Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, May 24 2022 - 01:37
AsiaNet
RobotPlusPlus, a Leader in Aerial Work Robots, Raises US$15M in Series B to Accelerate R&D and Expand Global Presence
BEIJING, May 23, 2022 /PRNewswire-Asianet/ --

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: https://iop.asianetnews.net/view-attachment?attach-id=421876

   Caption: Ship hull hydroblasting robot | Image credit: RobotPlusPlus

   Link: https://iop.asianetnews.net/view-attachment?attach-id=421877

   Caption: A storage tank hydroblasting robot | Image credit: RobotPlusPlus

   Link: https://iop.asianetnews.net/view-attachment?attach-id=421878

   Caption: Boiler inspection robot | Image credit: RobotPlusPlus

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