Juqiao Industries raises $15M Series A led by Ant Group for fabric e-skin
What's the deal? Juqiao Industries, a Chinese maker of flexible fibre sensors, has raised a US$13.8M (roughly $15 million) Series A led by Ant Group. Existing backers Lingyi Venture CapitalDealroom has a profile for this one. Try Dealroom →, Weihai Gangrong, and Qingdao Hexin added to their stakes.
What does it do? Founded in early 2024, Juqiao weaves conductive fibres directly into fabric to create pressure-sensing "electronic skin." The approach keeps textiles soft and breathable while embedding sensors into robot surfaces, car seats, and mattresses.
What's the endgame? The company will use the money to scale production and delivery of its fabric e-skin, advance tactile and multimodal research, and push into robotics, home, and eldercare products. Its production line can reach 200,000m² a year at a 95% yield.
Why now? Tactile sensing for humanoid robots is emerging as its own investment lane, with several touch-sensor and e-skin companies raising money in 2026. This is not Juqiao's first backing — it closed a Pre-A round of tens of millions of yuan in 2025.
The round sits in the 29th percentile by amount among comparable deals — a modest size relative to the broader sector.
The signal: Ant Group's lead marks notable interest from industrial capital in fabric-based sensing. But the precise deal figures come largely from the company and its adviser, with limited independent disclosure; the real test is whether Juqiao can turn its technology into steady delivery and repeat orders rather than the raise itself.
Read more: sohu.com
Image credit: Generated with Gemini
