How much funding has CloudMinds raised?

CloudMinds has raised $477.3M in total funding, most recently a Series C round.

Who are CloudMinds's investors?

CloudMinds's investors include SoftBank.

When was CloudMinds founded?

CloudMinds was founded in 2015.

Where is CloudMinds headquartered?

CloudMinds is headquartered in Beijing, China.

What industry is CloudMinds in?

CloudMinds operates in Artificial Intelligence, Robotics.

How many employees does CloudMinds have?

CloudMinds has 501-1000 employees.

CloudMinds

IPO

Cloud AI Connecting To The Future

Public · Beijing, China · Founded 2015 · $477.3M raised

Artificial Intelligence

Robotics

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

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.