Robotics Start-up Raises Over $200,000 in One Hour on Kickstarter

Just one hour after launching its Kickstarter campaign, Chinese robotics company UFACTORY met its funding target of $200,000—and reached its funding goal in just 18 hours.
While industrial robots are essential to manufacturing in various industries, they are often so expensive that only largescale manufacturers can afford the price. Marketed as “the most cost-effective intuitive industrial robotic arm,” the xArm is intended to help boost productivity for small- and medium-size…



Source URL: Robotics Start-up Raises Over 0,000 in One Hour on Kickstarter

Source Website: Advance Engineering – Engineering.com
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