What is Roobo?
Founded in 2014 and headquartered in Beijing, ROOBO is committed to establishing itself as a premier AI solution provider and a leader in consumer robotics. The company's proprietary AI Operating System is designed to integrate advanced AI and robotic technologies, aiming to enhance daily life through smarter solutions. ROOBO operates with a global vision, maintaining offices in key locations such as Shenzhen, Suzhou, and Moscow, reflecting its ambition to serve a worldwide market with its innovative AI-driven products.
How much funding has Roobo raised?
Roobo has raised a total of $153.6M across 2 funding rounds:
Private Equity
$100M
Private Equity
$53.6M
Private Equity (2016): $100M with participation from iFlyTek Co., Ltd
Private Equity (2017): $53.6M led by Seven Seas Partners
Key Investors in Roobo
iFlyTek Co., Ltd
iFLYTEK is a prominent Chinese technology company specializing in intelligent speech recognition and artificial intelligence solutions, focusing on R&D in speech processing and natural language understanding to create intelligent machines.
Seven Seas Partners
Seven Seas Partners is a venture capital firm founded by Tencent's former CTO, focusing on early growth and growth-stage investments in IoT and high-technology startups in both the US and China.
What's next for Roobo?
With the recent influx of major strategic investment, Roobo is poised for accelerated development and expansion. This significant capital infusion, part of its $153.6M in total funding, suggests a strategic focus on scaling its operations, enhancing its AI Operating System, and potentially broadening its consumer robotics product line. The company's trajectory indicates a strong emphasis on solidifying its position as a world-leading AI solution provider and a pioneer in the consumer robotics space, likely involving further technological advancements and market penetration.
See full Roobo company page
