Event
OneRobotics raises about HK$1.64B in Hong Kong IPO
Key points
- OneRobotics completed its Hong Kong IPO after building the SwitchBot smart-home automation and robotics brand.
- Caixin reported the company raised about HK$1.64 billion, approximately US$206 million.
- The IPO followed prior private financing, including a Series C round in May 2025.
Company context
SwitchBot is a consumer home robotics and smart-home brand built around retrofit automation devices, household robots, robot vacuums, smart locks, sensors and home-control hubs. The company sells products under the SwitchBot brand and has expanded from switch and curtain automation into embodied home robotics, including mobile home robots, robotic arms and a wheeled humanoid household robot concept.
Context
- Company
- SwitchBot
- Segment
- Consumer
- Event type
- Funding
- Geography
- Shenzhen, Guangdong · China