5Y News | Hai Robotics Announces Two Rounds of Funding Exceeding $200 Million, Bringing Logistics Robots to Every Factory and Warehouse
A global leader in carton-based autonomous mobile robot (AMR) systems for warehouse automation.
HAI Robotics, a global leader in Autonomous Case-Handling Robotics (ACR) systems, recently announced the completion of two consecutive funding rounds totaling over $200 million. The proceeds will be used to enhance technical capabilities and product strength, expand global market presence and footprint, optimize supply chain management, and build out organizational infrastructure.
The Series C round was led by 5Y Capital, with participation from HSG, Source Code Capital, VMS Group, Walden International, and Potential Energy Capital. The Series D round was led by Capital Today, with Sequoia Capital, 5Y Capital, Source Code Capital, Legend Star, and 01VC joining, while Potential Energy Capital continued to serve as the company's financial advisor. This marks HAI Robotics' third investment within a single year, following its Series B+ round announced in March. The continued backing reflects market and investor recognition of the company's deep commitment to ACR product and technology development, as well as its service excellence.
Chen Yuqi
Founder & CEO, HAI Robotics
Q1
Where do you want HAI Robotics to be in 3-5 years?
Chen Yuqi: To become the world's number one warehouse robotics company within five years.
Q2
Why did you choose 5Y Capital's investment?
Chen Yuqi: 5Y's thinking about the future and their vision deeply inspired us. They're also a very founder-friendly fund.
Peter
Managing Director, 5Y Capital
Q1
How do you view HAI Robotics' growth trajectory?
Peter: In the Chinese market, HAI Robotics stands out as one of the few robotics startups with exceptional innovative drive and entrepreneurial grit. After years of concept validation, prototype design, engineering iterations, and product commercialization, the company has made remarkable strides over the past year. Its pioneering ACR systems have achieved broad deployment and repeat purchases across multiple industries and with leading customers, while the team has scaled from roughly 100 people to over 1,000 today. 5Y Capital was privileged to lead the company's Series B+ and Series C rounds, witnessing founder Chen Yuqi and the founding team maintain their commitment to excellence, purity, and long-term thinking amid rapid growth — demonstrating extraordinary sense of mission and cohesion. In just over a year, HAI Robotics has evolved from a product- and technology-focused startup into an organized, systematic, strategically-minded industry leader, advancing toward its goal of becoming a global, world-class robotics company.
HAI Robotics' acceleration also reflects a broader trend of innovation speeding up across China's robotics industry. More and more Chinese startups are moving beyond simple imitation and knockoffs, refusing to settle for mediocre and uninspired products, and instead daring to pursue independent innovation and expand industry boundaries. We look forward to HAI Robotics, as an outstanding Chinese robotics enterprise, accelerating its mission to "use robotics technology to drive human social progress."
Founded in 2016, HAI Robotics traces its HAIPICK ACR system development back to 2015 — making it the world's first ACR system to be developed and commercially deployed. The system comprises four core modules: the HAIPICK robot, the HAIQ intelligent management platform, multi-function workstations (such as the HAIPORT automatic loading/unloading machine), and intelligent charging stations. It enables intelligent picking, transport, and sorting of warehouse goods, improving worker efficiency by 3-4x and increasing storage density by 80%-130%. With the HAIPICK system, customers can automate their warehouses within one week, with full system deployment completed in just one month.
Unlike traditional warehouse robots that operate beneath shelves and perform lifting operations, HAI Robotics' ACR robots retrieve and place containers through an upper-level mechanism after reaching designated positions, enabling the upgrade from two-dimensional to three-dimensional warehousing. The HAIQ intelligent management platform, which serves as the "warehouse brain" of the system, manages business data, in-warehouse operations, customized slot management, equipment health monitoring, and intelligent reporting. It also provides unified scheduling of the operating system, intelligently allocating orders and tasks to make picking and transport operations more granular and improve SKU hit rates.
HAIPICK Full-Series Robots
To date, HAI Robotics has deployed 200+ projects globally, with cumulative robot shipments exceeding 2,000 units and ACR market share surpassing 90% — far ahead of competitors. The HAIPICK system has been widely adopted across e-commerce, 3PL, footwear and apparel, 3C electronics, power, pharmaceuticals, and retail supermarket industries, serving numerous domestic and international customers including SF DHL, Best Logistics, State Grid, Philips, Shanghai Pharma, Li & Fung Supply Chain, Kerry EAS, Xinning Logistics, WINIT, and Booktopia.
In footwear and apparel — HAI Robotics' earliest vertical — the company has accumulated far richer project experience than peers, serving leading brands such as Xinhee, JNBY, ANTA Logistics, Eral, Alibaba Xunxi, and Qiaodan Sports, as well as 3PL apparel warehouses including Best Supply Chain and SF DHL. In recent years, HAIPICK applications have expanded into pharmaceuticals, 3C manufacturing, retail, and other scenarios. While consolidating existing strengths, the company will continue deepening its solution capabilities, opening up more target industries, and bringing logistics robots to every factory and warehouse.
Chen Yuqi, Founder & CEO of HAI Robotics, stated: "Since our founding, HAI Robotics has made creating genuine value for customers our ultimate goal." "We adhere to the principle of 'never leaving a project unfinished,' deeply understanding each customer's true needs, providing tailored products and solutions, and continuing to offer hardware maintenance, software operations, and other after-sales services post-acceptance to ensure smooth project operation."
Booktopia Project Site — Australia's Largest Online Book Retailer
"Overseas expansion and localization will be a major direction for HAI Robotics going forward," Chen Yuqi noted. Overseas customers place heavy emphasis on return on investment, product quality, stability, after-sales service, and responsive support. Compared with local warehouse robotics companies abroad, HAI Robotics holds significant advantages in project cost, technology, and customization capabilities — honed through the trials of China's complex operating environment.
In fact, HAI Robotics was positioned as a global company from its inception, committed to serving customers worldwide with robotics technology and systems. In 2019, the HAIPICK robot made its overseas debut to strong interest from international customers and partners. To date, the company has fully deployed projects across various countries and regions, including Australia's largest online book retailer Booktopia, a smart overseas warehouse in Europe built for a domestic e-commerce giant and cross-border e-commerce leader WINIT, and a factory for a leading US automaker. HAI Robotics has also established strategic partnerships with numerous globally recognized logistics and supply chain integrators including LG CNS, MHS, MUJIN, BPS, and Savoye.
WINIT UK Warehouse Project Site
region. In 2021, HAI Robotics accelerated its globalization further. Headquartered in Shenzhen, the company has established five subsidiaries in Hong Kong, Japan, Singapore, the US, and the Netherlands, with offices in Taiwan, South Korea, Australia, and other locations, covering over 30 countries and regions across five continents.
Regarding future plans, Chen Yuqi said: "Technological innovation is our underlying driver, and customer value creation is our core pursuit. For the foreseeable future, our priorities will be scaling replication in similar scenarios, deepening expansion across different industries, and building global delivery capabilities."
5Y Capital (formerly Morningside Venture Capital) currently manages approximately RMB 32 billion in USD and RMB dual-currency funds. 5Y Capital seeks out, supports, and inspires lonely entrepreneurs, providing them with support ranging from spiritual to all operational aspects. We believe that if the "crazy" you in others' eyes begins to be believed in, the world will become a different place.
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