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Home Technology AI and Machine Learning

China’s RobotPlusPlus eyes overseas market

Gigi Onag by Gigi Onag
May 24, 2022

Aerial works robot provider RobotPlusPlus will accelerate R&D and will expand its market presence outside China with new robots for cargo-hold cleaning, tank painting and façade cleaning.

The company announced its plans in the heels of securing a US$15-million Series B funding led by Meituan, China's leading tech and online retail company, and Fosun, a global innovation-driven consumer group.

"While we've previously focused on the Chinese market, 2021 has brought us more success outside China. We're looking forward to making our solutions available to a broader audience and cementing our position as a key player globally," stated Andy Lu, partner & SVP of RobotPlusPlus.

To support its global expansion, the company is set to open an office in Singapore to serve the Asian and Middle Eastern markets.

RobotPlusPlus has a portfolio of robotic solutions for crucial industries such as maritime, ship repair, petrochemicals, and power generation, with hundreds of magnetic crawler robots deployed globally. The company focuses providing aerial work safety for operators while improving the efficiency of Inspection, Maintenance, and Repair (IMR) solutions and lowering operating costs for asset owners.

With its large team of skilled engineers and operators in place, RobotPlusPlus also provides Robot as a Service(RaaS) services to clients, enabling them not only to offer timely and cost-effective services but also to gain insights into industrial application scenarios.

"An aging workforce, rising labour costs, frequent aerial work-related accidents, and the COVID-19 pandemic have had an accelerative effect on the aerial work robotics sector," said Pu Xiao, investment manager at Fosun. "RobotPlusPlus empowers people with robots while helping increase operational safety and productivity. We're excited to support the company in leveraging AI and RaaS to optimise aerial work environments and enable robotic applications."

Hua-yang Xu, founder and CEO of RobotPlusPlus reiterated the company’s commitment to delivering “more transformational results” to its customers

The company plans to use its fresh funding to upgrade current products by integrating more autonomous technologies

Related:  HK Cyberport subsidises 30 projects for early 5G deployment
Tags: automationChinaIndustry 4.0preventive maintenancepreventive monitoringRobotPlusPlusRobotssensors
Gigi Onag

Gigi Onag

Gigi has more than 15 years of experience in technology journalism, covering various aspects of enterprise IT and telecommunications from both business and technology perspective. Before joining CXOCIETY as editor for FutureIoT in July 2019, she was assistant editor of ComputerWorld Hong Kong. Based in Hong Kong, she started with regional IT publications under CMP Asia (now Informa), including Asia Computer Weekly, Intelligent Enterprise Asia and Network Computing Asia and Teledotcom Asia. She had contributed articles to South China Morning Post, TechTarget and PC Market among others.

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