Elite Robot won another 100 million yuan financing, the first to talk about "leapfrogging" and "ingenuity"

Elite Robotics announced on the evening of September 2 that it had received a new round of financing of 100 million yuan led by CICC Jiazi on August 31, 2021, followed by old shareholders Guozhong Capital and Lenovo Venture Capital.

Since then, Elite Robotics has completed the B1 round of financing led by Lenovo Venture Capital and Zhangjiang Science and Technology Investment and the B2 round of B2 led by CICC Jiazi in the past six months.

Dr. Cao Yunan, chairman and CEO of Elite Robot, said in an interview with the Robot Lecture Hall that this round of financing coincides with the rhythm of the 10,000 lighthouse factory just completed in Suzhou in August, which will help Elite achieve the goal of gradually increasing its production capacity to 10,000 units per year in the next 2-5 years.

It is understood that the establishment standard of the 10,000 lighthouse factory built by Elite Robot in Suzhou is very high, with nearly 2,000 square meters of clean room, which is mainly used to ensure the assembly quality of collaborative robot joint modules, and will help Elite product quality to reach the international leading level.

At present, the factory has begun to put into production, and will cooperate with the global headquarters of Elite Zhangjiang, Beijing company and Shenzhen company, which have successively completed the hardware upgrade, to promote the overall improvement of customer service capabilities.
Elite Robot won another 100 million yuan financing, the first to talk about "leapfrogging" and "ingenuity"

Elite Robot won another 100 million yuan financing, the first to talk about "leapfrogging" and "ingenuity"

Since the second half of 2019, Elite Robot has fully focused on the collaborative robot track, and has actually delivered more than 1,000 collaborative robots in 2020.

For the collaborative robot track and the development of Elite, the capital market has high hopes.

Liang Guozhong, Managing Director of CICC and a member of the Management Committee of CICC Capital, said: "The growth and development speed of the entire robot market, including traditional industrial, service, special and collaborative robots, is very convincing after the epidemic. In particular, collaborative robots stand out among many industrial robot categories and show a faster growth rate. Judging from the current development trend, both macro strategy and micro tactics are in line with our investment logic. If it's just overtaking in a corner, it's not easy to overtake others, so we're more optimistic about the opportunity to 'change lanes and overtake'. Collaborative robots are a new track for traditional industrial robots. Although UR, the industry leader, is in a leading position in China, whether it is shipments or volume, it is not an unattainable existence for other competitors, and domestic collaborative robot manufacturers have every opportunity to run out. In the selection of contestants, we believe that the competitiveness of the current collaborative robot manufacturers should not only focus on the ability to obtain orders, but also pay attention to the founding team's cognition of this business and the collaborative robot product, the vision and planning for future development, and the logic and genes behind the company. ”

Zhou Wei, a member of the founding team and executive general manager of CICC Jiazi, also said: "It is precisely because of the layout based on the whole industry chain that the transformation and upgrading of the industrial field is by no means a structural opportunity, but a systematic opportunity. We are optimistic about this general direction, so we will carry out a systematic layout in the entire industrial chain, and this investment in Elite Robot is an important layout for us in the field of collaborative robots. In the future, the demand for collaborative robots in industrial and consumer scenarios will usher in an explosion, and from the collaborative robot companies represented by UR, it has been proved that there is a broad demand for industrial scenarios in the past market development and case landing process. However, the consumption scenario is also worth looking forward to, if the future collaboration track wants to run a few companies that can compete with the four major families, it must have the blessing of the explosion of consumption scenarios to be possible. If we can dig out applications that can be universally adapted in the consumption scenario, we can achieve what we call 'leapfrogging'. All in all, both industrial and consumer scenarios need to be paid attention to strategically. If you want to be a great company, you can't be tactically ambitious, pick the low-hanging fruits first, and then pick the fruits that you can reach with a jump, which is the attitude of doing business steadily. ”
Elite Robot won another 100 million yuan financing, the first to talk about "leapfrogging" and "ingenuity"

In this round, the old shareholder Guozhong Capital continued to escort Elite Robot, and also expressed its firm optimism about the collaborative robot track.

Dr. Cao Yunan, Chairman and CEO of Elite Robot, mentioned to the Robot Lecture Hall: "In just a few months, Elite is very fortunate and inevitable to receive the blessing of another leading institution. Adhering to the strategy of steady and steady play is the key to winning the future of Elite Robot. In terms of products, Elite will continue to emphasize quality and quality, face up to the gap with foreign excellent brands, and truly do a good job in the basic quality of multiple products, including product stability, reliability and integrity.

In order to achieve the comprehensive improvement of product quality, it is not only necessary to work research and development, but also to improve production quality, strengthen the level of supply chain, and continuously improve product quality.

With the help obtained in the capital market, Elite Robotics plans to continue to accelerate the iteration of technology, the polishing of the product side, and the innovation of the application side in the future. Through the experience accumulated based on a large number of real domestic and foreign projects, the advantages of "Elite Robot Application Ecology" are also accelerating. “

Dr. Cao Yunan, chairman and CEO of Elite Robotics, finally mentioned the word ingenuity, "Whether it is a product or an ecology, the ultimate service is the user, and in the final analysis, it is to solve the pain points that are visible to the eyes or even not visible at the moment, which is ingenuity." Elite's mission is to focus on that, and that's what Elite believes in. Cao Yunan explained: "The future of collaborative robots must have greater imagination, let's wait and see." ”

Elite Robot won another 100 million yuan financing, the first to talk about "leapfrogging" and "ingenuity"

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