About Rice Robotics
Rice Robotics is a company based in Hong Kong (China) founded in 2018 by Victor Lee. Rice Robotics has raised $7 million across 1 funding round from investors including Sun Hung Kai & Co, Alibaba Entrepreneurs Fund and Soul Capital. Rice Robotics operates in a competitive market with competitors including RightHand Robotics, Third Wave Automation, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter Hong Kong, China
- Founders Victor Lee
- SectorsTransportation, Automotive & LogisticsTechnology
- Website ricerobotics.com
- Social LinkedIn Facebook Instagram YouTube
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Seed
Jul 2023
- InvestorsSun Hung Kai & Co
& 4 more
Apps and channels of Rice Robotics
its YouTube channel Rice Robotics has 73 subscribers and 7 videos.
Videos from Rice Robotics
The most watched videos on Rice Robotics's YouTube channel, Rice Robotics (73 subscribers). Click a video to play it here.
More on Rice Robotics.
Funding Insights of Rice Robotics
Rice Robotics has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in July 2023. 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 $7M
- Total Rounds 1
- Last Round Seed — $7M
- First Round $7M
(Jul 2023)
- Investors Count 5
All 1 funding rounds of Rice Robotics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $7M | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Rice Robotics
Rice Robotics has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Sun Hung Kai & Co, Alibaba Entrepreneurs Fund and Soul Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital and guidance are provided to startups for growth. | – | ent-fund.org | Hong Kong, China | |
Venture capital firm backed by single family office | – | soulcapital.vc | Kowloon, China | |
- | – | audacyventures.com | - | |
Cyberport is operated as Hong Kong's digital technology flagship and AI accelerator. | – | cyberport.hk | Hong Kong, Hong Kong | |
Investment management firm | 1969 | shkco.com | Hong Kong, China |
Investor details for Rice Robotics
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People of Rice Robotics
1 people are tracked at Rice Robotics (1 in leadership).
| Name | Role | Group |
|---|---|---|
Victor Lee | Founder | Leadership |
Complete people profiles for Rice Robotics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Rice Robotics
2 dated milestones of Rice Robotics across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Rice Robotics is founded.
- Funding First funding round of $7.0M.
Competitors of Rice Robotics
Rice Robotics 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 RightHand Robotics, Third Wave Automation, Kindred, GreyOrange and Agility Robotics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| righthandrobotics.com | 2014 | Cambridge, United States | $125.32M | 57 | AI-enabled robotic grippers for object picking are provided. | |
| thirdwave.ai | 2018 | Union, United States | $82M | – | AI and cloud-driven automation is delivered for warehouse material handling. | |
| kindred.ai | 2014 | San Francisco, United States | $28M | 5 | Provider of a pick and place robot for e-commerce applications | |
| greyorange.com | 2012 | Roswell, United States | $545.23M | – | AI and SaaS-based robots for warehouse automation are provided. | |
| agilityrobotics.com | 2015 | Albany, United States | $178M | 225 | Bipedal robots are developed for locomotion, navigation, and manipulation applications. | |
| geekplus.com | 2015 | Beijing, China | $532.19M | – | Autonomous mobile robots are supplied for warehouse operations. | |
| locusrobotics.com | 2014 | Wilmington, United States | $438.45M | 375 | Automated robotic solutions are provided for warehouse operations. | |
| vecnarobotics.com | 2018 | Cambridge, United States | $193M | 138 | Robotic solutions for workflow automation are developed across industries. | |
| gxo.com | 1995 | Greenwich, United States | – | 22,424 | AI-enabled warehouse automation solutions are provided for material handling. | |
| jdl.com | 2007 | Beijing, China | $2.5B | – | Warehouse automation tools and last-mile transportation solutions are provided. |
Detailed competitors of Rice Robotics
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Web traffic of Rice Robotics
The website of Rice Robotics (ricerobotics.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 46.9% vs previous month
Latest news on Rice Robotics
Complete news archive for Rice Robotics
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- Full article archive
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Similar companies to Rice Robotics
10 companies that operate in the same segment as Rice Robotics (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Rice Robotics
Rice Robotics was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Rice Robotics is headquartered in Hong Kong, China.
Rice Robotics is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on Jul 2023.
Rice Robotics was founded in 2018 in Hong Kong, China, within the robotics sector. Autonomous robots equipped with navigation and obstacle avoidance capabilities are developed for indoor delivery tasks. A management platform is provided for real-time visibility and analytics of deliveries. Operations cover intra-warehouse movements, hospitality room services, and deliveries in high-rise offices or buildings across relevant geographies.
Rice Robotics's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
Rice Robotics has 5 investors. Key investors include Sun Hung Kai & Co, Alibaba Entrepreneurs Fund, Soul Capital, Audacy Ventures, and Cyberport.