About UnitXlabs
UnitXlabs is a company based in San Jose (United States) founded in 2019 by Keven Wang and Weixiong Zheng.. UnitXlabs has raised $5 million across 1 funding round from investors including Schneider Electric and SE Ventures. UnitXlabs offers products and services including OptiX, CorteX Central, and CorteX Edge. UnitXlabs operates in a competitive market with competitors including Cogniac, LANDING AI, Inspekto, Jidoka and Headwall Photonics, among others.
- Headquarter San Jose, United States
- Founders Keven Wang, Weixiong Zheng
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Sep 28, 2023
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Investors
Schneider Electric
& 1 more
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Employee Count
Employee Count
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Products & Services of UnitXlabs
UnitXlabs offers a comprehensive portfolio of products and services, including OptiX, CorteX Central, and CorteX Edge. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software-defined lighting for dynamic part imaging in manufacturing.
Platform to train and deploy AI for optimized yield detection.
High-speed AI for in-line defect classification and decisions.
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Funding Insights of UnitXlabs
UnitXlabs has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(28 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2023 | Amount | Series A - UnitXlabs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in UnitXlabs
UnitXlabs has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric and SE Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in energy tech startups are made by SE Ventures.
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Energy management and automation solutions are provided globally.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by UnitXlabs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - UnitXlabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Unitxlabs Comparisons
Competitors of UnitXlabs
UnitXlabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cogniac, LANDING AI, Inspekto, Jidoka and Headwall Photonics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based platform is utilized for managing visual operations in businesses.
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| domain | founded_year | HQ Location |
AI-based platform for identifying defects
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| domain | founded_year | HQ Location |
Autonomous machine vision systems for quality inspection are provided.
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| domain | founded_year | HQ Location |
Autonomous AI vision solutions are provided for inspection and optimization.
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| domain | founded_year | HQ Location |
Remote-sensing and machine vision solutions for industrial inspections are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Unitxlabs
Frequently Asked Questions about UnitXlabs
When was UnitXlabs founded?
UnitXlabs was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is UnitXlabs located?
UnitXlabs is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of UnitXlabs?
Keven Wang is the current CEO of UnitXlabs. They have also founded this company.
Is UnitXlabs a funded company?
UnitXlabs is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Sep 28, 2023.
What does UnitXlabs do?
UnitXlabs was founded in 2019 in San Jose, United States, focusing on the manufacturing sector. Automated AI-driven inspection systems are developed for plug-and-play use in detecting defects such as scratches, burrs, dimensional issues, and discolorations. Applications cover complex geometries including 3D-printed parts, machine surfaces, and glass. The company is led by co-founders Keven Wang as CEO and Weixiong Zheng as CTO, with operations centered on enhancing industrial quality control.
Who are the top competitors of UnitXlabs?
UnitXlabs's top competitors include Jidoka, Headwall Photonics and Cogniac.
What products or services does UnitXlabs offer?
UnitXlabs offers OptiX, CorteX Central, and CorteX Edge.
Who are UnitXlabs's investors?
UnitXlabs has 2 investors. Key investors include Schneider Electric, and SE Ventures.
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