Yard cleaning robot developer Yarbo (汉阳科技) had closed a pre-Series A round of funding valued at more than 100 million yuan (US$14.53 million), Chinese media reported yesterday.
The Shenzhen-based startup roped in multiple investors during this round, led by Starlight Capital, followed by Zelos Megatrends, Glacier Cap, angel investor Wang Long, Silicon Valley investor HP Jin, angel investor Cheng Xiaohua, among other individual financial backers.
Proceeds from this round will be used on product manufacturing and overseas sales, said Allen Huang, founder and CEO of Yarbo.
Yarbo mainly supplies autonomous yard blowers and snow sweepers to owners of stand-alone villas in Western nations, helping to keep lawns and sidewalks free from foliage, snow or debris.
Founded in December 2015, it began to develop snowblowers in 2017, and launched the beta version of Snowbot, which it said was the world’s first home-use smart robotic snow blower.
In 2022, based on market feedback collected about Snowbot, Yarbo rolled out another multi-functional, eponymous lawn and gardening robot called Yarbo.
According to its website, Yarbo is a 3-in-1 intelligent yard care robot applicable to multiple scenarios of all seasons.
It is made up of a general-purpose body and multiple interchangeable modules, capable of clearing away snow, mowing lawn and removing fallen leaves — three major yard care needs of its users.
Yarbo said it will add more modules to this gadget, including roller brush, plow, tower, irrigation system, computer vision and robotic arm.
Yarbo consists of core members with prior experience at the ASM, DLR (German Aerospace Center), Huawei and Husavarna, a gardening equipment maker.