# Rulebit

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

- Industry: Consumer Products
- Headquarters: Beijing, China
- Website: www.rulebittech.com
- Latest round: Series A (Feb 4, 2021)
- Investors on record: 7

## About

Rulebit is a technology company focused on the research, development, and manufacture of advanced industrial robots and automation solutions across various sectors including food, pharmaceuticals, and electronics.Founded in 2015 in Beijing, China, Rulebit specializes in providing automation solutions through advanced robotics. The company has successfully completed a total of 5 deals, with the most recent deal occurring on February 4, 2021. Rulebit is not noted to have undergone significant pivots in its business strategy or operations.Guangdong Ruobete Intelligent Robot Technology Co., Ltd. specializes in the research, development, and manufacturing of industrial robots and automation solutions tailored for diverse sectors including food, pharmaceuticals, electronics, household goods, hardware, and renewable energy. Their core product offerings are anchored by the DELTA series of parallel robots, designed for high-speed sorting, handling, loading and unloading, and palletizing tasks. Additionally, they provide collaborative stacking robots capable of managing loads between 10 to 40 kilograms, which feature a payback period of approximately one year. The company targets a broad client base ranging from manufacturers in the food and pharmaceutical industries to companies in the electronics sector, with products marketed primarily within China and extending to other international markets.The revenue model of Guangdong Ruobete Intelligent Robot Technology Co., Ltd. is characterized by direct sales of their advanced robotic systems and automation solutions to industrial clients. This includes transactions for flagship products such as the DELTA series robots and collaborative stacking robots. The company engages in B2B transactions, working closely with manufacturing firms to deliver tailored automation solutions that enhance operational efficiency. Pricing structures are typically based on the complexity and specifications of the robotic systems, reflecting the value these solutions add to production lines. The company also focuses on long-term partnerships, offering ongoing support and maintenance services to ensure optimal functionality of their products.In February 2021, Rulebit raised Series A+ funding led by Zhuhai Hi-tech Venture Capital, with participation from Guangdong Qinghe Investment; the financial terms of the deal were not disclosed. The funding is expected to bolster their development of new products and enhance their market reach. Rulebit plans to expand into international markets by targeting the Americas and Europe by 2023, leveraging their recent funding to support these initiatives.

## Funding rounds

- Series A, Feb 4, 2021 — Guangdong Qinghe Investment, Zhuhai Hi-tech Venture Capital
- Angel, Feb 13, 2017 — Plug and Play, TusStar, Taiyou Fund, Tsinghua X-Lab, Light Silver Capital, Guangdong Qinghe Investment
- Seed, Oct 31, 2016 — Plug and Play

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed, Angel
- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel
- Taiyou Fund — Angel
- Tsinghua X-Lab — Angel
- Light Silver Capital (https://capitalatlas.ai/funds/light-silver-capital) — Angel
- Guangdong Qinghe Investment — Angel, Series A
- Zhuhai Hi-tech Venture Capital (https://capitalatlas.ai/funds/zhuhai-hi-tech-venture-capital) — Series A