The Most Potential Companies in China for Commercial Robots

The global commercial robot market is experiencing rapid growth, with an annual increase of 20% to 30%. This expansion is enhancing operational efficiency, reducing labor and management costs, and driving innovation in traditional service industries. As a result, more companies are accelerating the integration of commercial robots into their operations. These robots are now being deployed across various sectors such as retail, restaurants, hotels, and finance. Below, we take a closer look at the top 10 companies showing the most potential in the commercial robotics space.

China Commercial Robot Potential Companies Ranking.jpg

NO.1 Flags Technology (Sambo Robot)

Founded in 2006, Flags Technology has been a pioneer in China's commercial robotics industry. It was the first to introduce the concept of platform robots. The company currently offers the Sanbao Elf and Sanbao Kongang series, with extensive applications in retail, customs, education, healthcare, and legal fields. At the 2017 World Robotics Conference, they unveiled the world’s first three-in-one robot, featuring intelligent voice systems, vision capabilities, human-like arms, and advanced navigation technology. Their "Robot + 100 Businesses" strategy aims to drive innovation through a developer ecosystem.

NO.2 Cobos (Wang Bao Robot)

Cobos was established in 1998 and launched its commercial robot R&D project in 2013. From 2015 to 2017, it released three generations of the Wangbao robot. The third generation features significant advancements in motion platforms, AI, and system architecture, enabling unique industrial applications. Currently used in banking, insurance, retail, and judicial sectors, these robots can handle tasks like customer service, data management, and reception.

NO.3 You Must Choose (Cruzr)

Ubisoft, founded in 2012, launched Cruzr, its first commercial service robot, in early 2017. Cruzr is equipped with full-featured arms, omnidirectional movement, multi-modal interaction, and U-SLAM navigation. It serves in transportation, retail, exhibitions, and more, offering personalized services. With strong technical expertise in human-robot coordination and motion control, Ubisoft raised $100 million in B-round financing and aimed for sales of 1.5 billion yuan in 2017.

NO.4 ROOBO (Jelly & Farnese)

ROOBO, established in 2014, offers Jelly and Farnese robots designed for banks, hospitals, and public spaces. Jelly supports open customization, while Farnese provides services in airports and shopping malls. Based on ROS.AI, ROOBO provides comprehensive solutions. In September 2017, it raised 350 million RMB, led by Seven Seas Capital, and welcomed former Tencent CTO Xiong Minghua as chairman.

NO.5 Cloud Technology (Run & Yunfan)

Cloud Trace Technology, founded in 2014, offers Run, Water Drops, and Yunfan robots. Run is widely used in hotels, serving major international chains. Yunfan finds application in government offices, banks, and luxury stores. The company secured A-round funding from HKUST and HNA and became an Intel OEM partner in 2017.

NO.6 Kang Liyou Blue (Youyou U05)

Kangli Youlan, established in 2006, launched the U05 robot in 2015. It features advanced image recognition, speech systems, and autonomous navigation. Used in museums, malls, and financial institutions, the U05 has a dedicated production line and is expanding its reach.

NO.7 Ke Luther (Wow Europe)

Kluder Robots, a subsidiary of Haier, was founded in 2015. Its product "Wow Europe" evolved into "Wow Europe II," capable of switching functions based on environment. It also offers a software development interface. In 2017, Kluder raised 60 million yuan and reached a valuation of 420 million yuan.

NO.8 Evolved (Little Fat)

Evolved Robots, founded in 2015, focuses on cognitive navigation and emotional operating systems. The company raised 80 million yuan in A+ round financing and has completed over 200 million RMB in total funding, reaching a valuation of over 1 billion RMB.

NO.9 Amy (AMY)

Hangzhou Amy Robot, founded in 2015, developed the M1 robot for banks, hospitals, and rehabilitation centers. In 2017, it raised 15 million yuan in A-round financing for marketing and sales expansion.

NO.10 Has a Robot (YOGO)

Shanghai-based YOGO, founded in 2015, offers hotel and dining robots. These self-developed robots can adapt to various environments without changes. They solve challenges like elevator use and multi-robot coordination. In 2016, YOGO received Pre-A funding from IDG.

This list is officially published by the China Artificial Intelligence Robotics Industry Alliance (CAIA). It aims to boost awareness and influence among domestic commercial robotics companies, encouraging them to innovate and promote the growth of the Chinese commercial robot market.

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