Robot++ raises Series C to take workers off scaffolding
What's the deal? Robot++, a Beijing-based maker of industrial robots for dangerous work-at-height tasks, has closed a Series C round worth tens of millions of dollars. Qianggang Capital Fund led the round, joined by GIG Capital Group, Sealand InnovationDealroom has a profile for this one. Try Dealroom →, and Juntong CapitalDealroom has a profile for this one. Try Dealroom →, with Fosun RZ CapitalDealroom has a profile for this one. Try Dealroom → increasing its stake.
What's the endgame? The company builds robots that replace skilled workers on scaffolding across shipyards, oil-and-gas facilities, wind farms, and building facades. Its hull derusting robots run five to six times faster than manual methods and cut overall costs by 30% to 50%. The new capital funds global expansion and embodied AI development.
Why now? Robot++ has moved beyond a single product. Its derusting robots are deployed at more than 100 shipyards, hold market share above 70%, and have worked on over 10,000 cargo vessels — commercial scale that gives the company grounds to expand into other industrial applications.
By the numbers: Robot++ operates across more than 18 countries, counting NOSCO ShipyardDealroom has a profile for this one. Try Dealroom →, Drydocks WorldDealroom has a profile for this one. Try Dealroom →, ST Engineering MarineDealroom has a profile for this one. Try Dealroom →, Saudi AramcoDealroom has a profile for this one. Try Dealroom →, and VopakDealroom has a profile for this one. Try Dealroom → among customers and partners. More than 60% of its workforce is in R&D, with R&D spending above 20% of revenue for three straight years.
Its robots have logged over 2 million operating hours, generating real-world data to sharpen the company's vertical AI models. "The true value of industrial robotics lies in real-world execution," said founder and chief executive officer Hua-Yang Xu.
What investors see: "The endgame for embodied AI in industry is not the laboratory; it is the most demanding worksites," said Zhang Zhenming, general manager of Qianggang Capital Fund. Fosun RZ Capital first invested in 2022 and has kept adding to its stake.
The signal: The round reflects growing conviction that embodied AI pays off first in narrow, high-risk industrial niches rather than general-purpose humanoids. Robot++'s operating-hours data and entrenched market share point to defensible moats built through deployment, not demos.
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