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

http://en.robotplusplus.com/

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