Zhejiang University's NEXFORM Secures Tens of Millions in Seed Funding and Major Contracts
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Zhejiang University's incubated company, Hangzhou Yudao Artificial Intelligence Technology Co., Ltd., has successfully completed a seed funding round of tens of millions of yuan. Investors include Gobi Partners and Zheda Youchuang. This achievement marks a significant milestone for the university's Science Park and its talent project integration model.
NEXFORM, focusing on general embodied robots and embodied intelligence solutions, has signed contracts worth hundreds of millions of yuan, covering over 100 million square meters of property area. This indicates a robust business model supported by substantial orders, particularly in the hotel and property management sectors, where robots can efficiently handle delivery, inspection, and cleaning tasks.
The incubation model employed by Zhejiang University Science Park combines university expertise, local government resources, and market investment, enabling rapid funding and contract acquisition for innovative projects. This approach highlights the potential for academic institutions to drive technological advancements into real-world applications, with NEXFORM exemplifying this integration in the robotics field.
Original report
Zhejiang University's NEXFORM Secures Tens of Millions in Seed Funding, Contracts Exceeding 100 Million Yuan
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