Migration Technology announced the recent completion of tens of millions of yuan B round of financing, led by Shanda Fund. This round of financing is mainly used to deepen the global market sales system of 3D vision products, strengthen the research and development of underlying technologies and the standardization of 3D vision products, and work with integrator partners to achieve a win-win 3D vision ecology.
Migration Technology announced the recent completion of tens of millions of yuan B round of financing, led by Shanda Fund. This round of financing is mainly used to deepen the global market sales system of 3D vision products, strengthen the research and development of underlying technologies and the standardization of 3D vision products, and work with integrator partners to achieve a win-win 3D vision ecology.
Founded in 2017, Migration Technology is the industry's leading supplier of 3D industrial cameras and 3D vision systems, and has completed hundreds of millions of yuan in financing. Based on years of technology accumulation in the direction of 3D camera hardware, algorithms and software, Migration technology has created a stable, easy-to-use, high-return AI+3D vision system that can be used for loading and unloading, disassembling and palletizing, positioning and assembly scenes, enabling global industrial manufacturing and warehousing logistics automation technology.
With its self-developed Epic Eye camera series and supporting Epic Pro vision software, Migration Technology has injected strong potential energy into the field of industrial automation. In terms of hardware products, the cameras of Transfer technology are mainly divided into two series: DLP camera and laser mechanical galvanometer camera, all using grating structured light scheme, point cloud quality in the industry leading level, has been CE, FCC, KC, VCCI and other international certification. Transfer Technology's laser mechanical galvanometer has excellent resistance to ambient light interference, can maintain a complete image under direct sunlight in summer, and the maximum resistance to ambient light interference is more than 120,000 Lux.
On the software platform, Migration Technology Epic Pro vision software uses a fully graphical interface, embedded hundreds of operators, users do not need to write code to complete the configuration of the job process, to communicate with the robot, obtain point cloud data, set the job logic and other work, with easy deployment, easy to use, zero programming advantages. Customers can connect cameras and robots with one click after installation, complete the construction of visual applications within 2 hours at the fastest, and beginners can use them in 20 minutes, greatly reducing the learning cost and use threshold of integrators and front-line workers.
In terms of self-developed algorithms, migration technology has accumulated for many years in 3D imaging, 3D visual recognition, robot motion planning and obstacle avoidance algorithms, and high-quality AI models. Migration Technology's self-developed 6D pose estimation algorithm ranks first on the world-renowned BOPITODD dataset when using point cloud data.
Since its inception, with excellent products, quality service and good reputation, Migration Technology is one of the enterprises with the most landing scenes in the 3D visual guidance market segment in China, and the project delivery rate has reached 100%. By the end of 2023, Transfer Technology has delivered more than 500 projects, serving new energy, automotive, chemical, home appliances, metal manufacturing and other industries, and its customers include Mercedes-Benz, Tesla, Volkswagen, Ningde Times, CNOOC, Sinopec, Midea, Gree and other Fortune 500 companies. The high reputation and trust accumulated among head customers is forming a "flywheel effect" that further accelerates the commercial development of migration technology.
Shanda Fund said: "Very optimistic about the 3D vision technology innovation of migration technology and the large-scale landing ability of multi-industry scenes." We believe that this round of financing will further accelerate the commercialization and globalization of migration technology, help the in-depth application and innovation of AI+3D vision technology in the industry, and bring value to more enterprises."
For the achievements of transfer technology, Fan Yu, founder and CEO of Transfer technology, believes that: "Insisting on creating standardized products, insisting on win-win cooperation with partners, and insisting on technological innovation are the three core competitiveness to ensure the sustained and rapid development of transfer technology."
In terms of product standardization, Migration Technology emphasizes its focus on building a user-friendly, integration-friendly product ecology and technology ecology, and doing 3D vision hardware and software product suppliers. The reason is that, on the one hand, we can focus on cutting-edge technology research and develop more series of products; On the other hand, it can improve product quality and reduce the use cost through standardization.
Based on the positioning of product suppliers, Migration Technology insists on working closely with integrators, while explicitly not directly involved in the integration business. Under this cooperation model, the transfer technology selection is responsible for completing the first wave of "offensive battle", doing technical exploration and scene proofing, and bearing the cost of innovation. Once the technology has been overcome, Migration Technologies provides professional training to the integrators to enable them to independently execute specific scenario projects.
At the same time, Migration Technology is committed to providing high quality products to ensure a stable supply of integrators and support their project implementation. Such a strategy aims to clear the division of labor, optimize the allocation of resources, consciously maintain the upstream and downstream ecology of the industrial chain, pursue a tripartite win-win situation, and jointly promote the progress of the industry.
