Yunji Announces Closing of Series C Financing

On January 18th, YUNJI announced that it had completed the C round of financing led by Qiming Venture Capital, followed by CITIC Securities Investment, with the original shareholders Tencent, Boiling Point Capital, Lenovo Ventures, and Lanting Capital continuing to raise money. It is reported that this is YUNJI within 10 months to complete the second capital operation, the cumulative amount of financing amounted to 500 million RMB. The two rounds (including B+ round) of new shareholders are well-known institutions in the industry: Qiming Venture Capital, CITIC Securities Investment, Boiling Point Capital, Lenovo Ventures, Translink Capital.

YUNJI is a well-known Chinese service robot enterprise, recognized by the industry as having advantages in the hotel scene business landing, and its intelligent service robots for hotel customers, in assisting the hotel industry to digitally upgrade its services, and in the face of recurring epidemics to provide peace of mind, safety, and contact-free hotel service needs, has gained wide recognition from Chinese and foreign hotel group customers, with customer coverage of more than 5,000 customers, and a monthly increase of 1,000 or more. At the same time, YUNJI has been widely recognized by Chinese and foreign hotel group customers in terms of providing safe and contactless hotel services in the face of recurring epidemics. At the same time, in the hotel scene, in addition to large-scale rapid landing hardware products robot, but also actively carry out the system and platform construction, to provide customers with robot services as the entrance to the AI application and data service products.

At the same time of in-depth hotel scene services, YUNJI also in the building community services, intelligent retail, public services and other fields to continue to explore the value of robots and intelligent systems for the customer, for the industry to output intelligent upgrading of the solution.

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