RobotPlusPlus (ROBOT++) has closed a Collection C spherical value “a whole lot of hundreds of thousands of RMB (tens of hundreds of thousands of USD)” to speed up world enlargement and embodied AI improvement.
Qianggang Capital Fund led the spherical, joined by GIG Capital Group, Sealand Innovation, and Juntong Capital. Fosun RZ Capital elevated its stake.
Dr Hua-Yang Xu, founder and CEO of RobotPlusPlus, says: “The true worth of business robotics lies in real-world execution.
“Over 10 years, we’ve constructed special-purpose robots which can be genuinely deployable at scale, and this spherical lets us carry these options to extra industrial websites all over the world.”
Taking people out of harmful work
Throughout shipyards, oil-and-gas amenities, wind farms, and constructing façades, upkeep nonetheless places expert employees on scaffolding and different hazardous constructions.
RobotPlusPlus builds robots to deal with these harmful duties, enhancing security and effectivity whereas permitting professionals to give attention to supervision and decision-making.
Its hull derusting robots have been deployed at greater than 100 shipyards, with market share above 70 p.c, and have labored on over 10,000 cargo vessels. They enhance effectivity 5 to 6 occasions and cut back general prices by 30 p.c to 50 p.c in contrast with guide strategies.
Zhang Zhenming, normal supervisor of Qianggang Capital Fund, says: “The endgame for embodied AI in business is just not the laboratory; it’s the most demanding worksites.
“RobotPlusPlus has introduced robotic fleets to business scale and expanded from ship-hull derusting into different demanding industrial functions. We see the potential for a worldwide platform in autonomous industrial operations.”
World scale, deep R&D and information benefit
RobotPlusPlus operates throughout greater than 18 international locations, with prospects and companions together with Nosco Shipyard, Drydocks World, ST Engineering Marine, Saudi Aramco and Vopak.
Greater than 60 p.c of its workforce is in R&D, with R&D funding above 20 p.c of income for 3 consecutive years. Its robots have collected over 2 million working hours, producing real-world information to strengthen vertical AI fashions for complicated industrial environments.
Jin Hualong, chairman of Fosun RZ Capital, says: “We first invested in 2022 and have continued to extend our dedication. RobotPlusPlus has constructed deep experience in special-purpose robotics and marine functions.
“Its transfer from particular person robots to industrial-grade embodied intelligence and full system options creates sturdy technical limitations for high-risk industrial environments.”
