# CloudMinds Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloudminds-technology

- Industry: Hardware
- Headquarters: Beijing, China
- Website: www.cloudminds.com
- Total disclosed funding: $721M
- Latest round: Series C (Jul 6, 2023)
- Investors on record: 16

## About

Established in 2015 and based in Beijing, China, CloudMinds Technology Inc. operates as a cloud-based intelligent robotics developer that focuses on cloud-based robotics R&D. The company is headquartered in Shanghai and has branches in Beijing, Shenzhen, Chengdu, Hefei, Zhuhai, and Hong Kong. As of December 2022, it has more than 1633 patent applications. In 2017, the company launched the HARIX cloud AI robot operating system and end-to-end commercial services. In 2021, it won the award of "The world's Top 30 AI Startup Companies". In July 2023, the company raised over CNY 1 billion in series C funding from Guosheng Group, Knowledge City Group and Watere Capital. Bill Huang, the founder and CEO of the company, is the deputy director of China Cloud Computing Committee and council of China Electronics Association. Zhao Pengyu, the COO of the company, has more than 30 years' experience in operation and management, and once served as president of China TransInfo Technology Co., Ltd.

The company uses cloud computing, deep-learning, deep reinforcement learning, multi-modal AI, and digital twin technologies to develop an open cloud robot AI platform, humanoid robot and various service robots. The platform consists of HARIX World (“Robot Metaverse”) , HARIX OS and RDK (Robot Development Kits). Humanoid robot includes Cloud Ginger 1.0, Cloud Ginger 2.0, Cloud Pepper and Cloudia. Service robots include reception, delivery, patrol and cleaning robot. Products can apply in the fields of smart city, community services, elderly care, smart agriculture, smart education and smart health.

The company will go public in Hong Kong in 2023.

## Funding rounds

- Series C, Jul 6, 2023, $138M — Shanghai Guosheng Capital Management, Watere Capital, Knowledge City (Guangzhou) Investment Group
- Series B, Apr 9, 2021, $153M — Shanghai Chengding Equity Investment Fund of Environmental Industry, Shanghai Guosheng Group, Shanghai Chengtou Assets Management
- Series B, Feb 23, 2019, $300M — Bojiang Capital Management Group, SB Investment Advisers
- Series A, Feb 24, 2017, $100M — Walden Catalyst, Keytone Ventures, Venustech, Foxconn Technology Group, Bojiang Capital Management Group, SB Investment Advisers, Zhongguancun Development Group, Research Institute of Tsinghua University, Launcher Capital, Shenzhen Capital Real Estate Fund
- Seed, May 19, 2016, $30M — Walden Catalyst, Keytone Ventures, Foxconn Technology Group, SB Investment Advisers

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Seed, Series A
- Keytone Ventures (https://capitalatlas.ai/funds/keytone-ventures) — Seed, Series A
- Foxconn Technology Group — Seed, Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Seed, Series A, Series B
- Venustech — Series A
- Bojiang Capital Management Group (https://capitalatlas.ai/funds/bojiang-capital-management-group) — Series A, Series B
- Zhongguancun Development Group — Series A
- Research Institute of Tsinghua University (https://capitalatlas.ai/funds/research-institute-of-tsinghua-university) — Series A
- Launcher Capital — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A
- Shanghai Chengding Equity Investment Fund of Environmental Industry (https://capitalatlas.ai/funds/shanghai-chengding-equity-investment-fund-of-environmental-i) — Series B
- Shanghai Guosheng Group — Series B
- Shanghai Chengtou Assets Management — Series B
- Shanghai Guosheng Capital Management (https://capitalatlas.ai/funds/shanghai-guosheng-capital-management) — Series C
- Watere Capital (https://capitalatlas.ai/funds/watere-capital) — Series C
- Knowledge City (Guangzhou) Investment Group — Series C