What is Rokid?
Rokid is a product-oriented platform company focused on advancing human-computer interaction through cutting-edge Augmented Reality technology. As a leading innovator in the AR space, Rokid dedicates its research and development efforts to creating sophisticated hardware and software for AR headsets, alongside building a robust ecological architecture. The company's mission is to make the transformative potential of AR accessible to everyone, driving forward the adoption and integration of immersive technologies across various sectors.
How much funding has Rokid raised?
Rokid has raised a total of $301M across 5 funding rounds:
Series B
$50M
Series C
$160M
Private Equity
$20M
Other Financing Round
$70M
Other Financing Round
$1M
Series B (2016): $50M with participation from Walden International, Advantech, and IDG Capital Partners
Series C (2022): $160M, investors not publicly disclosed
Private Equity (2023): $20M supported by NetDragon Websoft Holdings
Other Financing Round (2024): $70M featuring Government of Hefei city
Other Financing Round (2024): $1M, investors not publicly disclosed
Key Investors in Rokid
NetDragon Websoft Holdings
NetDragon Websoft Holdings Limited is a global leader in building internet communities, with a strong background in developing and scaling internet and mobile platforms. Their expertise spans online gaming and increasingly, online education, aiming to create the largest global online learning community.
Walden International
Walden International is an investment firm focusing on early-stage and expansion-stage companies in sectors like Internet & Digital Media, Semiconductors, and Software & IT Services. They provide capital and value-add expertise to accelerate company growth.
Advantech
Advantech is a leading provider of IoT intelligent systems and embedded platforms, offering comprehensive system integration, hardware, software, and global logistics support. They specialize in automation products and embedded systems.
What's next for Rokid?
With the recent major strategic investment, Rokid is poised to accelerate its R&D initiatives and expand its market reach. The company's focus on developing advanced AR hardware and software, coupled with its commitment to building a comprehensive ecosystem, positions it for significant future growth. This latest round of financing will likely fuel further innovation in human-computer interaction, enabling Rokid to solidify its leadership in the burgeoning AR market and explore new applications for its technology. The company's strategic backing from key entities suggests a clear path towards scaling its operations and enhancing its product offerings.
See full Rokid company page
