Friday, August 12, 2022

Gaussian Robotics Raises Series C Funding for its Delivery & Cleaning Robots

Gaussian Robotics said that it has raised 1.2 billion yuan ($188 million U.S.) in Series C funding. The COVID-19 pandemic raised awareness of the need to frequently sanitize facilities, mitigate worker shortages, and control costs, said the Shanghai-based company.

Gaussian Robotics was founded in 2013 and the Company makes autonomous mobile robots for cleaning and indoor deliveries. The company, also referred to as Gaoxian, said its robots are used in airports, schools, offices, shopping malls, hospitals, hotels, and other sites in 40 countries.

The Ecobot product line from Gaussian Robotics includes a robotic vacuum and sweeper, as well as scrubbers and sprayers. You can watch the Ecobot 75 in action in the official company video below:

Capital Today, SoftBank Vision Fund 2, Meituan, and other investors participated in Gaussian’s Series C round. The company did not disclose its current valuation, reported Reuters.

In April, Gaussian Robotics raised $100 million in Series B funding.

The global market for cleaning robots will experience a compound annual growth rate (CAGR) of 22.8%, growing from $8.9 billion in 2021 to $24.8 billion in 2026, estimated Markets and Markets.

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