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- HAI ROBOTICS
HAI ROBOTICS Valuation, Funding & Investors
HAI ROBOTICS is valued at $1.5B as of September 2021.
Last HAI ROBOTICS valuation
$1.5B
Series D · Sep 2021
Last HAI ROBOTICS funding round
$100M
Series D · Jun 2022
Cumulative funding HAI ROBOTICS raised
$285M
across 3 funding rounds
Key investors in HAI ROBOTICS
5Y Capital
Source Code Capital
HSG
Capital Today
01VC
Legend Star
About HAI ROBOTICS
HAI ROBOTICS is a Shenzhen-headquartered provider of autonomous case-handling robotic systems for warehouses and factories. The company develops AI-powered solutions like the HAIPICK system, first launched in 2015, which supports rapid deployment in logistics facilities. Clients including DHL Supply Chain, BEST Supply Chain, and Philips deploy HAIPICK for order fulfillment and storage. HAI ROBOTICS holds numerous patents in robotics and maintains offices in the United States, Germany, and Japan.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.5B (Sep 2021)
HAI ROBOTICS Valuation
HAI ROBOTICS is currently valued at $1.5B, based on its Series D in September 2021.
The $170M round was led by Capital Today, with participation from 5Y Capital, Legend Star, 01VC, HSG and Source Code Capital.
HAI ROBOTICS valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Sep 2021 | Series D | $1.5B |
HAI ROBOTICS Funding History
HAI ROBOTICS has raised a total of $285M across 3 funding rounds.
HAI ROBOTICS's first fundraising round was a $15M Series B in March 2021. The most recent completed round was a $100M Series D in June 2022.
HAI ROBOTICS funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2022 | Series D | Capital Today (lead); 5Y Capital; 01VC; HSG; Source Code Capital | $100M | - | Hai Robotics is a Chinese pioneer in Autonomous Case-handling Robot (ACR) systems for warehouse logistics, founded in 2016. The company differentiates itself from traditional Kiva robots by offering solutions that increase warehouse productivity by three to four times and storage capacity by as much as 230% compared to manually operated warehouses. Hai Robotics announced a Series D-II funding round on June 14, 2022, led by Capital Today with participation from 01VC, 5Y Capital, Source Code Capital, and other existing shareholders. This was the third financing round the company completed within 18 months, following a combined $200 million in C and D round funding announced in September 2021. At the time of the June 2022 round, Hai Robotics had deployed more than 2,000 ACR robots across over 200 projects globally, commanding approximately 90% share in the autonomous case-handling robotics market. The company had established operations in the United States, Europe, Japan, Southeast Asia, Australia, Hong Kong, and Taiwan, serving customers across more than 30 countries and regions. Proceeds from the D-II round were earmarked for research and development upgrades to warehousing logistics robotic systems and global business expansion to address labor shortages and aging population challenges. |
| Sep 2021 | Series D | Capital Today (lead); 5Y Capital; Legend Star; 01VC; HSG; Source Code Capital | $170M | $1.5B | Hai Robotics, founded in 2016, is a Chinese pioneer in autonomous case-handling robot (ACR) systems for warehouse logistics automation. The company develops AI-powered robotics solutions that automate order fulfillment and material handling in warehouses, operating over 500 projects globally with more than 2,000 ACR robots deployed across multiple industries including e-commerce, apparel, retail, manufacturing, pharmaceuticals, and automotive. The company had established international presence with subsidiaries in the United States, Europe, Japan, Southeast Asia, Australia, and multiple Asia-Pacific locations, serving customers in over 30 countries. In September 2021, Hai Robotics closed two consecutive funding rounds—Series C led by 5Y Capital and Series D led by Capital Today—that together raised over US$200 million. The Series C round included participation from Sequoia Capital China, Source Code Capital, VMS, Walden International, and Scheme Capital. The Series D round included existing investors Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star, and 01VC, with an additional unnamed top US dollar fund. This represented the company's third financing round within a 12-month period, demonstrating strong investor confidence. The capital was allocated toward technological upgrades to its robot fleet, expansion of global operations and supply chain networks, research and development of warehouse logistics robotic systems, talent acquisition, and corporate optimization. By this time, Hai Robotics had deployed over 200 projects globally and was differentiated from competitors by its project costs, customization capabilities, and continuous innovation in ACR technology, including developments like double-deep ACR, carton-picking ACR, telescopic lift ACR, and laser SLAM variants. The company held over 400 global patents in robot control and warehouse management. |
| Mar 2021 | Series B | 5Y Capital (lead); Walden International; Source Code Capital | $15M | - | HAI ROBOTICS, a Shenzhen-based pioneer in Autonomous Case-handling Robotic (ACR) systems for warehouse logistics and industrial automation, raised nearly $15 million in a Series B+ round in March 2021 led by 5Y Capital with participation from Source Code Capital and Walden International. The funding supports research and development, operational capabilities, and business expansion. The company had launched innovative products in 2020, including the world’s first double-deep ACR, carton-picking ACR, telescopic Lift ACR, laser SLAM ACR, and HaiPort automatic case-loading port. This B+ round preceded rapid follow-on financings in 2021, including a Series C led by 5Y Capital with Sequoia Capital China, Source Code Capital, VMS, Walden International, and Scheme Capital, and a Series D led by Capital Today with Sequoia Capital China, 5Y Capital, Source Code Capital, Legend Star, and 01VC, totaling over $200 million across C and D rounds. A later D+ round raised over $100 million led by Capital Today with a top US dollar fund and existing investors including 5Y Capital, Source Code Capital, and Sequoia Capital. These funds aimed at technological upgrades, global expansion, supply chain optimization, and addressing labor shortages through advanced robotics. |
Who has invested in HAI ROBOTICS?
