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ForwardX Robotics

ForwardX Robotics

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

Last Round

Series C

Extension

Jul 7, 2023

Total Funding Raised

$139.05M

Company Overview

ForwardX Robotics is a robotics and AI company that develops and deploys vision-based Autonomous Mobile Robots (AMRs) and autonomous forklifts for the warehousing, logistics, and manufacturing industries.

Sector

Frontier & Industrial Tech

Verticals

Industrial Robotics, Warehouse Automation, Supply Chain, Computer Vision, Fleet Management

Business Model

B2B

Customer Profile

Hardware + Subscription, Hardware Sales

AI Layer

Application

Keywords

AMRautonomous mobile robotswarehouse automationwarehouse roboticsfleet management softwareRaaScomputer visionrobotics-as-a-serviceautonomous forkliftsmaterial handlingindustrial automationrobot orchestrationsupply chain automationsmart warehousefulfillment automation

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Caplight Momentum Score

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ForwardX Robotics Comps

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

ForwardX Robotics comps — public and private peers by 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

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionJul 7, 2023
Series CDec 14, 2021
Series B ExtensionMar 24, 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

ForwardX Robotics investors
InvestorRounds
CDH InvestmentsSeries A, Series B Extension
Hefei Industry Investment GroupSeries C Extension
Hefei Gaoxin Holding Group Co., Ltd.Series C Extension
Starlight CapitalSeries C
Taikang Insurance GroupSeries C
Qualcomm VenturesSeries C
China Merchants CapitalSeries B Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • 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.

Data table
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ForwardX Robotics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBeijing
Employee Range95
Year Founded2016
Last FundingJul 7, 2023

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