Tech Company Financing Transactions
Rokid.AI Funding Round
Rokid.AI closed a $112 million Series C funding round on 12/11/2023. Investors included NetDragon.
Transaction Overview
Company Name
Announced On
12/11/2023
Transaction Type
Venture Equity
Amount
$112,000,000
Round
Series C
Investors
NetDragon (Lead Investor)
Proceeds Purpose
The company will use the new funds to expand its reach overseas. Misa Zhu, founder and chief executive of Rokid, said the pandemic thwarted the company's expansion plans, but the new investment and partnership will put that journey back on track.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Building 8, No. 1288 Liangmu Road Yuhang District
Hangzhou, Zhejiang, 310030
CN
Hangzhou, Zhejiang, 310030
CN
Phone
Undisclosed
Website
Email Address
Overview
Empowering frontline workers and helping our clients minimize downtime and maximize efficiency with Industrial AR is our core, which is reflected in our flagship product, X-Craft. Mixing cutting-edge tech and ruggedness, X-Craft is the first and only 5G, explosion proof AR glasses. It is already empowering frontline workers with three key functions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mingming Zhu
Chief Financial Officer
Shunde Wang
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We document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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