Cowarobot Revenue, Valuation, Funding & Investors

Cowarobot is valued at $3B as of June 2026, a 21.4x multiple on its last reported $140M revenue.

Last Cowarobot valuation

$3B

Undisclosed stage · Jun 2026

Last Cowarobot funding round

$600M

Undisclosed stage · Jun 2026

Cowarobot revenue

$140M

Undisclosed stage · Jun 2026

Key investors in Cowarobot

  • SoftBank Group
  • SBCVC
  • Cyber Creation Ventures (CCV)
  • Empower Investment
  • China Minsheng Investment Group
  • Infore Capital

Cowarobot Overview

About Cowarobot

Cowarobot engineers autonomous delivery robots and self-driving solutions for urban mobility from its headquarters in Hangzhou, China. Established in 2016, the firm deploys wheeled robots for last-mile logistics in airports, campuses, and hotels, partnering with Alibaba and Dubai Airports for trials. Its products handle payloads up to 100 kilograms over 50 kilometers per charge, incorporating AI for obstacle avoidance and multi-robot fleet management.


Founded

2013

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Revenue

$140M (Jun 2026)

Valuation

$3B (Jun 2026)

Cowarobot Valuation

Cowarobot is currently valued at $3B, based on its undisclosed-stage round in June 2026.

The $600M round included SoftBank Group and Asian Infrastructure Investment Bank.

Cowarobot valuation by funding round

Cowarobot valuation by funding round
DateStageValuationRevenue Multiple
Jun 2026Undisclosed stage$3B21.4x

Cowarobot Revenue

Cowarobot's latest recorded revenue is $140M, as of its undisclosed-stage round in June 2026. At a $3B valuation, that implies a 21.4x revenue multiple.

Cowarobot revenue by funding round

Cowarobot revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jun 2026$140M$3B21.4xUndisclosed stage

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Cowarobot Funding History

Cowarobot has raised a total of $871M across 3 funding rounds.

Cowarobot's first fundraising round was a $21M Series B in May 2018. The most recent completed round was a $600M undisclosed-stage round in June 2026.

Cowarobot funding rounds

Cowarobot funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2026Undisclosed stageSoftBank Group; Asian Infrastructure Investment Bank$600M$3BIn June 2026, COOWA raised over USD 600 million in venture funding from Softbank Capital and the Asian Infrastructure Investment Bank. The company, also known as COWAROBOT, is dedicated to enhancing future travel experiences through robotics, self-driving technology, and intelligent solutions, aiming to solve pain points for people on the move. COWAROBOT specializes in L4-level commercial vehicle autonomous driving and has been valued at USD 3 billion with reported revenue of USD 871 million. The company operates in Asia, with a focus on China, and has previously been associated with Asia Investment Capital. Its operational scale includes commercial vehicle fleets and urban public service vehicles, contributing to convenience and pleasure for travelers.
Sep 2021Series C-$250M-Cowarobot is an industrial robotics company that raised $271.17M across 7 funding rounds, with its Series C closing on September 29, 2021. The Series C round was led by China Creation Ventures alongside other backers including Orca M&A Capital and Infore Capital.
May 2018Series BCyber Creation Ventures (CCV) (lead); SBCVC (lead); China Minsheng Investment Group; Wuhu Yuanda Chuangtou; Empower Investment; Ying Feng Investment Create Value; Infore Capital$21M-Cowarobot is a Chinese robotics company developing smart suitcases that follow their owners autonomously, as well as unmanned ground sweepers and other robotic solutions. The company operates in the consumer robotics space, focusing on autonomous mobile robots for travel and cleaning applications. The company raised $21.2 million (135 million yuan) in a Series B funding round on or around May 14-18, 2018, jointly led by Cyber Creation Ventures (also referred to as China Creation Ventures) and SBCVC (SoftBank China Venture Capital), with participation from China Minsheng Investment Group, Infore Capital, Empower Investment, Wuhu Yuanda Chuangtou, and Ying Feng Investment Create Value. Cowarobot has continued raising capital post-2018, accumulating over $271M across seven rounds by 2022, including later Series B extensions, Series C, and Series D.

