SHANGHAI -- Chinese startup JAKA Robotics announced on Wednesday that it has secured a total of 1 billion yuan ($148 million) from SoftBank Vision Fund 2 and other investors to step up its development and marketing of collaborative robots that work in the same space as humans.
The Shanghai-based company founded in 2014 raised funds from Singapore's Temasek Holdings and Prosperity 7 Ventures, a growth fund belonging to Aramco, Saudi Arabia's state-owned oil company.
