New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home AI & Robotics

Former DJI chief scientist raises $70M for robotics startup

New York Tech Editorial Team by New York Tech Editorial Team
November 30, 2021
in AI & Robotics
0
Former DJI chief scientist raises $70M for robotics startup
Share on FacebookShare on Twitter

FJDynamics, a robotics company founded by DJI’s former chief scientist Wu Di, has closed a Series B round of $70 million to make robotics accessible and affordable to the most labor-intensive industries.

Wu left DJI to start FJDynamics in 2019. During his time with the drone giant, he led the research and development in processing chips and oversaw the acquisition of the iconic Swedish format camera maker Hasselblad whose hardware and software algorithms have helped to bring the imaging quality of the recently launched Mavic 3 to an entirely new level.

A PhD holder in domain-specific processor design, Wu has also worked as a vice president at fabless semiconductor company Coresonic and a director at the Swedish luxury sports carmaker Koenigsegg.

Shenzhen-based FJDynamics, meanwhile, makes robots for agriculture, gardening, construction, and manufacturing domains. Wu, however, doesn’t see his startup as a high-tech company. He just wants to build something that benefits people. In an interview with TechCruch, Wu says:

If you look at how robotic technology is being applied, there are a lot of companies using drones and autonomous vehicles. But the majority of people on earth aren’t benefiting from it. Work conditions in these sectors like agriculture, construction, and gardening are physically demanding and there are still a lot of us doing this kind of job. The question is how we use robotic technology to improve their work environment, and that doesn’t mean simply replacing them with robots.

Also read: Action 2 vs. Osmo Action: Which DJI action camera is best for you?

The sole investor who participated in FJDynamics’ Series B is a major internet firm in China. The company’s previous investors have included heavyweights like Tencent and state-owned automaker Dongfeng Asset Management. Even DJI was an early investor, but the company has since sold off its shares and is making a strong push into agricultural drones itself.

Wu says he left his position at DJI because he felt a sense of disconnection while building “luxury” hardware. Today, he’s making products like automated feed pushers that use AI-vision navigation to feed grass to up to 500 cows in a day.

Incidentally, Wu’s isn’t the only high-profile project that has grown out of DJI’s former tech talent pool. Portable battery maker EcoFlow, hairdryer Zuvi, and electric toothbrush brand Evowera are some other examples.

The fresh capital infusion will allow FJDynamics to “grow its suite of robotics automation technology across agriculture, facility management, construction, and gardening, along with supporting the increasing demand of the company’s ESG product offerings in over 60 countries.”

Wu, who also delivers lectures at the Southern University of Science and Technology in Shenzhen, sums up his ambitions by saying:

I live a simple life that focuses on two things — product [FJDynamics] and education. I’ve seen a lot and realized that money can’t change you or make you happier. So, you need a simple goal, and achieving the simple goal makes your life happier.

Read more: Best Cyber Monday deals on DJI drones


Subscribe to DroneDJ on YouTube for exclusive videos

Credit: Source link

Previous Post

Unpatched Microsoft Exchange Servers abused in new phishing campaign

Next Post

Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation – TechCrunch

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation – TechCrunch

Fundbox, a fintech focused on SMBs, raises $100M at a $1.1B valuation – TechCrunch

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
UK VC fund performance up on last year

VC-backed Aerium develops antibody treatment for Covid-19

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
The Future of “I Do”: How Technology is Revolutionizing Weddings in 2025

The Future of “I Do”: How Technology is Revolutionizing Weddings in 2025

March 19, 2025
Eldad Tamir

AI vs. Traditional Investing: How FINQ’s SEC RIA License Signals a New Era in Wealth Management

March 17, 2025
Overcoming Payment Challenges: How Waves Audio Streamlined Transactions with BridgerPay

Overcoming Payment Challenges: How Waves Audio Streamlined Transactions with BridgerPay

March 16, 2025
Arvatz and Iyer

PointFive and Emertel Forge Strategic Partnership to Elevate Enterprise FinOps in ANZ

March 13, 2025
Global Funeral Traditions Meet Technology

Global Funeral Traditions Meet Technology

March 9, 2025
Canditech website

Canditech is Revolutionizing Hiring With Their New Product

March 9, 2025

Recommended

The Future of “I Do”: How Technology is Revolutionizing Weddings in 2025

The Future of “I Do”: How Technology is Revolutionizing Weddings in 2025

March 19, 2025
Eldad Tamir

AI vs. Traditional Investing: How FINQ’s SEC RIA License Signals a New Era in Wealth Management

March 17, 2025
Overcoming Payment Challenges: How Waves Audio Streamlined Transactions with BridgerPay

Overcoming Payment Challenges: How Waves Audio Streamlined Transactions with BridgerPay

March 16, 2025
Arvatz and Iyer

PointFive and Emertel Forge Strategic Partnership to Elevate Enterprise FinOps in ANZ

March 13, 2025

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

3D bio-printing acoustic AI Allseated B2B marketing Business carbon footprint climate change coding Collaborations Companies To Watch consumer tech cryptocurrency deforestation drones earphones Entrepreneur Fetcherr Finance Fintech food security Investing Investors investorsummit israelitech Leaders LinkedIn Leaders Metaverse news OurCrowd PR Real Estate reforestation software start- up startupnation Startups Startups On Demand startuptech Tech Tech leaders technology UAVs Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media