Fourier Intelligence Raises Additional ￥10M Series-C Funding

(VCBeat) Mar. 8, 2021 -- Recently, Fourier Intelligence, a leader in China's intelligent rehabilitation industry, has raised additional Series-C funding of tens of millions from Shanghai Artificial Intelligence Sector Fund. The fresh round of funding will be used towards the R&D of new products, the improvement of the product matrix of rehabilitation robots, the integration of the upstream and downstream platforms, and the establishment of the rehabilitation ecosystem.

Fourier Intelligence is a technology-driven company, infusing creativity into the development of exoskeleton and rehabilitation robotics since 2015. Together with researchers, therapists and patients, the company aims to excel in developing and redefining rehabilitation robotics solutions with intelligent robotics technology by elevating user experience with an intuitive, easy-to-use system to enhance the lives of both patients and therapists.

Fourier Intelligence is actively assisting the construction of the three-level rehabilitation network in China, and forming a closed loop in the aspects of products, data, medical institutions, users, etc., to gradually realize the transformation from a product R&D company to an industry-driven platform.

Fourier Intelligence is headquartered in Shanghai and has branches in Singapore, Malaysia, Guangzhou, and Zhuhai. In the field of rehabilitation robot R&D, Fourier Intelligence has headed into the world's top camp. The company has established joint laboratories with the Rehabilitation Center of Chicago, the University of Melbourne in Australia, and ETH Zurich. It has also signed strategic cooperation agreements with KITE Research Institute in Toronto, Canada, National University of Singapore, and Kobe University in Japan to jointly carry out translational research on rehabilitation robots and assisted technologies.

At present, the rehabilitation robots developed by Fourier Intelligence have been deployed in more than 30 countries and more than 1,000 institutions around the world, including hospitals, rehabilitation centers, nursing homes, etc.

Shanghai AI Fund is a municipal fund approved by the Shanghai Municipal Government. The fund focuses on the core of AI technology and its critical applications. It is committed to building a "one-stop" platform integrating all kinds of elements of Shanghai AI industry development.