Artificial Intelligence Top 10 In China – 4/10

Ranking: Number 4
Company Name: Ubtech Robotics
Field: Robotics
Funding Total: US$122 Million
Valuation: US$1 Billion

UBTECH Robotics
No.1001 Xueyuan Road
16th & 22nd Floor, Block C1
Shenzhen, Nanshan District518055
China

T: +86 755 83474428
Marketing@ubtrobot.com

(Ubtech’s Alpha 2 robot has more artificial intelligence capabilities, including voice chatting and simultaneous interpretation.)

Founded in 2012 in Shenzhen, Ubtech has launched a number of small humanoid robots for entertainment and education purposes. Its Alpha 1 Pro, Alpha 1S and Alpha 2 humanoid robots can dance, play music and make simple moves.

The company also has a do-it-yourself robot kit, Jimu Robot, which is currently being sold in Apple stores. The company plans to officially release a new product in partnership with Amazon’s Alexa voice assistant system later this year.

With US$122 million raised from top investors, including CDH Investments, CITIC Securities, Qiming Ventures and Shenzhen-listed speech recognition company iFlytek Co., Ltd., Ubtech is the only robotics unicorn in China, being valued at over US$1 billion. The company’s ultimate objective, after having perfected its small scale humanoid robots, is to make a human-size humanoid robot that can be a family member serving multiple purposes.