Lenovo leads $10M investment in 6-legged robot maker Vincross

Vincross, the company behind the six-legged robot Hexa, said on Tuesday that it's picked up $10 million in a Series A funding round led by Lenovo Capital, the startup fund managed by Lenovo Group. Returning investor GGV Capital and newcomer Seekdource Capital also participated. The company declined to disclose its latest valuation but said the proceeds will go towards research and development as well as new product lines. Neuroscience and artificial intelligence researcher Tianqi Sun started Vincross in Beijing back in 2016 when he raised $220,000 for Hexa on Kickstarter. At the time the insectile, programmable robot had separated itself from the horde of humanoids on the market by billing itself as the first robot that can climb stairs, making it suitable for firefighting and other rescue tasks.