CloudMinds
IPOCloud AI Connecting To The Future
Public · Beijing, China · Founded 2015 · $477.3M raised
- Headquarters
- Beijing
- Employees
- 501–1000
- Founded
- 2015
- Business Model
- B2B
- Website
- cloudminds.com
- Total Funding
- $477.3M
- Last Round
- $138.3M Series CJul 2023
- Rounds
- 5
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
CloudMinds is an operator of cloud-based cognitive robotics systems founded in March 2015 by Bill Huang, a veteran of China Mobile Research Institute. Headquartered in Beijing, the company developed the Human Augmented Robotics Intelligence with Extreme Reality (HARIX) platform and a secure VBN (Virtual Body Network) infrastructure enabling cloud-connected robots to offload computation to the cloud. CloudMinds expanded operations to 25 countries and raised substantial backing from SoftBank and other investors. The company faced challenges after being added to the U.S. Entity List in 2019 amid trade tensions, which blocked its planned U.S. IPO and forced a restructuring of its U.S. operations. CloudMinds subsequently refocused on the Chinese market and continued developing cloud robotics and AI services.
Summary
CloudMinds is an Artificial Intelligence company based in Beijing, China, founded in 2015. It has raised $477.3M in total across 5 rounds, most recently a $138.3M Series C round in Jul 2023. Investors include SoftBank.
Tech & App Stack
8 technologies & apps tracked
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Funding & Exit History
Jul 2023
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Funding: Seed through Series C. Amounts, valuations, and investors where available.
Investors
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