Fourier Intelligence Closes Series C+ Financing

Rehabhub

Fourier Intelligence Co., Ltd., a Shangai, China-based rehabilitation robotics manufacturer and AI/haptic research hub, completed a C+ financing round of undisclosed amount.

The round was led by Prosperity7 Ventures, the diversified growth fund of Aramco Venture.

The company intends to use the funds to invest more into core technology development, talent acquisition and global market expansion.

Led by Alex Gu, Founder and Group CEO, and Zen Koh, Co-Founder and Group Deputy CEO, Fourier Intelligence is a technology-driven company that has developed and launched its product-level intelligent robotic solution, RehabHub™, which is used in neurorehabilitation, elderly care, and community-based rehabilitation settings. The rehabilitation solution is equipped with compact, modular, interconnected, and robots that deliver efficacious functional training. RehabHub™ works in clinical rehabilitation environments to assist clinicians in providing effective treatments.

Fourier products have been widely installed in more than 1,000 institutions and have customers spanning across 50 countries. The company has established multiple R&D centres in Singapore, Chicago, Phoenix, Zürich, Melbourne, Madrid, Kobe, and Kuala Lumpur.

FinSMEs

12/07/2021