Yarbo, a consumer-grade snow-plowing garden robot company, recently completed a B+ round of financing of over 100 million yuan. This round of financing was invested by CAS Investment, CICC Capital and Joyoung Innovation and Entrepreneurship Investment. The shareholder lineup includes the background of the Chinese Academy of Sciences, leading financial investment institutions and listed companies. The financing funds will be used for technology research and development investment, accelerating product optimization and iteration, and improving the supply chain and mass production delivery level. Glacier Capital serves as a long-term exclusive financial advisor.
Yarbo is currently the only consumer-grade snow-plowing robot in the world that has achieved large-scale commercial delivery. After nearly ten years of technological research and development exploration, Yarbo has established differentiated technical barriers in the field of snow-plowing robots. The company has broken through key technical difficulties such as battery technology in ultra-low temperature environments, navigation algorithms for complex terrains, and mechanical structure design that adapts to different snow conditions.
At present, the company’s global layout is accelerating. Yarbo has established an operations center in New York, USA, responsible for sales, services and localized operations in the North American market. In the future, it plans to establish a similar operation system in major snow-covered markets in Europe.
In terms of channel construction, many global dealers have taken the initiative to cooperate with Yarbo, including many dealers of traditional garden equipment. This channel reuse model helps to quickly establish a sales network and reduce market expansion costs.
In the future, Yarbo will continue to build intelligent solutions for all scenes of the garden through the unique “1+N” modular design to meet the differentiated needs of users throughout the year.
Note:
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