/Companies

Flexiv

Plug and Play Ventures

Silicon Valley, US · Founded 2016 · 115 employees on LinkedIn · 11 known investors

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Flexiv builds adaptive robots featuring force control, including the Rizon seven-axis robotic arm and Hesper robot controller. Its systems are designed for industrial automation across varied work environments, with software for task editing and secondary development.

Also known as Flexiv Ltd. · Flexiv Robotics

Founders & leadership

Flexiv was founded in 2016 by Shiquan Wang and Xiyang Yeh.

SWShiquan Wang
Shiquan WangCo-Founder and Chief Executive Officer
XYXiyang Yeh
Xiyang YehCo-Founder and Chief Technology OfficerCo-founder and CTO of Flexiv, Xiyang Yeh brings expertise in robotics control systems, including force and impedance control, haptic teleoperation, and motion planning algorithms.

Investors · 11

Also in the syndicate · 3

Meta CapitalNew Hope GroupPlug and Play

Funding

SEC filings, press & company announcements

$100M disclosed across 1 of 5 rounds · 2019–2026

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Flexiv Ltd. is a robotics company that develops and manufactures general-purpose adaptive robots, which the company defines as systems that fuse industrial-grade force control with artificial intelligence so a machine can adapt to complex, unstructured environments and perform tasks in a human-like way. Its product line includes the Rizon 7-axis force-controlled robot arm, the Moonlight parallel/delta robot, and the Grav and Enlight product families, alongside end effectors and grippers; reporting also describes a portfolio spanning robot arms, grippers, AMR platforms and delta robots.

On the software side, Flexiv offers Flexiv Elements, a robot programming and operating system built around task "primitives" with a drag-and-drop graphical interface, a trajectory editor with 3D visualization, replay-based data analytics, and freedrive hand-guiding with lockable Cartesian or joint axes. Programs can be created without prior programming experience, and the system connects to robots over Wi-Fi and supports offline programming. The company states it develops key technologies in-house, including manipulator hardware, servo control systems, force/torque sensors, the robot operation and development system, and algorithms.

Applications span automotive (including automated adhesive primer application and polishing), 3C electronics and internet-industry customers, and the company has described work such as an automated fish fillet shaping solution. Flexiv describes itself as a deep-tech company with a core team originating from the Robotics and AI Lab at Stanford University.

Founding story

Flexiv was founded in 2016 by Shiquan Wang, an alumnus of Stanford's Biomimetics and Dexterous Manipulation Lab, with a focus on building adaptive robots for the manufacturing industry. The company originated out of Stanford University, and early investor GSR Ventures has described working with the team from the time of its founding there.

Business model

Flexiv manufactures adaptive robot hardware and accompanying software and provides turnkey robotic solutions and services to industrial customers. The company has stated it monetizes by selling robots, licensing software, and providing after-sale services, and has reported repurchase orders from customers in the automotive, 3C electronics and internet industries.

Revenue is stated to come from robot sales, software licensing, and after-sale services, along with turnkey solutions built on Flexiv robotic systems.

Traction

Mass production began in the second half of 2020 and roughly 100 adaptive robots had been manufactured by end-2020, with repurchase orders from customers in China, North America, Europe and South Korea. Cumulative capital raised exceeded $120 million as of December 2020.

Latest developments

In March 2026 Flexiv announced an undisclosed funding round led by Invus with participation from existing investors, to be used for R&D and global sales and service expansion. The company's Rizon 4 is now supported in the NVIDIA Isaac ROS ecosystem as reference hardware for NVIDIA's contact-rich insertion workflow, and Flexiv announced participation at IROS 2026 in Pittsburgh and its first entry into the Indian market at Automation India Expo 2026.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a general-purpose adaptive robotics company differentiating on force control; its December 2020 Series B was described as the largest single-round fundraising to that point in general-purpose robotics, and the company was reported to have joined the unicorn club in June 2022. It was covered in Frost & Sullivan's 2020 collaborative robotics analysis.

Flexiv positions its robots as able to operate in complicated, unstructured environments where conventional robotic arms struggle, using force feedback and computer vision to adjust to new circumstances without re-engineering the production line. Its Elements software aims to make complex force-controlled applications programmable without prior coding experience.

Technology

Proprietary force-sensing and force-control technology combined with computer vision and embodied AI. Flexiv develops robotic manipulator hardware, servo control systems, force/torque sensors, its robot operation and development system and algorithms in-house, and had over 100 technical patents submitted as of late 2020. Its Rizon 4 arm is supported in the NVIDIA Isaac ROS ecosystem and serves as reference hardware for NVIDIA's contact-rich insertion workflow; the company has also used NVIDIA's Isaac Replicator. Flexiv AI research has been published in journals including Nature Machine Intelligence and Engineering.

