Chinese education and entertainment robot company KEYi Technology secures new funding – Pandaily
Your browser does not support HTML5 audio
Beijing KEYi Technology Co., Ltd., a consumer education and entertainment robot company, announced the completion of a new round of financing on Tuesday. The lead investor was Anker Innovations and co-investors were existing shareholders BlueRun Ventures, Shunwei Capital and Xiaomi.
KEYi Technology was established in 2014. It is committed to creating robots for various applications in home scenarios. Yang Jianbo, founder and CEO of the company, said the funds will be invested in building platforms, product R&D, iterating a robot community and attracting more senior engineers, designers. and other talents.
KEYi Technology applies control algorithms for industrial use to consumer robots, and its first product ClicBot (a set of programmable modular robots) successfully combines control technology, perception technology and artificial intelligence with artistic design, and provides children with a smart toy full of surprises.
SEE ALSO: Live-marketing firm Wahool secures nearly $10 million in two funding rounds
ClicBot has now entered 82 countries and regions. Based on a modular robot system, it succeeded in creating a community platform for users from different regions and at different ages to create and share content.
ClicBot’s business ecology includes content consumers, content creators, and developers. These three groups constitute user communities and, in turn, user communities and platforms foster mutual growth. Children aged 5 to 16 can interact and get along with the robots, creative adults can build high-level robots through modules, and engineers with development capabilities have become enthusiasts. “After creating a platform and a community, we create other subdivisions and work on specific categories and robot application scenarios,” Yang Jianbo said.