# Dorabot

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dorabot

- Industry: Hardware
- Headquarters: Shenzhen, China
- Website: www.dorabot.com
- Total disclosed funding: $1.6M
- Latest round: Series A (Feb 28, 2018)
- Investors on record: 4

## About

Dorabot is a technology company specializing in innovative robotics solutions, enhancing operational efficiency and automating processes for various industries.Founded in 2014 and headquartered in Shenzhen, China, Dorabot focuses on developing intelligent robotics applications. The company has undergone strategic pivots to adapt to the evolving market landscape. The founding team includes Hao Zhang and Spencer Deng, with Lisa Tian serving as the CEO. Dorabot has raised a total of USD 1.60 mn through funding rounds, including an ANGEL round from Hongtai Aplus in February 2018, which marks its most recent funding event.Dorabot specializes in providing a comprehensive suite of robotics solutions designed to enhance operational efficiency and streamline processes for industries such as logistics, manufacturing, and healthcare. Their core product offerings include automated guided vehicles (AGVs), robotic arms, and intelligent software systems, all tailored to meet the needs of businesses aiming to improve productivity. These solutions address common challenges such as labor shortages, operational costs, and workflow optimization. The products are utilized by a diverse client base, ranging from small enterprises to large corporations, primarily targeting markets in Asia-Pacific and North America.The company's revenue stream is primarily generated through project-based contracts and service agreements, where clients pay for the deployment and maintenance of robotics solutions. This structure allows for predictable cash flow while fostering long-term partnerships. Clients typically engage in agreements that encompass various service tiers, which may include ongoing technical support and software updates. The pricing strategy for these contracts is structured to accommodate different project scopes, ensuring the offerings are accessible to a wide range of organizations. This transactional model emphasizes the value of reliable service delivery and customer satisfaction, driving revenue growth through client retention and repeat business.Dorabot plans to launch new robotics solutions designed for improved efficiency in warehouse automation, with a targeted release date in Q4 2023. The company aims to expand into European markets, particularly Germany and the UK, by the end of 2024. The recent funding raised in February 2018 will be utilized to support these initiatives, enhancing product development and facilitating market entry strategies.

## Funding rounds

- Series A, Feb 28, 2018 — GP Capital, Sinovation Ventures, YF Capital, Hongtai Aplus
- Series A, Sep 8, 2015 — Sinovation Ventures
- Angel, May 13, 2014, $1.6M — Hongtai Aplus

## Investors

- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Angel, Series A
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series A
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A