Gaoxian Robotics Completes US$100 Million Series B Financing

Gaoxian Robotics announced the completion of a total of US$100 million in Series B financing. The company received RMB100 million in Series B financing and RMB150 million in Series B+ financing in March 2019 and September 2020, respectively. With this round of financing, the total amount of Series B financing of Gaoxian Robotics has reached US$100 million. Investors include Meituan, Tencent, CITIC Construction Investment, BlueRun Ventures, Bohua Capital and other securities companies, real estate developers, and Internet giants. Founded in 2013, Gaoxian mainly develops intelligent cleaning robots and is the first company in the industry to provide SLAM solutions. Its robot cleaning functions include dust pushing, vacuuming, sweeping, floor washing, polishing, floor washing, disinfection, etc. It can flexibly match various equipment combinations for each landing scene, including office buildings, hotels, supermarkets, industrial logistics, etc. In the past few years, Gaoxian Robotics' annual revenue growth rate has reached 400%, serving more than half of the top 50 commercial real estate developers in China. In terms of team, Gaoxian Robotics currently has more than 700 employees.