“Emotibot, a Chinese caring robot solutions provider, has secured USD 30 million in series B round funding, led by China Development Financial, followed by Cathay Financial Holdings. Its existing investors Ecovacs and Advantech Capital participated in this new funding round. Light House Capital served as exclusive financial advisor in the transaction.
Founded in 2015, Emotibot is an artificial intelligence company engaged in deploying deep learning, Chinese semantic understanding, emotional calculation and computer science to provide emotional robot solutions. The robot can read, see, listen, remember, self-learn, and understand a user’s emotions, and the affective states, emotions and intentions of the speaker.”