Keenon Robotics Co., Ltd, a China-based leader in service robotics, raised $200 Million in Series D funding, led by Softbank Vision Fund 2, followed by CICC ALPHA and Prosperity7 Ventures (the diversified growth fund of Aramco Ventures).
Keenon will use the funding to "drive innovation through its in-house R&D to provide new, efficient, and cost-saving applications while scaling its current robot platform through the expansion in new markets and identifying new prospects to promote growth and boost revenue.
Company: Keenon Robotics Co., Ltd.
Raised: $200.0M
Round: Series D
Funding Month: September 2021
Lead Investors: Softbank Vision Fund 2
Additional Investors: CICC ALPHA and Prosperity7 Ventures
Company Website: http://www.keenonrobot.com/
Software Category: Intelligent delivery solutions
About the Company; Founded in 2010, Keenon is an artificial intelligence company dedicated to providing intelligent delivery solutions globally. Its cutting-edge technologies and products have quickly become a must-have for an array of industries such as real estate, healthcare, and hospitality. As the world continues to look for ways to automate processes as a means to ensure safety, efficiency, and productivity, service robots are proving to be a successful solution to business needs. Keenon currently has reached the markets in America, Europe, South Korea, and Singapore. By capitalizing on the strong relationships with its investors, Keenon focuses on building long-term value for the company by exploring new markets, trends, and customers.
Source: https://www.prnewswire.com/news-releases/keenon-robotics-raises-200-million--in-series-d-funding-led-by-softbank-vision-fund-2-301377232.html