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Saturday, June 30, 2018

3D Camera Maker Orbbec Raises $200m

AllTechAsia, ChinaMoneyNetwork: Alibaba investment arm Ant Financial leads Orbbec financing round D of $200m. Other investors include SAIF Partners, R-Z Capital, Green Pine Capital Partners, and Tianlangxing Capital. The structured light 3D camera maker Orbbec is said to be the fourth largest company in the world to mass produce 3D sensors for consumer use. Orbbec says that its solution is now used by over 2,000 companies globally, and can be applied in various fields, including unmanned retail, auto-driving, home systems, smart security, robotics, Industry 4.0, VR/AR, etc.

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