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Who Owns Roborock?

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Roborock is a Chinese consumer goods company that is known for its robotic sweeping and mopping devices and handheld cordless stick vacuums. Xiaomi played a large role in the company’s founding.

The Beijing Roborock Technology Co. Ltd. was founded in 2014 in Beijing, China, with its launch largely supported by Xiaomi. Xiaomi has since then invested in other home cleaning companies, including Roborock competitor Dreame in 2018.

Newer models in the company’s “S” line of robotic floor cleaning devices utilize an obstacle avoidance technology known as Reactive AI. This technology relies on a dual camera in the front bumper that captures images at 30 fps and uses a Qualcomm AP 8053 processor to discern objects as small as 5 cm wide by 3 cm high.

This system also subdivides objects into five categories of obstacles to avoid and, through an app on the user’s smartphone, communicates a degree of certainty about each. It is capable of avoiding common household obstacles and debris, including footwear, power strips, and pet waste. As Roborock cleaners move about a space, they then create a schematic map, marking known and unknown objects on the floor to avoid on future passes.

Who Owns Roborock?

Roborock is a publicly held company. It currently trades on Beijing’s STAR market.

Roborock raised about $640 million in its February 2020 IPO, and had an annual revenue of approximately CNY 4.5 billion as of August 2021.

Source: Vimbuzz.com

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