ForwardX Robotics

ForwardX Robotics

Private
Beijing, BeijingFrontier & Industrial Techhttps://www.forwardx.com

Last Round

Series C

Extension

Jul 7, 2023

Total Funding Raised

$138.95M

Company Overview

ForwardX Robotics is a global technology company specializing in vision-based Autonomous Mobile Robots (AMRs) and autonomous forklifts for the warehousing, logistics, and manufacturing industries. Founded in 2016, the company develops and deploys end-to-end material handling solutions, including a fleet management software platform, to automate and optimize supply chain operations. The company serves a global clientele, including major companies like JD.com, DHL, IKEA, and TCL, and has a significant presence in Asia, North America, and Europe. It is a venture-backed company that has completed multiple funding rounds, including a Series C round.

Sector

Frontier & Industrial Tech

Verticals

Industrial Robotics, Warehouse Automation, Smart Manufacturing, Computer Vision, Logistics Software

Business Model

B2B

Customer Profile

Hardware + Subscription, Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

autonomous mobile robotsAMRswarehouse automationautonomous forkliftsfactory automationRobotics-as-a-ServiceRaaSfleet management softwarematerial handlingvision-based navigationcomputer visionsmart manufacturinglogistics robotsindustrial roboticsautomated pickingautomated pallet movingthird-party logistics3PL

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ForwardX Robotics Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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ForwardX Robotics Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionJul 7, 2023
Series CDec 14, 2021
Series B ExtensionMar 25, 2021
Series B ExtensionApr 2, 2020
Series BMar 21, 2019
Series A
May 29, 2018

Key People

Founding team and executive leadership

Nicolas Chee

Founder And CEO ForwardX Robotics

Founding Team

Hao Shen

CTO

Executive Team

ForwardX Robotics Investors

Notable investors and investment history

InvestorRounds
CDH InvestmentsSeries A, Series B Extension
Starlight CapitalSeries C
Taikang Insurance GroupSeries C
Qualcomm VenturesSeries C
China Merchants CapitalSeries B Extension
ZGC GroupSeries B Extension
Eastern Bell CapitalSeries B Extension

Market signals

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  • May 31, 2025

    Partnered with Lynx Automation to expand Benelux region availability.

  • Mar 7, 2025

    Will showcase mobile robots at ProMAT 2025.

ForwardX Robotics Filings

SEC and related filings with document metadata.

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ForwardX Robotics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBeijing, Beijing
Employee Range92
Year Founded2016
Last FundingJul 7, 2023

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