Go-to-market

Direct sales and solution delivery supported by a global office and factory network, trade-show presence (Hannover Messe, IME West, TAiROS, Automation India Expo, IROS), ecosystem partnerships such as the Siemens Xcelerator ecosystem and NVIDIA Isaac, and strategic investors whose businesses provide deployment scenarios. The company has said new funding will accelerate the build-out of global sales and service infrastructure.

Industrial and manufacturing customers, with named traction in automotive, 3C/consumer electronics and internet companies, plus stated expansion targets in services, agriculture, logistics and medical care. Users of its software include end users, system integrators and developers.

Geography

Flexiv reports seven business centers worldwide, with a US office in San Jose, California, and locations in Shanghai, Beijing, Shenzhen, Singapore and Eching near Munich, plus factories in Foshan and Zhongshan, Guangdong. Wikipedia lists the headquarters as Shanghai, while corporate and press materials cite Santa Clara/Silicon Valley. China has been described as its largest market with North America a key expansion market; the company has also expanded into Malaysia and entered India in 2026.

History

Founded in 2016 in Santa Clara, California, with roots at Stanford University. In April 2019 Flexiv launched its first product, the Rizon adaptive robot, and exhibited at Hannover Messe the same year; it also completed a Series A+ that brought accumulated funding to $22 million. In 2020 Rizon won the iF Design Award and the German Innovation Award, mass production began in the second half of the year, the company passed 100 robots manufactured, and it closed a Series B of more than $100 million in December. Flexiv was included in Frost & Sullivan's 2020 collaborative robot analysis. It launched the Moonlight parallel robot in early 2023, reportedly reached unicorn status in June 2022 following a $100 million Series B+ round, joined the Siemens Xcelerator ecosystem in May 2024, and in March 2026 announced a further round led by Invus.

Risks & controversies

Coverage has noted the challenge of finding partners and customers across many industries willing to adopt the company's technologies, and its cross-border structure, with operations split between China and California and about two-thirds of staff based in China as of 2020.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accumulated funding through Series A+Jan 2019$22M
Adaptive robots manufacturedDec 2020100 robots
Business centers / offices worldwideJan 20267 offices
Cumulative capital raisedDec 2020$120M
Share of staff based in ChinaDec 2020about two-thirds
Technical patents submittedDec 2020100 patents

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 12

launches, deals, and filings
Mar 2026
Undisclosed funding round led by Invus

Flexiv raised an undisclosed amount led by Invus with participation from existing investors, for R&D and global sales and service build-out.

source ↗

Jan 2026
First entry into the Indian market at Automation India Expo 2026

source ↗

Jan 2026
Participation at IROS 2026 in Pittsburgh

Flexiv presented adaptive automation demonstrations and a keynote on force control.

source ↗

Jan 2026
Rizon 4 supported in NVIDIA Isaac

Rizon 4 joins the NVIDIA Isaac ROS ecosystem and serves as reference hardware for NVIDIA's contact-rich insertion workflow.

source ↗

Sep 2024
Automated fish fillet shaping solution developed

source ↗

May 2024
Flexiv joins the Siemens Xcelerator ecosystem

Collaboration to provide adaptive robotic solutions in China.

source ↗

Feb 2023
Moonlight force-controlled parallel robot launched

source ↗

Aug 2022
Expansion into Malaysia

source ↗

Dec 2020
Series B of over $100M closed

Series B round of more than $100 million with investors including Meituan, Meta Capital, New Hope Group, Longwood, YF Capital, Gaorong Capital, GSR Ventures and Plug and Play; described as the largest single round in general-purpose robotics at the time.

$100M source ↗

Jan 2020
Rizon wins iF Design Award and German Innovation Award

source ↗

Jan 2020
Mass production begins

Flexiv began mass-producing robots in the second half of 2020 and had manufactured over 100 adaptive robots.

source ↗

Apr 2019
Launch of Rizon adaptive robot

Flexiv officially launched its first product, the Rizon adaptive robot.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Flexiv do?
Flexiv develops general-purpose adaptive robots that combine industrial-grade force control with AI for contact-rich tasks.
Who founded Flexiv?
Flexiv was founded by Shiquan Wang, Xiyang Yeh in 2016.
Who are Flexiv's investors?
Flexiv's investors include Plug and Play Ventures, ZhenFund, Gaorong Capital, Gaorong Ventures, GSR Ventures, Invus, Longwood Fund, YF Capital.
How much funding has Flexiv raised?
Flexiv has disclosed $100M raised across 1 of its 5 known rounds.
Where is Flexiv headquartered?
Flexiv is headquartered in Silicon Valley, US.