Shanghai-based robot maker Keenon Robotics has closed a RMB 200 million (USD 28.8 million) Series B round, Chinese media outlet 36Kr reported on Tuesday.
Keenon has rolled out a wide variety of service robots since it was founded in 2010. Most of its customers are in hospitality industries, which rent the robots to carry small loads like plates of food or take orders from customers. However, the company has also provided disinfection and delivery robots for hospitals since the beginning of the coronavirus outbreak.
New funds in this round, led by Source Code Capital, will be used for expansion in China’s dining and medical sector, as well as in overseas markets.
Keenon told 36Kr that the company plans to ship 10,000 robots to restaurants in 2020, which would represent 70% to 80% of all robots used in this sector.
36Kr is KrASIA’s parent company.
This article is part of KrASIA’s “China Brief” section, where KrASIA’s reporters will provide quick daily updates about the tech ecosystem in China.