Clobotics bags $10 million in pre-Series B+ round

In pre-Series B+ funding, AI and drone startup Clobotics has secured US$10 million from Tiger Investment.

Clobotics bags $10 million in  pre-Series B+ round | BEAMSTART News

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The machine learning technology company will use the new funds for research and development as well as its expansion to Singapore.

Previously in August 2019, Clobotics secured US$22 million in pre-series B round following its series A investment of US$21 million in 2018.

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Headquartered in Shanghai and Seattle, Clobotics uses its fleet of drones to take precise photos for wind turbine blade safety inspections.

Founded in November 2016, the company booked nearly 100 million yuan (US$14 billion) in revenue in 2019.

“In less than two years since our founding, Clobotics has attracted top global brands as customers by pioneering new processes that combine artificial intelligence and computer vision with our own smart hardware capabilities and expertise in the wind and retail industries,” George Yan, CEO of Clobotics, said.

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