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Stanford’s Biomimetics and Dexterous Manipulation Lab has developed a dry adhesive tape inspired by gecko feet. The adhesive was recently featured in an informational video on the popular YouTube channel Veritasium.
China’s adaptive robot maker Flexiv raises over $100 million
As businesses around the world look to automate production lines and supply chains, companies making the robots are attracting great investor interest. The latest to get funded is Flexiv, which closed a Series B round north of $100 million from investors including China’s on-demand services giant Meituan, TechCrunch learned.
Other major investors in the strategic round are Chinese venture capital firm Meta Capital (元知资本), major Chinese agricultural company New Hope Group, private equity firm Longwood, Jack Ma’s YF Capital, prominent Chinese venture capital firms Gaorong Capital and GSR Ventures, as well as Plug and Play’s China and U.S. ventures. The new round boosted the startup’s capital raised so far to over $120 million.