Chinese companies have entered the fast lane in driverless technology commercialization in wider industrial areas as several autonomous driving firms have gained momentum in robo-sweepers, robo-trucks, robo-forklifts and other autonomous applications.
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Beijing J-Elephant Technology Co Ltd, an forklift autonomous mobile robot manufacturer, announced on Wednesday it has raised nearly 100 million yuan ($15 million) in its angel and pre-A rounds of fundraising.