High-end pool robot brand Xingmai Innovation completed a financing of 1 billion yuan and officially entered the lawn mowing track | Exclusive report from Hardcore Krypton

Author | Huang Nan

Editor | Yuan Silai

Yingke exclusively learned that the high - end pool robot brand "Xingmai Innovation" recently completed a new round of financing worth 1 billion yuan. This round was exclusively led by Meituan Longzhu, and old shareholders Hillhouse Capital, Shunwei Capital, Cathay Capital, Source Code Capital, Anker Innovations, Lisi Capital, and Yunmu Fund further increased their investments. Yunmu Capital served as the long - term exclusive financial advisor.

The financing funds will be mainly invested in technology R & D and product iteration, accelerating the expansion of global sales channels and brand influence, continuously attracting top global talents, and exploring the strategic layout of new application scenarios.

"Xingmai Innovation" is an enterprise that Yingke has been following for a long time. It was established in July 2022. Through self - developed core technologies such as high - speed brushless water pumps, AUV spatial motion control, and sonar laser SLAM spatial mapping and navigation algorithms, it focuses on providing intelligent, reliable, and practical pool robot products for global users, improving the efficiency and experience of daily cleaning and maintenance.

The founder and CEO, Wang Shengle, once worked in a leading domestic consumer robot enterprise. He deeply led the R & D and implementation of core products such as floor - sweeping robots and window - cleaning robots from scratch, with more than 10 years of technology R & D experience and keen product insight.

Beatbot AquaSense 2 Ultra (Image source/Enterprise)

In the overseas courtyard economy, swimming pools have gradually transcended their traditional leisure and entertainment attributes and evolved into the core component of the courtyard ecosystem. It is not only a carrier for social gatherings and parent - child interactions but also a key visual and functional focus in in - depth landscape design integration.

According to reports from Statista and others, the current total number of swimming pools globally is close to 30 million, with an annual increase of 500,000 to 700,000 and a growth rate of about 5% - 10%. Among them, the proportion of swimming pools in North America alone reaches more than 30%. Against the background of the continuous growth of the pool inventory, pool cleaning has become a high - frequency and essential scenario.

In the past, traditional pool cleaning methods generally had pain points such as low efficiency, high cost, and poor experience. Users had to rely on high - intensity manual labor or semi - automatic equipment with limited functions. These methods were not only cumbersome to operate, had low cleaning coverage but also had high maintenance costs.

In contrast, pool robots, with their intelligent and automated advantages, have become essential tools for overseas users to shift from "passive maintenance" to "active intelligent maintenance", and their market penetration rate is growing rapidly at an average annual rate of 25%.

However, for a long time, due to the high concentration of industry brands, the market has been dominated by a few international manufacturers. These enterprises have limited innovation investment, resulting in similar product functions and slow progress in intelligence, making it difficult to meet users' increasing demand for efficient cleaning experiences. The gap between this market vacancy and users' needs has brought key opportunities for new enterprises with technological breakthrough capabilities and user insights.

Beatbot's overseas exhibition booth (Image source/Enterprise)

As the first domestic brand to achieve an average customer price of over $2,000 in the pool robot field, "Xingmai Innovation" has always focused on the high - end user market, promoting technology R & D and product iteration around four core directions: intelligence, motion ability, cleaning ability, and user experience.

Two products, AquaSense Pro and AquaSense, launched by the company in 2024, achieved sales of hundreds of millions of yuan within half a year. In the first year of commercialization, it captured 85% of the online high - end market (products priced at $1,400 and above).

In January this year, "Xingmai Innovation" launched the world's first AI - driven five - in - one pool cleaning robot, AquaSense 2 Ultra. Through the collaborative innovation of the hardware architecture and software system, it has achieved an all - link intelligent iterative upgrade from perception, decision - making to execution.

Beatbot AquaSense 2 Ultra is cleaning the pool surface (Image source/Enterprise)

In terms of hardware architecture, AquaSense 2 Ultra is equipped with a total of 27 groups of high - precision sensors, including AI cameras, infrared sensors, ultrasonic sensors, water depth and water temperature sensors, and has all - around environmental perception capabilities. Its self - developed high - power - density brushless motor and buoyancy control system can effectively improve the robot's motion performance. It can not only climb the pool wall stably and clean the waterline accurately but also return to the dock autonomously and park on the water surface, coping with various complex pool structures and materials.

At the software and algorithm level, AquaSense 2 Ultra relies on a quad - core processor and a self - developed AI vision fusion mapping system to achieve map construction and intelligent path planning.

Most traditional cleaning equipment relies on random collisions or simple path planning, making it difficult to effectively cover the corners, steps, slopes, and irregularly shaped areas of the pool, resulting in the accumulation of dirt and a significant reduction in cleaning effects. The multi - sensor fusion SLAM system of AquaSense 2 Ultra can construct a high - precision pool map in real - time, identify obstacles and pollutants in the pool in real - time, and dynamically optimize the cleaning route. Combined with the AI path planning algorithm, its side - brush design and precise motion control enable the robot to run close to the pool wall and corners, ensuring full - coverage cleaning.

The operation interface of Beatbot AquaSense 2 Ultra is simple (Image source/Enterprise)

In addition to product functions, "Xingmai Innovation" has also optimized and upgraded the product structure based on user experience feedback. In response to the problem raised by many users that the robot is heavy and difficult to carry, especially difficult to lift after climbing the pool wall, the team optimized the lifting experience through buoyancy control and lightweight structure design and added user - friendly functions such as one - key recall and water surface parking, greatly improving the convenience of operation.

In addition, through the product APP page, users can view the cleaning progress in real - time, achieving transparent and visual cleaning management.

Wang Shengle, the founder and CEO of "Xingmai Innovation", told Yingke, "In the hardware track, the products that an enterprise can launch at this stage fundamentally depend on its in - depth understanding of user needs and the boundary of its own technological capabilities. Therefore, we always regard user insight as the core of product innovation and continuously accumulate our understanding of the pool cleaning scenario. This is a positive cycle where cognition and ability drive product development."

He emphasized that Xingmai's innovation strategy has always revolved around "discovering major needs in the industry that have not been fully addressed but actually affect the user experience." "We don't have to follow existing manufacturers into low - level homogeneous competition. Instead, making differentiated innovations based on users' real pain points is the development path chosen by Xingmai, which also allows us to establish real product discourse power in the high - end market."

Based on this concept, beyond the pool scenario, "Xingmai Innovation" is expanding its business boundaries to the lawn mowing robot track. Yingke learned that the company has started to form a professional lawn mowing robot business team, aiming to extend its technological advantages accumulated in the fields of intelligent movement, environmental perception, and robot algorithms to the intelligent management scenario of courtyard lawns. Currently, the R & D work of Xingmai Innovation's first lawn mowing robot is in progress.