Chinese tech media outlet 36Kr reported on Wednesday that consumer-grade robot brand Robosen has recently completed a B+ round of financing, which was led by Cedarlake Capital, followed by Rencent Capital and Lightspeed China Partners. Sequoia Capital, Dayone Capital, Gengxin Capital and other investment corporations continued to pursue investment. Among them, Gengxin Capital served as the long-term exclusive financial adviser.
Robosen completed a round B of financing in June this year, wrapping up two rounds of financing in less than half a year, totaling nearly $100 million.
Animation IP robots such as Transformers and Iron Man are deeply rooted in people’s hearts, but consumers’ cognition of robots still relies on entertainment and imagination. In commercial exploration, entertainment value is the first demand of mass consumers for consumer-grade robots, so the Robosen team combines robots with artificial intelligence technology to develop robot products that can provide diversified interactive experiences.
Since its establishment, Robosen has made continuous breakthroughs in motor, drive and control system, chips, algorithms, structure, mechanical arms and even core materials, and realized a consumer-grade robot integrating automatic deformation, human-computer interaction, voice control and intelligent programming earlier in the world.
The Robosen team consists of scientists, geeks, product enthusiasts and creators from mechanical, electronic, computer, information science, automation and internet backgrounds. At present, company’s amount of employee in R&D team accounts for 70%.
Robosen believes that the mainstream robots in the world are mainly wheeled, quadruped and biped, among which humanoid biped technology is the most difficult technical type among the three forms.
Recently, Robosen and Hasbro of the United States launched Robosen’s flagship version of Optimus Prime, the result of 12 year of R&D from project establishment to product listing. It is a multi-technology integration project involving machinery, electronics, computers, chips, software and polymer materials. From the product details, it consists of 5000 parts, 60 chips and 27 high-performance servo motors.
At present, the official terminal retail price of this product is $999. Since its release in the U.S. in April this year, the market is still in short supply, and the delivery time has been extended to the second quarter of 2022.