HongHong Robot Closed 30 Million RMB Series A Round Led by AI Innovator SenseTime
2020-05-11 15:48:57

Intelligent robot producer HongHong Robot(轰轰机器人) announced recently its Series A round with 30 million yuan led by SenseTime, the world’s first AI unicorn founded in Hong Kong with additional offices across China, Singapore, Japan, and the United States. According to HongHong Robot, the fund will be used for product design, engineering design, design & manufacturing of molds, and assembly-line construction.

Founded in November 2016, HongHong Robot initially focused on developing toy cars for children and then reached strategic cooperation with SenseTime to tap into the AI education sector. At present, the company has become the only hardware partner of SenseTime’s education business, being responsible for the design and production of AI education robots, as well as the AI education course development and sales operation services.

Related Articles