Guoke, CICC, and Joyoung Bet on Consumer Snow-Blowing Robots; Hanyang Technology's Yarbo Secures Another 100-Million-Yuan Financing | Exclusive Report from Hard Krypton

Author | Huang Nan

Editor | Peng Xiaoqiu

Hard Krypton exclusively learned that the consumer-grade snow-sweeping garden robot company "Yarbo Technology" recently completed a Series B+ financing round of over 100 million yuan. This round of financing was invested by Guoke Investment, CICC Capital, and Joyoung Venture Capital. The shareholder lineup includes institutions with Chinese Academy of Sciences background, leading financial investment institutions, and industrial parties of listed companies. The financing funds will be used for technology R & D investment, accelerating product optimization and iteration, and improving the supply chain and mass production delivery level. Gengxin Capital serves as the long-term exclusive financial advisor.

Among them, as an institution under the China National Academy of Sciences Holdings Co., Ltd., Guoke Investment focuses on fields such as advanced manufacturing, chips, software, and new energy. It has certain industrial synergy with "Yarbo Technology" in the fields of intelligent hardware and robot technology. Based on CICC Capital's resources in capital market operations, it can provide important support for the company's large-scale development.

On the one hand, Joyoung Venture Capital is backed by the well - known small household appliance enterprise Joyoung Co., Ltd. and has rich experience in the R & D, manufacturing, and channel construction of consumer electronics products. On the other hand, through the industrial layout of its overseas brand SharkNinja, it has a rich sales network and brand operation experience in the North American home appliance market. Through the dual industrial synergy between Joyoung and "Yarbo Technology", the two parties may establish cooperation in global market expansion, including channel construction and brand promotion in the core North American market in the future.

After nearly a decade of technological R & D exploration, "Yarbo Technology" has established a differentiated technological barrier in the niche field of snow - sweeping robots. The company has overcome key technological problems such as battery technology in ultra - low temperature environments, navigation algorithms for complex terrains, and mechanical structure design suitable for different snow conditions.

Yarbo S1 (Image source: Yarbo Technology)

"Yarbo Technology" is currently the only consumer - grade snow - sweeping robot company in the world that has achieved large - scale commercial delivery. In contrast, traditional garden equipment giants such as Husqvarna, although they have mature products in the lawn - mowing scenario, their snow - sweeping robot categories are still in the concept or early R & D stage. "Yarbo Technology" has formed a certain time - window advantage in this niche track.

Industry insiders analyze that "Yarbo Technology" chose to enter the market from the high - frequency and essential snow - sweeping scenario, avoiding direct competition in the lawn - mowing robot market where giants already exist, and found a high - value - added blue - ocean track and a technological path to gain an edge.

Yarbo robot product matrix (Image source: the company)

With the completion of this round of financing, it will help "Yarbo Technology" to comprehensively speed up in technology R & D, supply chain optimization, and market expansion.

Currently, the company's global layout is accelerating. "Yarbo Technology" has set up an operation center in New York, USA, which is responsible for sales, services, and local operations in the North American market. In the future, it plans to establish a similar operation system in the main snow - prone markets in Europe.

In terms of channel construction, many global distributors have actively initiated cooperation discussions with "Yarbo Technology", including several distributors of traditional garden equipment. This channel reuse model helps to quickly establish a sales network and reduce market expansion costs.

Daily operation scenarios of Yarbo garden robots (Image source: the company)

Data from Frost & Sullivan shows that the global outdoor power equipment (OPE) market scale exceeds 30 billion US dollars, and snow - sweeping equipment occupies an important share. As environmental protection regulations become stricter and users' acceptance of intelligent products increases, the trend of converting traditional fuel - powered equipment to electric intelligent equipment is irreversible.

In the future, "Yarbo Technology" will continue to build intelligent solutions for all garden scenarios through its unique "1 + N" modular design to meet users' differentiated needs throughout the year.