About Geek+
Geek+ is a company based in Beijing (China) founded in 2015 by Hongbo Li, Xi Chen, and Liu Kai.. Geek+ has raised $532.19 million across 9 funding rounds from investors including Warburg Pincus, Intel Capital and Qingyue Capital Investment. The company has 994 employees as of December 31, 2024. Geek+ operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Beijing, China
- Employees 994 as on 31 Dec, 2024
- Founders Hongbo Li, Xi Chen, Liu Kai
- Stage Public
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Sectors
Transportation, Automotive & LogisticsIndustrial Goods & Manufacturing Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Beijing Geekplus Technology Co., Ltd. Class H
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Annual Revenue
$336.06 M (USD)10.3as on Dec 31, 2024
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Net Profit
$-116.08 M (USD)27.59as on Dec 31, 2024
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EBITDA
$-8.86 M (USD)85as on Dec 31, 2024
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Total Equity Funding
$532.19 M (USD)
in 9 rounds
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Latest Funding Round
$100 M (USD), Series E
Aug 08, 2022
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Investors
Warburg Pincus
& 8 more
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Employee Count
994
as on Dec 31, 2024
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IPO & Listings of Geek+
Geek+ is a publicly listed company on the HKEX with ticker symbol 2590 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Product Management Team
17 people
Leadership Team
9 people
Sales and Marketing
9 people
System Team
8 people
Software Development Team
5 people
Human Resources and Administration
5 people
Senior Team
4 people
Solution Team
3 people
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Funding Insights of Geek+
Geek+ has successfully raised a total of $532.19M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series E — $100.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Series E - Geek+ | Valuation | Intel Capital | |
| Jun, 2021 | Amount | Series D - Geek+ | Valuation | CPE |
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| Jun, 2020 | Amount | Series C - Geek+ | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Geek+
Geek+ has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, Intel Capital and Qingyue Capital Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Geek+
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Geek
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Geek+ Comparisons
Competitors of Geek+
Geek+ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Geek+
Frequently Asked Questions about Geek+
When was Geek+ founded?
Geek+ was founded in 2015.
Where is Geek+ located?
Geek+ is headquartered in Beijing, China.
Is Geek+ a funded company?
Geek+ is a funded company, having raised a total of $532.19M across 9 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Sep 01, 2015.
How many employees does Geek+ have?
As of Dec 31, 2024, the latest employee count at Geek+ is 994.
What is the annual revenue of Geek+?
Annual revenue of Geek+ is $336.06M as on Dec 31, 2024.
What does Geek+ do?
Geek was founded in 2015 in Beijing, China, within the robotics sector. Autonomous mobile robots are developed for warehouse applications, including forklift models, smart moving units, sorters, goods-to-person pickers, bin-to-person systems, and collaborative pickers. Operations center on automation solutions that support logistics and inventory management across facilities. The company is led by co-founders Hongbo Li, Xi Chen, and Liu Kai.
Who are the top competitors of Geek+?
Geek+'s top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Is Geek+ publicly traded?
Yes, Geek+ is publicly traded on HKEX under the ticker symbol 2590.
Who are Geek+'s investors?
Geek+ has 9 investors. Key investors include Warburg Pincus, Intel Capital, Qingyue Capital Investment, Vertex Ventures, and CPE.
What is Geek+'s ticker symbol?
The ticker symbol of Geek+ is 2590 on HKEX.
What is Geek+'s valuation?
The valuation of Geek+ is $2B as of Aug 2022.
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