such as split picking and massive SKU returns. This solution has received widespread recognition from customers.
Use of Funds
The funds raised in this round of financing will primarily be allocated to the following areas:
- International Market Expansion
Quicktron Intelligent will strengthen its overseas market expansion and accelerate the promotion of its solutions globally. The company plans to expand its overseas team and deepen collaborations with local partners to better understand the needs of customers in different regions and provide customized services to meet global market demands.
- Product Innovation and User Experience Enhancement
The company will continue to optimize its products to enhance stability and user experience. More resources will be invested in collecting and analyzing user feedback to ensure that products meet actual usage scenarios while offering more personalized and intelligent services.
Investor Comments
The General Manager of Liangxi Science and Technology Innovation Industry Investment Fund stated: “Quicktron Intelligent’s innovation capabilities and market performance in smart logistics and intelligent manufacturing have left a deep impression on us. As an important member of China’s intelligent robotics industry chain, Quicktron Robotics has significant development potential globally. Through this collaboration, we believe Quicktron will further solidify its market position and play an increasingly important role in the global robotics sector.”
Management Statements
Yang Wei, Founder and CEO of Quicktron Intelligent, stated: “This financing is a significant milestone in Quicktron’s internationalization strategy and a powerful boost for our continued efforts in overseas markets. As the global demand for smart warehousing and logistics solutions continues to grow, we will leverage the funds from this financing round to further strengthen our presence in major overseas markets and enhance our global service capabilities. We will continue to drive technological innovation, tailor our solutions to meet local customer needs and consolidate Quicktron’s leading position in the global smart logistics industry. We appreciate the trust and support of our investors, and we look forward to working together to bring China’s smart logistics technology to the world.”
Xie Xuan, Partner and CFO of Quicktron Intelligent, added: “In the context of a globalized economy, the success of this financing will significantly accelerate Quicktron Robotics’ expansion into international markets. The support from our investors not only recognizes and trusts our team but also serves as a strong backing for the company’s development in a complex international trade environment. We look forward to collaborating with all our investors to embark on a new chapter for Quicktron Intelligent.”
