Standard Robots Announces 100 Million Yuan Series B Funding Round, Co-Led by Lightspeed and Source Code Capital

Standard Robots, an industrial flexible logistics service provider, recently completed a RMB 100 million Series B round led jointly by Lightspeed China Partners and Source Code Capital. The funds will be used primarily for product line upgrades, mass production, and overseas market expansion.

Standard Robots had previously raised a Series A round of tens of millions of RMB in October 2018 from Guoke Jiahe, followed by a strategic investment from MiraclePlus in May 2020. Both of these earlier rounds are being disclosed for the first time.

After four years of development, Standard Robots has achieved full coverage of top-tier customers in the 3C industry — deploying robots at scale in specific customer project scenarios, integrating its robot fleet management system with MES data, and validating the market value of industrial flexible logistics.

Mobile Workstation

Looking ahead, Standard Robots will pursue a T-shaped strategy, penetrating across both vertical and horizontal dimensions to achieve full-scenario, cross-industry coverage.

Vertically, as production processes become increasingly decoupled, the company will expand from covering individual processes or workshop scenarios to encompassing entire factory production operations. It aims to break down data silos within factories, achieve coordination between logistics and production processes, and provide end-to-end solutions spanning cross-process workshops, floors, and even multiple buildings — further closing the value loop in 3C industry project scenarios.

Horizontally, Standard Robots will expand into logistics automation scenarios in other industries such as auto parts and new energy, broadening the scope of its product and service coverage.

Flexible Logistics Solutions

Cross-industry horizontal expansion requires meeting the needs of diverse industry customers. Standard Robots focuses on reducing delivery costs by improving the generality of its solution technology, achieving scalable capabilities at the software level through its vehicle operating system and cloud-based logistics system, thereby building a cross-industry logistics data platform.

Another key element of horizontal expansion is entering overseas markets with higher industrial automation levels and broad demand for logistics automation. Standard Robots has already achieved small-scale project deployments in Japan and the United States.

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