Youibot, a Shenzen, China-based mobile robot and solution provider, received RMB 100m in financing.
The round was led by SoftBank Ventures Asia with continuous investments from SIG and BlueRun.
The company intends to use the proceeds from the financing to continue to expand operations, development efforts and its business reach.
Led by CEO Cody Zhang, Youibot Robotics is an innovative high-tech company focusing on the research and development and manufacturing of robots. It has the core algorithm of mobile robot with independent intellectual property rights, and has the experience of unmanned transformation of a large number of business scenarios.
Based on mobile robot, the company is committed to providing a full range of products and solutions covering the whole industry, including intelligent manufacturing, intelligent inspection and maintenance.