Robosen Robotics (“Robosen”), a global B2C bipedal humanoid robot company, announced the completion of its Series B+ financing that was led by Cedarlake Capital, with Rencent Capital and Lightspeed China as follow-on investors. The financing round was also backed by the latest Series B investors including Sequoia Capital China, Dayone Capital and Glacier Capital. The Company has raised approximately US$100 in the recent Series B and B+ rounds.

Yi Bao, Chairman of Cedarlake Capital, expressed his admiration for Robosen, highlighting the company's unique approach and commitment to change the robotic industries: "Robosen stands out for its dedication to tackling 'difficult but correct' challenges. With their focus on bipedal, compact, and transformable robots, Robosen has been redefining the industry. Their craftsman-like dedication to core technology development have brought robots to life, turning aspirations into reality. We see great potential in Robosen to become a world leader in consumer robotics technology. As they continue to launch innovative products and explore the frontiers of cognitive intelligence and emotional interaction, Robosen is set to expand the horizons of the global consumer robotics industry. The integration of robots into households will happen sooner than expected, and we are committed to partnering with Robosen in this transformative journey. Cedarlake Capital is dedicated to the new dynamics, intelligence, and lifestyle changes. Robosen represents the culmination of these efforts, and under the guidance of its world-class creative team, we are eager to empowering its growth."

The company intends to allocate the new funding to the advancement of technological R&D, in addition to expanding its global talent acquisition efforts to bolster its R&D and sales teams.