Recently, Beatbot, a swimming pool cleaning robot company, completed a round of financing, which was co-led by Cathay Capital, Monolith and Anker Innovations, and followed by Shunwei Capital, Hillhouse Ventures, Source Code Capital, Yunmu Capital, Wuzhong Financial Holding and Professor Gao Bingqiang. The company's cumulative total financing exceeded 500 million yuan, and the post-investment valuation of this round was nearly 2 billion yuan.
It is understood that this round of financing will be mainly used for product research and development, talent recruitment and market expansion.
Founded in July 2022, the founder Wang Shengle has worked in leading robot companies such as Ecovacs and Dreame, and has led the research and development of various products such as sweeping robots, window cleaning robots, solar panel cleaning robots, etc., and has a deep technical understanding and demand insight into robot products. The founding team comes from a number of robot intelligent hardware unicorn companies, with experience in the research and development, landing and sales of million-level robot products, and has rich industry experience and industrial resources in the whole chain of technology, sales, product research and development, and supply chain.
At present, Xingmai Innovation has been at the forefront of the industry in the fields of brushless water pumps, AUV space movement, sonar laser SLAM and spatial mapping navigation algorithms, and currently has more than 160 patents, including 65 invention patents.
At the 2024 CES exhibition, the "five-in-one" intelligent pool cleaning robot Beatbot AquaSense Pro flagship series launched by Xingmai has achieved hundreds of millions of sales in just half a year after its launch.
According to reports, Beatbot AquaSense Pro is the world's first "five-in-one" pool cleaning robot, which integrates the functions of pool bottom, pool wall, water line, water surface cleaning and water purification with its innovative technology. Powered by 9 powerful motors with a brushless main pump motor with up to 5500 GPH suction, this "all-rounder" makes it easy to walk, turn, climb walls, surface and complete cleaning tasks. In addition, the robot also has a built-in 1.8 GHz quad-core processor to intelligently and efficiently plan cleaning routes, making pool cleaning smarter and easier.
Beatbot AquaSense Pro solves the pain points of low efficiency, incomplete cleaning, and low intelligence of robots in the industry, and brings users an innovative intelligent pool cleaning experience, which quickly became the king of sales after its launch, achieving hundreds of millions of sales in only half a year, and gaining 85% of the market share in the stall above 1400 US dollars.
It is worth mentioning that in August this year, the world's first new product, Beatbot iSkim Ultra, is the industry's first intelligent pool surface cleaning robot that combines excellent cleaning performance and advanced control technology, and has quickly gained industry attention and consumer praise after its launch.