Hangmo Technology Secures Nearly $14 Million in Seed Funding for Smart Variable Stiffness Joints
Hangmo Technology, a high-tech startup founded in 2022, has successfully closed a nearly 100 million RMB (approximately $14 million USD) angel funding round. The investment was led by CICC Wafang and included participation from Sanxian Technology, Beihang Tianhui, Chengmei Capital, Sanhe Investment, and Changzhou Financial Holding. The company's core technology, focused on intelligent variable stiffness joints and consumer-grade smart exoskeletons, originates from key research projects at the Beijing University of Aeronautics and Astronautics (Beihang) Robotics Institute. Hangmo Technology's primary product is the FlexmoJoint, a variable stiffness intelligent joint module designed to adapt to specific scenarios by mimicking human joint characteristics. This technology enables robots to achieve impact resistance, energy recovery, and adaptable stiffness, reducing energy consumption by 31.2% and improving external force estimation error by 23%. The company also develops customized intelligent robots, including humanoid robots and robotic arms, for various industries such as industrial, consumer, and medical rehabilitation. A notable application is the IRMO M1, an AI-powered smart knee exoskeleton for outdoor use, featuring visual perception and all-terrain adaptability, which has already garnered 7 million RMB in crowdfunding. The company aims to build an ecosystem around exoskeleton data, offering value-added services similar to smartwatches, and to develop robots that offer near-human experiences.
Hangmo Technology's successful seed funding highlights a significant market opportunity in advanced robotics, particularly in the development of adaptable and compliant joint mechanisms. The company's focus on variable stiffness joints addresses a critical need for robots to interact more safely and efficiently with dynamic environments and human collaborators. By leveraging foundational research from Beihang University, Hangmo is positioning itself to capture a share of the rapidly growing global robotics market, projected to reach tens of billions of dollars by 2030. The strategic emphasis on both modular components and integrated robotic solutions, including exoskeletons, suggests a comprehensive approach to market penetration. Future success will likely depend on the company's ability to scale production, refine its AI-driven adaptive control algorithms, and establish strong partnerships across diverse industrial and consumer sectors, while navigating the inherent complexities of translating cutting-edge research into robust, cost-effective commercial products.
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