CloudMinds completes CNY1 billion Series B+ financing
CloudMinds completed a CNY1 billion Series B+ round led by Shanghai Chengtou Group and Shanghai Guosheng Group.
Evidence notes
- The Series B+ financing totalled CNY1 billion, approximately USD150 million at the time of the report.
- Shanghai Chengtou Group and Shanghai Guosheng Group jointly led the round.
- The financing followed CloudMinds' development of its cloud robot operating system, Smart Compliant Actuators and XR-1 robot family.
Company context
Cloud robotics company developing a "cloud brain" architecture where robots offload perception, reasoning, and control to centralized AI systems connected via high-speed networks.