- Companies
- Quicktron Robotics
Quicktron Robotics Valuation, Funding & Investors
Quicktron Robotics is valued at $2.3B as of December 2020.
Last Quicktron Robotics valuation
$2.3B
Series C · Dec 2020
Last Quicktron Robotics funding round
$100M
Series D · Sep 2024
Cumulative funding Quicktron Robotics raised
$229M
across 3 funding rounds
Key investors in Quicktron Robotics
SBCVC
Prosperity7 Ventures
Haitong Capital
Cyber Creation Ventures (CCV)
Broad Vision Funds
BOCOM Intl Hldgs Co
About Quicktron Robotics
Quicktron Robotics is a Shenzhen-based industrial automation specialist and subsidiary of JD.com. The company designs autonomous mobile robots, sort-to-light systems, and AI-driven warehouse solutions for e-commerce fulfillment centers. Quicktron deploys pallet trucks, stackers, and shuttles handling over 1,000 picks per hour in high-density storage. Its products integrate with JD Logistics networks and serve clients in retail, logistics, and manufacturing sectors across Asia. Founded in 2014, Quicktron focuses on scalable robotic fleets with real-time path optimization and 5G connectivity.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Subscription
Valuation
$2.3B (Dec 2020)
Quicktron Robotics Valuation
Quicktron Robotics is currently valued at $2.3B, based on its Series C in December 2020.
The $100M round was led by Prosperity7 Ventures, with participation from BOCOM Intl Hldgs Co, Cyber Creation Ventures (CCV), CCB Principal Asset Management, KION Group and Haitong Capital.
Quicktron Robotics valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2020 | Series C | $2.3B |
Quicktron Robotics Funding History
Quicktron Robotics has raised a total of $229M across 3 funding rounds.
Quicktron Robotics' first fundraising round was a $29M Series B in March 2017. The most recent completed round was a $100M Series D in September 2024.
Quicktron Robotics funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2024 | Series D | Golden Oriole Capital; Farglory Group; Broad Vision Funds; Weifang Yuanfei Industrial Fund | $100M | - | Quicktron Robotics is a Shanghai-based intelligent warehouse robotics company founded in 2014 that specializes in autonomous mobile robots (AMRs) and smart logistics automation systems. The company combines bin robots with transport systems to address inefficiencies in warehouse operations including split picking, SKU returns, and high inbound/outbound flows, serving industries such as e-commerce, manufacturing, retail, and third-party logistics. On September 12, 2024, Quicktron announced completion of its Series D funding round, raising over $100 million led by Golden Oriole Capital, FarGlory Group, the Wuxi Liangxi Technology Innovation Fund, and the Weifang Yuanfei Industrial Fund. The company plans to deploy these funds for global expansion, particularly into key overseas markets, while also optimizing product stability and collecting user feedback to enhance its offerings. Quicktron has ambitious growth targets, having previously stated intentions to expand from 15 countries to over 100 countries and achieve annual revenue of RMB10 billion ($1.5 billion) within five years as of its 2020 Series C+ round. As of September 2025, Quicktron submitted a confidential application for an IPO in Hong Kong, aiming to raise a minimum of $100 million and list as early as 2026. |
| Dec 2020 | Series C | Prosperity7 Ventures (lead); BOCOM Intl Hldgs Co; Cyber Creation Ventures (CCV); CCB Principal Asset Management; KION Group; Haitong Capital | $100M | $2.3B | Quicktron Intelligent Technology Co., Ltd., also known as Quicktron Robotics, is a leading Chinese manufacturer of autonomous mobile robots (AMRs) and an AI research hub specializing in intelligent warehousing systems and logistics robots. Founded in 2014, the company provides AI-driven robots for e-commerce, retail, footwear, manufacturing, and logistics, with customers including Alibaba's Cainiao Network, JD, and Best Logistics. It built China's largest autopilot warehouse in Wuxi for Cainiao and launched products like Quick Pick for manual handling solutions. In December 2020, Quicktron closed a $100 million Series C+ funding round co-led by KION Group and Prosperity7 Ventures, with participation from BOCOM International Holdings, CCB Principal Asset Management, Cyber Creation Ventures (CCV, also referred to as China Creation Ventures), Haitong Capital, and other Chinese institutions. Proceeds were allocated to global market expansion into over 100 countries, technology and product development, workforce growth, production capacity increase, and building a CNY500 million robot manufacturing factory in Shanghai. The company demonstrated strong traction, with operating income increasing nearly tenfold from 2017 to 2019 and 2020 order volume expected to exceed 300% of 2019 levels. CEO Yang Wei projected annual revenue of RMB10 billion ($1.5 billion) within five years. Quicktron planned a sci-tech innovation board listing in 2021 on Shanghai's Star Market, aiming to be the first listed AMR stock, amid booming e-commerce and pandemic-driven demand for automation to reduce manual labor. The AMR sector saw accelerated growth due to COVID-19, positioning Quicktron competitively in intelligent supply chain solutions against global players like KION Group. |
| Mar 2017 | Series B | Cainiao Logistics (lead); SBCVC (lead) | $29M | - | Quicktron Robotics (also known as Quicktron Intelligent Technology), founded in 2014 and based in Shenzhen, China, develops AI-driven autonomous robots for intelligent warehousing systems. Its products support operations in e-commerce and logistics, with customers including Alibaba, JD.com, Best Logistics, Huawei, and Maersk. The company raised nearly $29 million in a Series B round around March 29, 2017, backed by Cainiao Logistics (Alibaba's logistics arm) and SoftBank China Venture Capital (SBCVC), both listed as co-leads. This 2017 round contributed to Quicktron's total funding exceeding $136 million across nine rounds by 2024, with 17 investors including later participants like Prosperity7 Ventures (Saudi Aramco-linked), Kion Group, and others. The funds from earlier rounds supported technology development, product expansion, workforce growth, and production capacity. Post-2017, Quicktron expanded to 15 countries, closed a $100 million Series C+ in 2020 co-led by Kion Group and Prosperity7 Ventures (with Bocom International, Shenwan Hongyuan Group, China Creation Ventures), and pursued a Series D in September 2024. In 2020, CEO Yang Wei projected expansion to over 100 countries and RMB10 billion ($1.5 billion) annual revenue within five years. The company confidentially filed for a Hong Kong IPO in 2025, potentially raising at least $100 million. |
Who has invested in Quicktron Robotics?
