ForwardX Robotics
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ForwardX Robotics is a Beijing-headquartered Robotics company, and has marketing efforts based in San Jose, California.[1][2][3] It is best known as an autonomous luggage maker, [4]was founded by Nicolas Chee in 2016. [5]ForwardX Robotics has raised $10 million in a new round of funding. [6]Besides its best known self-driving product - Ovis (originally known as CX-1), ForwardX also has embedded its ‘self-driving’ technology into a factory flatbed truck that is being used in some of the warehouses. [7] [8]It is aiming to explore the creation of mobility machines for last-mile deliveries. [5]
History:
Founded by former Oracle executive Nicholas Chee in late 2016 in Beijing, China.[5][9]Raised $1 million from angel investors, and $10 million from Series A round co-led by CDH Venture and Eastern Bell Venture Capital. Both rounds bring the company’s total venture funding to $11 million USD. [1][10][11]The company debuted its first product - auto-follow robotic suitcase, CX-1 (now named as ‘Ovis’) - at the CES Unveiled preview show in 2018. [8][12]At CES, the suitcase could only follow a person from behind. Since then, the company has improved functionality so the suitcase can follow its owner side-by-side, the company markets the function as ‘side-follow’, when it was launched four months later on Indiegogo. [13]Ovis may be a first step for ForwardX Robotics toward a broader portfolio of autonomous vehicles, [1]but won’t be the only tech the company will be unpacking. [3]The startup already provides a self-driving factory flatbed truck currently in use at some warehouses in China. [7]The company is exploring the creation of mobility machines for last-mile deliveries, case in point, the kind Marble uses for restaurant deliveries and Starship Technologies uses on corporate and university campuses. [6]
Founder:
Nicholas Chee was a former Oracle executive. [5]He studied electrical engineering at Beijing's University of Science and Technology and won China's prestigious Robocon competition in 2003. [7]
Products:
Ovis
Ovis is a smart suitcase with features like side-following,removable battery bank( lithium-ion batteries), 2 USB charging ports and TSA-approved lock.[7] It raised over 1.4 million dollars on Indiegogo.
References:
- ↑ 1.0 1.1 1.2 Rowley, Jason D. ForwardX Raises $10M Series A For Its Self-Driving Suitcase. Crunchbase News. 2018-05-29 [2018-12-21] (美国英语).
- ↑ Friederich, Brandon. The World's First 'Vision-Powered' Smart Suitcase Will Follow You Anywhere. Maxim. [2018-12-21] (美国英语).
- ↑ 3.0 3.1 PYMNTS. ForwardX Nabs $10M In Financing Round. PYMNTS.com. 2018-06-04 [2018-12-21] (美国英语).
- ↑ Top tech startup news stories you need to know this Wednesday, May 30. Technology Startups News | Tech News. 2018-05-30 [2018-12-21] (美国英语).
- ↑ 5.0 5.1 5.2 5.3 China Digest: CDH invests in ForwardX; Foxconn backs Youdian's $22m round. DealStreetAsia. [2018-12-21] (美国英语).
- ↑ 6.0 6.1 ForwardX raises $10 million for AI-powered luggage that follows you. VentureBeat. 2018-05-29 [2018-12-21] (美国英语).
- ↑ 7.0 7.1 7.2 7.3 Sin, Ben. This Beijing Startup Designed An Autonomous Robot Suitcase With Facial Recognition. Forbes. [2018-12-21] (英语).
- ↑ 8.0 8.1 The Ovis Smart Luggage Followed Me Around So Well I Might Buy It. Tom's Guide. [2018-12-21] (英语).
- ↑ ForwardX Raises $10 Million for Self-Pushing Luggage: Travel Startup Funding This Week. Skift. 2018-06-01 [2018-12-21] (美国英语).
- ↑ ForwardX Secures $10 Mn Funds to be Used for Launching Ovis, An AI Self-Driving Suitcase. ReadITQuik. [2018-12-21].
- ↑ Luggage maker raises fresh funding | PitchBook. pitchbook.com. [2018-12-21].
- ↑ ForwardX CX-1 suitcase uses facial recognition to follow you. Mail Online. 2018-01-08 [2018-12-21].
- ↑ Brady, Paul. This $800 Robot Suitcase Will Follow You Around the Airport. Condé Nast Traveler. [2018-12-21] (英语).