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Flexiv

Flexiv Ltd.
TypePrivate
IndustryAutomation
FoundedJune 2016
FounderShiquan Wang (CEO)[1]
HeadquartersShanghai
Area served
Worldwide
ProductsAdaptive robots
Websitewww.flexiv.com

Flexiv Ltd. is a robotics company[2] founded by Shiquan Wang in 2016[3] that manufactures adaptive robots.[4] The company's primary products include Rizon and Moonlight robots.[5] It also manufactures end effectors and grippers.[6] The firm originated out of Stanford University,[7] and it once used Nvidia's Isaac Replicator.[8]

Headquartered in Shanghai,[9] Flexiv has established operations in the U.S.[10] and Singapore.[11] The company was financed by Plug & Play Ventures,[12] Gaorong Capital,[13] and YF Capital.[14] In the second half of 2020, it began mass-producing robots.[15] In the same year, it was included in an analysis report on cobots published by Frost & Sullivan.[16] In May 2024, the firm collaborated with Siemens.[17] In September, it attended the TAiROS Exhibition in Taipei.[18]

History

Flexiv was established in 2016. In 2019, it introduced the Rizon robot.[19] In the same year, it exhibited at the Hannover Messe.[20] In December 2020, the company completed a Series B funding round of more than $100 million.[21]

In June 2022, Flexiv became a unicorn company.[22] In February 2023, it participated in the IME West Show in California.[23] In September 2024, it developed an automated fish fillet shaping solution.[24]

References

  1. ^ Jair Hilburn, Forbes Staff. "Flexiv strengthens its U.S. presence". Forbes. March 8, 2022. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  2. ^ "Robotics Company Flexiv Expands Into Malaysia". The Wall Street Journal. August 26, 2022. Retrieved April 15, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  3. ^ Du Zhihang; Bao Yunhong; Liu Peilin. "Mass Production of Humanoid Robots Nears Inflection Point". Caixin. March 22, 2025. Retrieved April 15, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  4. ^ Anthony Ha (December 30, 2020). "Amazon acquires Wondery". Yahoo News. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  5. ^ Liu Zhongxing (March 22, 2023). "Flexiv Launches the Moonlight Robot". DigiTimes. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  6. ^ Evan Ackerman (February 6, 2024). "Robotic Tongue Licks Gecko Gripper Clean". IEEE Spectrum. Archived from the original on December 28, 2024.
  7. ^ Loukia Papadopoulos (February 18, 2023). "'Moonlight': World's first force-controlled parallel robot is here". Interesting Engineering. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  8. ^ Dean Takahashi (January 3, 2023). "Nvidia advances robot simulation with updates to Isaac Sim". VentureBeat. Archived from the original on December 28, 2024.
  9. ^ "Robots, Cameras, and More: World AI Conference Highlights". Sixth Tone. September 5, 2022. Archived from the original on March 24, 2023.
  10. ^ Jair Hilburn, Forbes Staff. "Forbes Releases the List of America's Best Startup Employers for 2022". Forbes. March 8, 2022. Archived from the original on April 25, 2022.
  11. ^ Puja Mitra (February 6, 2023). "Flexiv Launches 'Moonlight' Parallel Robot". Engineering.com. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  12. ^ Imran Naqvi (December 31, 2020). "Flexiv Robotics raises over $100M in series B round". S&P Global. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  13. ^ "Flexiv Receives New Round of Investment From Meituan and Gaorong Capital". FinSMEs. January 4, 2021. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  14. ^ "Telehealth Providers Set to Face Pressure to Bulk Up in 2021". The Wall Street Journal. January 4, 2021. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  15. ^ Deepti Sri (December 31, 2020). "Flexiv Ltd. Launches the 100th Adaptive Robot". Tech in Asia. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  16. ^ "Frost Radar™: Collaborative Robots, 2020". Frost & Sullivan. December 16, 2020. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  17. ^ Mike Santora (May 28, 2024). "Flexiv joins the Siemens Xcelerator Ecosystem to provide adaptive robotic solutions to China". Design World. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  18. ^ "Flexiv Launches 'Moonlight' Adaptive Delta Robot". MENAFN. September 11, 2024. Archived from the original on December 28, 2024.
  19. ^ Evan Ackerman; Erico Guizzo; Fan Shi (April 5, 2019). "Video Friday: This Toyota Basketball Robot Shoots 3-Pointers Better Than You". IEEE Spectrum. Archived from the original on December 28, 2024.
  20. ^ "Flexiv presents its latest products at Hannover Messe". Yahoo News. January 4, 2020. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  21. ^ Rita Liao (December 30, 2020). "China's adaptive robot maker Flexiv raises more than $100 million". Yahoo News. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  22. ^ Eudora Wang (June 30, 2022). "Chinese adaptive robot maker Flexiv joins unicorn club after $100m Series B+ round". DealStreetAsia. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)
  23. ^ Rehana Begg (February 8, 2023). "Product Teasers for a Productive Booth Crawl at IME West 2023". Machine Design. ISSN 0024-9114. Archived from the original on November 28, 2024.
  24. ^ Rob Spiegel (September 26, 2024). "Robots Take on Human Work in Fish Production". Design News. ISSN 0011-9407. Retrieved March 29, 2025.{{cite web}}: CS1 maint: deprecated archival service (link)

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