Source Code Capital portfolio company Keenon Robotics announced the completion of a $200 million Series D funding round. Source Code Capital led the company's Series B round.

源码资本·September 15, 2021·1·1

Dedicated to providing intelligent autonomous delivery solutions for enterprises worldwide.

Keenon recently announced the completion of a $200 million Series D funding round, led by SoftBank with participation from CICC Capital and Prosperity7 Ventures (Saudi Aramco's diversified venture capital fund). To date, this marks the largest single commercial financing round in China's commercial service robotics sector. China Renaissance served as the exclusive financial advisor for this transaction. Source Code Capital led the company's Series B round.

Founded in 2010, Keenon is an AI company dedicated to providing intelligent unmanned delivery solutions for enterprises worldwide. The company has already deployed its products and services across commercial scenarios including restaurants, hotels, and healthcare. Drawing on years of accumulated industry expertise, Keenon continuously uncovers deeper customer needs, building competitive moats in core technology, supply chain, and multi-scenario implementation. Committed to delivering efficient, stable, reliable, and practical solutions for its clients, Keenon has established itself as a global leader in the commercial service robotics industry.

Leveraging its innovative R&D capabilities and advanced manufacturing technologies, Keenon has expanded into numerous overseas markets including the United States, Canada, the United Kingdom, France, Italy, Japan, South Korea, and Singapore. The company's global shipment volume has grown steadily, with its market share in global restaurant delivery robots leading across the board. Going forward, Keenon plans to extend its business into more adjacent lifestyle scenarios and offer a richer array of intelligent solutions for vertical applications.

Keenon founder Tong Li stated: "With this funding round, Keenon will expand its R&D and supply chain advantages, enhance overall sales and service capabilities, accelerate multi-scenario deployment, and further drive the large-scale implementation and widespread adoption of commercial service robots globally."