Gaussian Robotics introduced that it has completed a collection B+ spherical of financing value 150 million yuan ($22 million), led by Broad Imaginative and prescient Funds and China Capital Administration. Bluerun Ventures, Grand Flight Funding and Korea Funding Companions (KIP) additionally participated on this spherical.
The corporate stated it’s going to use the funds for analysis, growth and large-scale implementation of expertise.
Based in 2013, Gaussian Robotics primarily develops clever cleansing robots. It’s the first firm within the cleansing robotic business to offer simultaneous localization and mapping (SLAM) options. Its robots present a number of cleansing capabilities corresponding to vacuuming, cleansing, washing, sharpening, disinfecting and extra.
Cheng Haotian, founder and CEO of Gaussian Robotics, graduated from the College of Cambridge with a bachelor’s and grasp’s diploma in digital engineering. The corporate’s CTO Qin Baoxing is a co-founder of nuTonomy, a Singaporean autonomous driving firm.
The Shanghai-headquartered firm advised 36Kr that the cleansing effectivity of their merchandise is round 4 instances higher than that of handbook labor. Gaussian Robotics holds greater than 90% of the home market share within the subject of clever cleansing robots, the corporate stated. It sells 40% of its merchandise abroad and has greater than 1,000 initiatives in over 30 nations.
Gaussian Robotics accomplished a 100 million yuan collection B financing spherical in March final 12 months led by Grand Flight Funding. In Could 2018, it raised tens of thousands and thousands of US from a collection A spherical of financing.