12 investors have backed Quicktron Robotics across its funding rounds, including SBCVC, Prosperity7 Ventures, Haitong Capital, Cyber Creation Ventures (CCV), Broad Vision Funds and BOCOM Intl Hldgs Co.
Lead investors include Prosperity7 Ventures, Cainiao Logistics and SBCVC.
Quicktron Robotics Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Sep 2024 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Sep 2024 | ||
| 1 | Lead | Dec 2020 | ||
| 1 | Participant | Sep 2024 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Participant | Dec 2020 | ||
| 1 | Lead | Mar 2017 | ||
| 1 | Lead | Mar 2017 | ||
| 1 | Participant | Dec 2020 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialQuicktron Robotics Competitors
Quicktron Robotics competitors include listed companies like Harbin Boshi Automation, EquipmentShare.com and GuoChuang Software, and private ones like Exotec, Motive and Divergent.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $2B | 20.0x | ||
| Publicly listed | $422M | $106M | $1.7B | 3.5x | ||
| Private | $600M | - | $1.2B | - | ||
| Publicly listed | $4.4B | $704M | $4.6B | 1.8x | ||
| Publicly listed | $220M | ($17M) | $960M | - | ||
| Private | - | - | $2.3B | - |
Quicktron Robotics Public Comps
Quicktron Robotics is still privately-owned, but its public comps include Beijing Geekplus Tech, AEM, Beijing Dahao Technology, Kardex Holding, Glodon Co, Proto Labs, Leadshine, Alarm.com, ATS and Harbin Boshi Automation.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $473M | ($930K) | 4.0x | 3.3x | (2027.2x) | 200.6x | |||
| $313M | $37M | 7.1x | 4.9x | 61.1x | 28.1x | |||
| $448M | $138M | 4.9x | - | 15.8x | - | |||
| $979M | $83M | 2.1x | 1.9x | 24.5x | 16.4x | |||
| $909M | $141M | 1.8x | 1.8x | 11.4x | 9.8x | |||
| $533M | $65M | 3.6x | 3.4x | 29.6x | 21.3x | |||
| $279M | $45M | 8.8x | 6.7x | 55.5x | 40.2x | |||
| $1B | $184M | 2.8x | 2.6x | 15.2x | 12.9x | |||
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Common questions about Quicktron Robotics
| When was Quicktron Robotics founded? | Quicktron Robotics was founded in 2014. |
| Where is Quicktron Robotics headquartered? | Quicktron Robotics is headquartered in Shanghai, China. |
| Is Quicktron Robotics publicly listed? | No, Quicktron Robotics is a private, VC-backed company. |
| What is Quicktron Robotics' valuation? | Quicktron Robotics was last valued at $2.3B in its Series C in December 2020. |
| How much funding has Quicktron Robotics raised? | Quicktron Robotics has raised $229M across 3 funding rounds. |
| What was Quicktron Robotics' last funding round? | Quicktron Robotics' last funding round was a $100M Series D in September 2024. |
| Who are Quicktron Robotics' investors? | Quicktron Robotics' investors include Golden Oriole Capital, BOCOM Intl Hldgs Co, Farglory Group, Prosperity7 Ventures, Broad Vision Funds, Cyber Creation Ventures (CCV), CCB Principal Asset Management, Cainiao Logistics, SBCVC, KION Group and 2 others. |
| Which companies are comparable to Quicktron Robotics? | Companies comparable to Quicktron Robotics include Exotec, Harbin Boshi Automation, Motive, EquipmentShare.com, GuoChuang Software and Divergent. |
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