Chinese household robot brand Narwal Robotics announced on Monday it had secured US$100mil (RM441.24mil) in a new funding round led by Tencent Holdings and the state-backed Beijing Robot Industry Development Investment Fund.
Based in Shenzhen, Guangdong province, Narwal is known for its robot vacuums and mops. The company plans to use the funding primarily to develop its first “embodied-intelligence product for households”, expected to launch in two years, according to a statement.
