RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence
PR96145
BEIJING, May 23, 2022 /PRNewswire=KYODO JBN/ --
RobotPlusPlus, a leader in aerial work robots, today announced its Series B
funding round of US$15 million, bringing it to approximately US$35 million in
total investment since its founding in 2017. This latest funding was led by
Meituan, China's leading tech and online retail company, and Fosun, a global
innovation-driven consumer group.
RobotPlusPlus plans to use the new capital to accelerate its R&D timeline and
expand its global presence. New robotic offerings will be released for cargo
hold cleaning, tank painting, and facade cleaning, in addition to upgrading
current products by integrating more autonomous technologies.
"Our latest round of funding contributes to the positive momentum we have been
building over the past year. With a growing market share across our key
territories, we look to continue to deliver more transformational results to
our current and future clients," said RobotPlusPlus founder and CEO Hua-yang Xu.
With a mission to "empower humans with robots," RobotPlusPlus has a portfolio
of robotic solutions for crucial industries such as maritime, ship repair,
petrochemicals, and power generation. The Company focuses on addressing the
need to improve aerial work safety for operators while improving the efficiency
of Inspection, Maintenance, and Repair (IMR) solutions and lowering operating
costs for asset owners.
This has led RobotPlusPlus to be a market leader in magnetic crawler robots,
with hundreds of robots already sold to clients worldwide. With its large team
of skilled engineers and operators in place, RobotPlusPlus also provides Robot
as a Service(RaaS) services to clients, enabling them not only to offer timely
and cost-effective services but also to gain insights into industrial
application scenarios.
"While we've previously focused on the Chinese market, 2021 has brought us more
success outside China. We're looking forward to making our solutions available
to a broader audience and cementing our position as a key player globally,"
stated Andy Lu, partner & SVP of RobotPlusPlus.
An example of this ambition is an upcoming office opening in Singapore to
expand the Company's ability to serve the Asian and Middle Eastern markets.
"An aging workforce, rising labor costs, frequent aerial work-related
accidents, and the COVID-19 pandemic have had an accelerative effect on the
aerial work robotics sector," commented Pu Xiao, investment manager at Fosun.
"RobotPlusPlus' mission is to empower humans with robots while helping increase
operational safety and productivity. We're excited to support RobotPlusPlus in
leveraging AI and RaaS to optimize aerial work environments and enable robotic
applications."
About RobotPlusPlus:
Headquartered in Beijing, RobotPlusPlus is a technology company that builds
aerial work robots. It provides cost-effective and environmentally friendly
robotic solutions while guaranteeing a safer workplace.
RobotPlusPlus Press Contact:
Vivien Hao
vivien.hao@robotplusplus.cn
Related links
SOURCE: RobotPlusPlus
Image Attachments Links:
Link: http://asianetnews.net/view-attachment?attach-id=421876
Caption: Ship hull hydroblasting robot | Image credit: RobotPlusPlus
Link: http://asianetnews.net/view-attachment?attach-id=421877
Caption: A storage tank hydroblasting robot | Image credit: RobotPlusPlus
Link: http://asianetnews.net/view-attachment?attach-id=421878
Caption: Boiler inspection robot | Image credit: RobotPlusPlus
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