Credit Suisse, and CDIB Capital, along with existing investor IDG Capital, also joined this Series B extension round.
The first tranche of this round came in back in 2016, when Rokid raised US$50 million led by Chinese VC firm Advantech, with participation from IDG Capital and Walden International.
Established in July 2014, Rokid specialises in robotics research and AI development. The firm essentially provides voice-interactive access to weather, smart home automation, music, radio, weather, and basic chat. Rokid devices are compatible with third-party apps. The firm is currently working on audio offerings, which include a range of in-depth educational options and chat capabilities.
TheHangzhou-headquartered Rokid, which also has research centres in Beijing and San Francisco, also offers a combination of advanced facial recognition, voiceprint, 13 million HD camera and an eight-microphone array technologies that enables Rokid to remember and recognise individual family members. According to the company, its AI services make possible further individualisation of music, radio and other content, according to each family member’s preferences.
The firm’s two flagship products are Pebble and Alien.