On December 30, 2020, Shanghai Qinglang Intelligent Technology Co., Ltd. announced the completion of round C financing, led by Softbank ventures Asia. This is the second round of financing completed by the company within this year, with a total financing amount of hundreds of millions of yuan. This round of financing is mainly used to further deepen the penetration of Qinglang distribution robot in the domestic catering market, overseas market expansion and the horizontal development of new business departments such as medical treatment. CHONGYING capital serves as the exclusive financial adviser of this round.
Previously, Qinglang intelligent completed round B financing in March 2020. The total amount of two rounds of financing at the beginning and end of this year reached hundreds of millions of yuan.
Founded in 2010, Qinglang intelligent is a world leading intelligent service robot, focusing on catering, medical treatment, hotel, entertainment, retail, venues, government affairs, business office, real estate, community pension, banking, postal, finance, insurance, airport, station and other commercial scenes, Artificial intelligence enterprises and indoor driverless technology enterprises that provide new intelligent unmanned distribution solutions.
Its founder Li Tong once participated in the development of Microsoft robot operating system project robotic studio in the incubation team of Microsoft Asian Engineering Institute.
So far, Qinglang has iteratively released more than 10 products, and all of them have realized the landing of offline business scenarios, broadening the service field and application scenarios of unmanned distribution robots. As of October 2020, the meal delivery robot in Qinglang intelligent product series has ranked first in the 4.6 trillion catering market, with a global market share of more than 80%. It has cooperated with more than 10000 b-end customers, served 80 million + person times, and achieved large-scale mass production and commercialization. In addition, Qinglang intelligent has reached cooperation with 65% of the top 100 catering brands to provide unmanned catering robot solutions for well-known catering enterprises such as Haidilao, grandma’s house, Guangzhou hotel and Fengmao kebab.
Compared with the domestic market, the labor cost of overseas market is higher, and the demand of unmanned distribution market is greater. While occupying the domestic market, Qinglang intelligence is also actively exploring overseas markets. By the third quarter of 2019, it has entered more than 60 overseas countries and regions such as the United States, Canada, the United Kingdom, Spain, Germany, Italy, Greece, Belgium, Denmark, Hungary, Thailand, New Zealand, Australia, South Korea, Japan, the Dominican Republic and the United Arab Emirates. It has been reported by BBC, NBC, Reuters and other overseas media for many rounds, conveying the scientific and technological charm of China’s intelligent manufacturing overseas.
Li Tong said that the medical market is a rapidly developing market. In the past, the change was relatively slow and the cycle was long, and the epidemic situation has greatly compressed the change cycle of the medical industry. During the period of COVID-19, the Qing Lang robot took the initiative at the first time to carry out the plan of “intelligent epidemic prevention and rush to support the national epidemic area”. Hundreds of robots were sent to all the epidemic areas in the country, including nearly 200 hospitals and isolation points such as Wuhan Union Hospital, shelter hospital and so on. Reduce the workload of medical staff and save medical protective articles. Greatly promoted the landing of Qinglang in the medical scene.
Li Tong said that robot applications had been applied and popularized on a considerable scale in life before the epidemic, and the epidemic accelerated the process of robot applications being recognized by everyone. On the other hand, the epidemic situation is a “big test” in the field of distribution robots, and the results have proved that distribution robots can respond quickly and undertake work in this emergency test. After the epidemic, the unmanned distribution robot industry will be rapidly and continuously promoted. It is expected that robots may be seen in the business circles of first tier cities in 2-3 years.
Ding Haipeng, partner of Softbank Asia, said: “This year’s epidemic has had a great impact on all walks of life. The gradual popularization of service robots has solved the troubles of many businesses in recruitment, distribution, killing and so on. As a leading enterprise in the service robot industry, Qinglang has enabled a large number of customers to realize rapid and intelligent transformation with its robot’s high performance and efficient response speed of the technical team. Qinglang’s team is already good at it The industry has been deeply cultivated for 10 years. We are optimistic about their ability to expand in more industries and global markets, and better assist customers to improve business efficiency through excellent robot products. “
Softbank Asia’s investment in Qinglang intelligence has an effect of 1 + 1 greater than 2 for Qinglang’s expansion overseas, especially in the Asian market, and jointly explore solutions to provide intelligent unmanned distribution of surrounding life covering the world.