Hangzhou Ouroboros Technology

Hangzhou Ouroboros Technology

E-commerce industry solutions.

HQ location
China
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Total Funding000k
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Hangzhou Lingban Technology Co., Ltd., which also operates under the brand name Rokid, was established on March 18, 2014, and has positioned itself as a significant player in the augmented reality and human-computer interaction sectors. The company was founded by Misa Zhu (Zhu Mingming), who currently serves as CEO. Zhu's professional journey includes a pivotal role at Alibaba, where he led the M Lab, focusing on deep learning, computer vision, and natural language processing. This background in core AI disciplines provides a direct throughline to the company's focus on creating advanced interactive technologies. He is joined by co-founder Xiang Wenjie, a graduate of Cheung Kong Graduate School of Business with over a decade of product development and management experience at Alibaba, where he led the creation of China's first mobile OS and the first mobile movie ticketing system.

The firm’s core business revolves around providing full-stack augmented reality solutions, primarily for industrial and enterprise clients. It operates in the industrial metaverse market, offering a combination of hardware and software to facilitate digital transformation for businesses in sectors like energy, manufacturing, and transportation. The business model centers on the development and sale of AR hardware, complemented by its proprietary operating system, YodaOS, which creates a comprehensive ecosystem for its products. Lingban Technology generates revenue by selling its AR devices and solutions to companies globally, with its products being used in over 80 countries. Strategic partnerships with major enterprises such as China National Nuclear Corporation and State Grid Corporation of China underscore its focus on the B2B market.

Lingban Technology's product portfolio includes the development of several AR devices. Among its key products are the X-Craft, presented as the first all-in-one 5G industrial AR smart glasses, and the Glass 2, a monocular waveguide AR device. These devices are designed for demanding industrial environments and aim to empower a concept the company calls the "Super Worker" by providing hands-free information and remote assistance. A notable achievement is its AR product being the first and only one to be used in service aboard China's space station. The company holds over 260 patents, indicating a strong emphasis on internal research and development. Having secured multiple rounds of funding from prominent investors including Temasek, IDG Capital, and Fosun Group, the company is capitalized for continued growth and market penetration.

Keywords: Hangzhou Lingban Technology, Rokid, augmented reality, AR glasses, human-computer interaction, industrial metaverse, Misa Zhu, Xiang Wenjie, YodaOS, enterprise AR, 5G industrial AR, smart glasses, X-Craft, AR solutions, digital transformation, AI, computer vision, wearable technology, B2B technology, industrial AI

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