About Narwal
Narwal is a company based in Dongguan (China) founded in 2016.. Narwal has raised $115.62 million across 7 funding rounds from investors including Tencent, Toutiao and ByteDance. Narwal operates in a competitive market with competitors including iRobot, Dreame, Guangdong Joy Intelligent Technology, Vactidy and Veniibot, among others.
- Headquarter Dongguan, China
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Sectors
TechnologyRetail Consumer
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$115.62 M (USD)
in 7 rounds
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Latest Funding Round
$100 M (USD), Series E
Apr 02, 2025
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Investors
Tencent
& 13 more
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Employee Count
Employee Count
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Funding Insights of Narwal
Narwal has successfully raised a total of $115.62M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in April 2025. 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 7
- Last Round Series E — $100.0M
- First Round First Round
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2025 | Amount | Series E - Narwal | Valuation |
investors |
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| Dec, 2024 | Amount | Series D - Narwal | Valuation |
investors |
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| Jun, 2020 | Amount | Series C - Narwal | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Narwal
Narwal has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tencent, Toutiao and ByteDance. 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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Investments are directed toward early-stage consumer-tech startups.
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Founded Year | Domain | Location | |
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Tech-driven startups are invested in by Source Code Capital.
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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 Narwal
| 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 - Narwal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Narwal Comparisons
Competitors of Narwal
Narwal 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 iRobot, Dreame, Guangdong Joy Intelligent Technology, Vactidy and Veniibot, 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 |
Domestic cleaning robots are provided by iRobot.
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| domain | founded_year | HQ Location |
Cleaning robots for homes are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Various home cleaning robots are manufactured by the company.
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| domain | founded_year | HQ Location |
An online platform specializing in a wide range of surface cleaning appliances.
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| domain | founded_year | HQ Location |
Delivers domestic robots for sweeping, mopping, and washing tasks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Narwal
Frequently Asked Questions about Narwal
When was Narwal founded?
Narwal was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Narwal located?
Narwal is headquartered in Dongguan, China. It is registered at Dongguan, Guangdong, China.
Is Narwal a funded company?
Narwal is a funded company, having raised a total of $115.62M across 7 funding rounds to date.
What does Narwal do?
Narwal was founded in 2016 in Dongguan, China, focusing on the consumer robotics sector. Cleaning robots are developed and distributed through online channels. Innovative algorithms for mopping and scanning are integrated into the devices. Replaceable modules for sweeping and mopping functions are provided to adapt to user needs. App-based control is enabled, along with remote location tracking for the robots.
Who are the top competitors of Narwal?
Narwal's top competitors include iRobot, Dreame and Guangdong Joy Intelligent Technology.
Who are Narwal's investors?
Narwal has 14 investors. Key investors include Tencent, Toutiao, ByteDance, Futu Securities, and Beijing Robot Industry Fund.
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