Bangbang Robotics
Manufactures and sells movable assistant robot for the disabled people.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | CNY100m | Series B | |
| Total Funding | 000k | ||
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Based in Shanghai, China, Bangbang Robotics was founded in 2016 by Li Jianguo. The company operates in the assistive technology and robotics market, focusing on developing devices to enhance mobility for the elderly and individuals with disabilities. Its business model encompasses the entire value chain, including research and development, manufacturing, and sales. A significant portion of its revenue, approximately 35%, is generated from overseas markets, with its products sold in over 20 countries across Europe, the Middle East, and Asia, in addition to its domestic market in China.
The company's product lines include devices for home rehabilitation, travel assistance, nursing, and physiotherapy. A notable product is the "Robooter," an intelligent electric power wheelchair that has received accolades such as the iF Design Award. Another key product is the XZ-Droid, a standing wheelchair that won a Red Dot Award. These devices are engineered to assist with functions like sitting and standing, featuring electronically adjustable seats and joystick maneuverability. Some models incorporate features like a low center of gravity to prevent rollovers and built-in sensors for safety. The offerings can be controlled and configured via a companion mobile application.
Bangbang Robotics has secured significant funding to support its growth. The company has raised a total of $19.9M. Its most recent funding was a Series B round on June 30, 2022, where it raised nearly 100 million yuan (approximately $14.9M), with investors including Lake Bleu Capital and BioTrack Capital. This followed an earlier Series A round in January 2021 and a venture round in August 2018. The company's progress has been recognized, with The Information naming it one of the Top 50 Most Promising Startups in 2022.
Keywords: assistive technology, mobility scooters, electric wheelchairs, rehabilitation robotics, elderly care, disability aids, intelligent mobility, patient transfer, standing wheelchair, physiotherapy devices, home rehabilitation, travel assistance, assistive robotics, Li Jianguo, Robooter, XZ-Droid, medical devices, mobility solutions, personal mobility, healthcare technology