7 investors have backed HAI ROBOTICS across its funding rounds, including 5Y Capital, Source Code Capital, HSG, Capital Today, 01VC and Legend Star.
Lead investors include Capital Today and 5Y Capital.
HAI ROBOTICS Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Mar 2021 | ||
| 3 | Participant | Mar 2021 | ||
| 2 | Lead | Sep 2021 | ||
| 2 | Participant | Sep 2021 | ||
| 2 | Participant | Sep 2021 | ||
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Start Free TrialHAI ROBOTICS Competitors
HAI ROBOTICS competitors include listed companies like Arcs Co and Braiin, and private ones like Square Robot, Locus Robotics, Sineva and Vention.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.4B | - | ||
| Private | $150M | - | $1.4B | - | ||
| Publicly listed | $4B | $185M | $1.3B | 0.2x | ||
| Private | - | - | $1.8B | - | ||
| Private | $73M | - | $1.2B | 16.4x | ||
| Publicly listed | $73M | ($15M) | $1.2B | 13.0x |
HAI ROBOTICS Public Comps
HAI ROBOTICS is still privately-owned, but its public comps include Shenzhen Ysstech Info, Zen Technologies, Googol Technology, BigBear.ai, Fractal Analytics, ROKAE Robotics, Allient, Arcs Co, Ennoconn and Harbin Boshi Automation.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $205M | $4M | 7.2x | - | 378.8x | - | |||
| $72M | $27M | 21.0x | 15.5x | 56.2x | 42.4x | |||
| $82M | $14M | 18.9x | 18.9x | 111.1x | 91.4x | |||
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $78M | ($7M) | 20.7x | - | (221.3x) | - | |||
| $554M | $67M | 3.3x | 3.1x | 27.4x | 22.4x | |||
| $4B | $185M | 0.2x | 0.2x | 4.8x | 4.9x | |||
This data is available for Pro users. Sign up to see all HAI ROBOTICS competitors and their valuation data. Start Free Trial | ||||||||
Common questions about HAI ROBOTICS
| When was HAI ROBOTICS founded? | HAI ROBOTICS was founded in 2016. |
| Where is HAI ROBOTICS headquartered? | HAI ROBOTICS is headquartered in Shenzhen, China. |
| Is HAI ROBOTICS publicly listed? | No, HAI ROBOTICS is a private, VC-backed company. |
| What is HAI ROBOTICS's valuation? | HAI ROBOTICS was last valued at $1.5B in its Series D in September 2021. |
| How much funding has HAI ROBOTICS raised? | HAI ROBOTICS has raised $285M across 3 funding rounds. |
| What was HAI ROBOTICS's last funding round? | HAI ROBOTICS's last funding round was a $100M Series D in June 2022, led by Capital Today. |
| Who are HAI ROBOTICS's investors? | HAI ROBOTICS's investors include 5Y Capital, Source Code Capital, Capital Today, 01VC, HSG, Walden International and Legend Star. |
| Which companies are comparable to HAI ROBOTICS? | Companies comparable to HAI ROBOTICS include Square Robot, Locus Robotics, Arcs Co, Sineva, Vention and Braiin. |
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