KEYI Technology: Raises Tens of Millions of Dollars in Series B Financing

KEYI Technology: Raises Tens of Millions of Dollars in Series B Financing

• KEYI Technology, a Chinese consumer robotics company, raised tens of millions of dollars in Series B financing
• The round was led by Xiaomi and Shunwei Capital, followed by existing shareholders Source Code Capital and BlueRun Ventures
• The funds will be used to build a developer ecosystem and develop new products
• ClicBot, now with over 10,000 users worldwide, recently has been made available in China through an online and offline simultaneous direct sale model
• The company plans to expand sales of ClicBot in the market by upgrading the robot and establishing relationships with more domestic retailers