Rosiwit (霞智科技), a commercial cleaning robot startup, has received tens of millions of yuan from a pre-Series A funding round, Chinese VC/PE-focused media outlet PEdaily reported on October 19.
The round was led by Honor Ventures, Winreal Investment and Oceanpine Capital, with the proceeds going toward product R&D, sales channel construction and talent recruitment.
Founded in 2021, Rosiwit specializes in manufacturing smart service robots, especially commercial cleaning robots, by combining AI and 5G technologies.
The Nanjing-headquartered company chooses to adopt a modular design for its robotic products, leveraging multisensory perception and deep learning algorithms to give its robots the ability to navigate their operating environment.
The benefits include more precise positioning at lower costs. Besides, cloud-enabled data storage leads to enhanced efficiency.
The company claims to boast strengths in overseas distribution, something it says is rare among domestic competition.
As China wrestles with a labor shortage amid a demographic shift, the commercial cleaning industry is compelled to rely more and more on robots and automation techniques to assist or replace mankind.
Wider adoption of robots in commercial cleaning is inevitable, Li Ruiyuan, managing partner of Honor Ventures, said.
Commenting on the cash injection into Rosiwit, he said the firm stands out for its dedication to addressing client needs through independent innovation.
Nonetheless, the commercial cleaning segment in China is highly fragmented, with a large number of players competing for a share of the pie.
For Rosiwit to emerge through the ranks, it will have to hold its own against the rivals, such as local robot startups Gausium (高仙机器人), Sparkoz (汤恩智能) and Yijiahe (亿嘉和), or established foreign rivals like the German cleaning equipment producer Kärcher.