Flexiv Company Profile: History, Funding, Products and Leadership
Updated: 7 days ago
Flexiv makes what it calls adaptive robots: arms with fine force control in every joint that can do contact-rich work such as polishing, assembly and massage. It was founded in 2016 with roots at Stanford University and is based in Shanghai. This profile sets out its history, funding, products and leadership.
Flexiv at a Glance
Fact | Detail |
Company | Flexiv Ltd. |
Founded | June 2016 |
Origin | Stanford University |
Headquarters | Shanghai, with operations in the United States and Singapore |
Funding | Series B of more than USD 100 million, December 2020 |
Status | Unicorn since June 2022 |
Stock listing | None; privately held |
Founder and CEO | Shiquan Wang |
Company History
Flexiv was founded in June 2016 by Shiquan Wang and grew out of robotics research at Stanford University. It introduced its first robot, Rizon, in 2019 and showed it at Hannover Messe that year, then began mass production in the second half of 2020. In December 2020 it completed a Series B round of more than USD 100 million, and in June 2022 it reached a valuation of over USD 1 billion.
Key milestones
2016: Founded.
2019: Rizon introduced.
2020: Mass production begins; Series B completed.
2022: Becomes a unicorn.
2023: Moonlight parallel robot launched.
2024: Collaboration with Siemens.
Funding
The Series B of December 2020 raised more than USD 100 million. Investors named for the company include Plug and Play Ventures, Gaorong Capital, YF Capital and the Chinese delivery group Meituan.
Products
Product | Description |
Rizon | Seven-axis adaptive robot arm with force sensing in every joint |
Moonlight | Force-controlled parallel robot, launched in 2023 |
End effectors | Grippers and tools matched to the arms |
Force control is the core of the technology. A conventional robot follows positions; an adaptive robot also regulates how hard it pushes, which lets it handle tasks where surfaces vary, for example sanding a curved panel, inserting a tight-fitting part or shaping a fish fillet, an application the company demonstrated in 2024.
Flexiv product reviews on All Things Cobots
Leadership
Name | Role |
Shiquan Wang | Founder and Chief Executive Officer |
Can You Invest in Flexiv?
Not on a public market. Flexiv is privately held.
Strengths and Challenges
Strengths
Distinctive force-control technology.
A valuation above USD 1 billion and well-known investors.
Applications that ordinary cobots handle poorly.
Challenges
Higher prices than standard collaborative robots.
A market for force-controlled work that is still developing.
No published revenue figures.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 7 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Flexiv FAQ
Where is Flexiv based?
In Shanghai, with operations in the United States and Singapore.
Who founded Flexiv?
Shiquan Wang, in 2016.
What is an adaptive robot?
Flexiv's term for a robot arm with fine force control, able to regulate how hard it pushes as well as where it moves.
What does Flexiv make?
The Rizon seven-axis arm, the Moonlight parallel robot and matching end effectors.
Is Flexiv publicly traded?
No. It is privately held.
Sources
Wikipedia: Flexiv
