Facts

• Segment: Industrial
• Country: China
• Founded: 2019
• Website: https://www.frtech.fr/

Profile sections

• Summary
• Market context
• Facts
• Funding
• Investors
• Context / Market Position
• Events
• Operations / Deployments
• Team
• Context tags
• Sources

Summary

FAIRINO builds collaborative robots, robot control systems and application software for industrial automation. Founded in 2019, the Suzhou company has in-house research and production capabilities and closed a Series B financing round of more than $50 million in 2023.

Market context

FAIRINO builds collaborative robots, robot control systems and application software for industrial automation. Founded in 2019, the Suzhou company has in-house research and production capabilities and closed a Series B financing round of more than $50 million in 2023.

Facts

• Website: https://www.frtech.fr/
• HQ: Suzhou, Jiangsu, China
• Founded: 2019
• Segment: Industrial
• Known funding rounds: 1

Funding

• 2023-08-10 - Series B - $50M - FAIRINO closes Series B round above $50 million - source: frtech.fr

Investors

• Alibaba - Participant - Corporate / Cvc - 1 funding event - strategic/corporate - first seen 2023-08-10
• Hillhouse Venture Capital - Participant - Vc - 1 funding event - first seen 2023-08-10
• Meituan Longzhu - Participant - Corporate / Cvc - 1 funding event - strategic/corporate - first seen 2023-08-10
• Shunwei Capital - Participant - Vc - 1 funding event - first seen 2023-08-10
• Source Capital - Lead - Vc - 1 funding event - first seen 2023-08-10
• Zhongding Capital - Participant - Vc - 1 funding event - first seen 2023-08-10

FAIRINO market context

FAIRINO builds collaborative robots, robot control systems and application software for industrial automation. Founded in 2019, the Suzhou company has in-house research and production capabilities and closed a Series B financing round of more than $50 million in 2023.

• Target environment: Industrial automation, research, developer or factory settings.
• Deployment model: Robot systems sold through direct sales, distributors or integrators.
• Customer context: factories, system integrators, education, healthcare automation
• Workflow context: FR-series collaborative robots, robot control systems, application software, offline simulation, welding and palletizing workflows
• Commercial maturity: Founded 2019; FAIRINO announced a $50M+ Series B in 2023 and said first-half 2024 shipments exceeded 3,000 domestic and 500 overseas units.
• Market position: China-based collaborative-robot builder with FR-series cobots, robot control systems and application software.
• Adoption constraints: Shipment and financing claims are sourced; no named downstream customer edge was added without direct buyer evidence.
• Adjacent context: collaborative_robot_builder, industrial_cobot_builder, china_robot_builder
• Source confidence: high

Events

• 2024-09-27 - Market Signal - FAIRINO reports first-half 2024 shipment scale at CIIF 2024 - FAIRINO reported first-half 2024 domestic shipments above 3,000 units.
• 2023-08-10 - Funding - FAIRINO closes Series B round above $50 million - FAIRINO closed a Series B financing round of more than $50 million.

Operations / Deployments

• 2024-09-27 - Market Signal - FAIRINO reports first-half 2024 shipment scale at CIIF 2024 - FAIRINO reported first-half 2024 domestic shipments above 3,000 units.

Team

• Gong Xiangfeng - Co-founder; General Manager - Co-founded FAIRINO.
• Yao Ting - Co-founder - Co-founded FAIRINO and supports the company's collaborative-robot commercialization.

Context tags

• Collaborative robot builder - Peer Group - FAIRINO product pages and company material list collaborative robots and FR-series cobots.
• Industrial cobot builder - Peer Group - FAIRINO public materials cover cobot systems, robot control systems and industrial application software.
• China robot builder - Peer Group - FAIRINO is a Suzhou-based collaborative robot company founded in 2019.