Intelligent cloud robot developer CloudMinds has closed $30 million seed round of financing from SoftBank Group International, Hon Hai Precision Industry Co Ltd, Walden International and Kaixuan Capital, according to China News Network.
Cloud robots are created with a cloud-enabled intelligence engine and a network of mobile sensors to serve customers need.
“A robot with similar capabilities of a real human requires a computer system that may be one million times bigger in size than that of a human brain, which means the brain of a robot must be on the cloud,” Huang Xiaoqing, former head of China Mobile’s research division and founder of CloudMinds, told the Chinese media organisation.
CloudMinds is targeting to reveal a full-service housekeeping robot in 2025 to service individual families. The robot will be connected and controlled wirelessly through cloud computing, block chain and other innovative technologies.
The company has grew its team from twenty people to 100 people at present. It has offices in Silicon Valley, Tokyo, Beijing and Shenzhen.
According to McKinsey & Company’s prediction, advanced robotic applications in manufacturing, healthcare and services can add $1.7 trillion to $4.5 trillion per year by 2025.