Who has invested in Cowarobot?

9 investors have backed Cowarobot across its funding rounds, including SoftBank Group, SBCVC, Cyber Creation Ventures (CCV), Empower Investment, China Minsheng Investment Group and Infore Capital.

Lead investors include Cyber Creation Ventures (CCV) and SBCVC.


Cowarobot Investors

Investors in Cowarobot by funding rounds participated
InvestorHQRoundsRoleFirst check
China Minsheng Investment GroupChinaShanghai1ParticipantMay 2018
SoftBank GroupJapanTokyo1ParticipantJun 2026
Cyber Creation Ventures (CCV)ChinaBeijing1LeadMay 2018
Wuhu Yuanda ChuangtouChinaWuhu1ParticipantMay 2018
Empower InvestmentChinaShanghai1ParticipantMay 2018
Ying Feng Investment Create ValueChinaXiamen1ParticipantMay 2018
SBCVCChinaShanghai1LeadMay 2018

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Cowarobot Competitors

Cowarobot competitors include listed companies like UBtech Robotics and Cidi, and private ones like Avride, Waabi, Zelos and Didi Woya.

Public and private companies comparable to Cowarobot
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
AvrideUnited StatesAustin, TXPrivate--$2.8B-
WaabiCanadaCanadaPrivate--$3.8B-
ZelosChinaBeijingPrivate--$2B-
Didi WoyaChinaBeijingPrivate--$5B-
UBtech RoboticsChinaChinaPublicly listed$298M($108M)$5.1B9.5x
CidiChinaChinaPublicly listed$132M($155M)$1.3B5.0x

Cowarobot Public Comps

Cowarobot is still privately-owned, but its public comps include Pony AI, Infleqtion, Space42, Hesai Technology, WeRide, Ondas, Avic (Chengdu) Uas, ROKAE Robotics, HL Mando and KPIT Technologies.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Pony AI$90M($71M)21.1x14.1x(26.9x)(7.9x)
Infleqtion$29M($52M)92.3x64.5x(50.9x)(60.0x)
Space42$577M$88M3.7x3.4x24.1x8.7x
Hesai Technology$451M$71M4.0x3.1x25.3x24.0x
WeRide$102M($257M)11.4x8.3x(4.5x)(5.0x)
Ondas$51M($127M)57.8x7.4x(23.0x)(31.0x)
Avic (Chengdu) Uas$450M$19M8.6x-202.0x-
ROKAE Robotics$78M($7M)20.7x-(221.3x)-

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Common questions about Cowarobot

When was Cowarobot founded?Cowarobot was founded in 2013.
Where is Cowarobot headquartered?Cowarobot is headquartered in Shanghai, China.
Is Cowarobot publicly listed?No, Cowarobot is a private, VC-backed company.
What is Cowarobot's valuation?Cowarobot was last valued at $3B in its undisclosed-stage round in June 2026.
How much funding has Cowarobot raised?Cowarobot has raised $871M across 3 funding rounds.
What was Cowarobot's last funding round?Cowarobot's last funding round was a $600M undisclosed-stage round in June 2026.
Who are Cowarobot's investors?Cowarobot's investors include China Minsheng Investment Group, SoftBank Group, Cyber Creation Ventures (CCV), Wuhu Yuanda Chuangtou, Empower Investment, Ying Feng Investment Create Value, SBCVC, Asian Infrastructure Investment Bank and Infore Capital.
What is Cowarobot's revenue?Cowarobot's latest recorded revenue is $140M (June 2026).
What is Cowarobot's revenue multiple?Cowarobot's latest valuation implies a 21.4x revenue multiple ($3B valuation on $140M of revenue).
Which companies are comparable to Cowarobot?Companies comparable to Cowarobot include Avride, Waabi, Zelos, Didi Woya, UBtech Robotics and Cidi.

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