Northern Gritstone Expands to San Francisco; New Joint Venture in Tactile Sensor Manufacturing Launched
Northern Gritstone is opening a San Francisco office to access US capital for scaling life sciences and technology companies. Meanwhile, Ensuring Technology and Zhuhai Coligen have established a joint venture for automotive-grade tactile sensors, launching mass production of 5 million units annually.
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Northern Gritstone is establishing a presence in San Francisco to enhance its access to US capital, aiming to accelerate growth for its portfolio of early-stage companies in life sciences and technology. The company has made 50 investments since May 2022, primarily in sectors like DeepTech and HealthTech, with existing US investor engagement.
Concurrently, Ensuring Technology and Zhuhai Coligen have launched a joint venture, Zhuhai Shangyuan Sensing Technology, aimed at producing automotive-grade multidimensional tactile sensors. The facility will produce 5 million sensors annually, catering to applications in robotic manipulation and tactile data collection.
This shift in focus underscores the industry's emphasis on consistent performance in manufacturing. ModuTech has also secured substantial funding for R&D and production scaling, leveraging a diverse tactile perception technology stack and deep partnerships in the robotics sector.
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