Hangzhou BlueCore Technology

About Hangzhou BlueCore Technology

Hangzhou BlueCore Technology, officially renamed Hangzhou BlueCore Robot Technology Co., Ltd. in November 2025, was established in 2016 and is positioned as a developer of mobile robot deep vision systems. The company was founded by Dr. Gao Yong, who holds a Ph.D. in Pattern Recognition and Artificial Intelligence Systems from the Chinese Academy of Sciences and has prior experience in computer vision R&D at Microsoft Asian Engineering Institute and Ricoh. His expertise addresses a market gap where traditional mobile robots, reliant on 2D solutions like magnetic strips or QR codes, lacked the environmental adaptability needed for complex industrial settings. The founding team also includes talent from Fudan University and Zhejiang University.

The company's core offering is its proprietary Mobile Robot Deep Vision System (LX-MRDVS), which equips autonomous mobile robots (AMRs) with 3D vision perception. This system, encompassing 3D vision sensors and perception algorithms, allows robots to navigate and avoid obstacles in complex and dynamic environments, a significant step up from traditional laser radar-based navigation. The technology can identify obstacles as small as 3cm above the ground or 3cm depressions and performs reliably even in challenging lighting conditions. BlueCore Technology provides a full suite of products, from the core LX-MRDVS to complete robot units and industry-specific solutions. Its product lineup includes intelligent material handling robots, unmanned forklifts, SMT loading/unloading robots, and even a humanoid robot module, serving industries such as 3C electronics, new energy (photovoltaics and lithium batteries), and packaging.

The business model focuses on providing integrated solutions to manufacturing clients and also selling core components like 3D vision sensors and controller modules to integrators and research institutions. Revenue is generated from the sale of these hardware products and comprehensive logistics solutions. The company has demonstrated strong market traction, with a compound annual revenue growth rate exceeding 80% from 2019 to 2024 and an expanding global market presence. Key clients include prominent names like Huawei, ZTE, BYD, Foxconn, and LG New Energy. BlueCore has successfully raised significant capital through multiple funding rounds, including a Series C+ round in May 2025, to fuel its R&D in 3D vision, expand its product lines, and enhance its global supply chain. The company has stated its intention to pursue an IPO.