Rokid Secures $50M in Funding for its Personal Assistant AI

Rokid Corporation, Ltd., an artificial intelligence (AI) and robotics company, today announced that it has raised in excess of $50 million in Series B funding at a post-funding valuation of $450 million. Rokid is a smart home device featuring advanced AI and deep learning that enriches a consumer's life by delivering information on-demand and performing tasks via voice and visual interactions. Rokid's superior engineering and elegant design makes it an essential family companion. This latest infusion builds upon a successful Series A round raised in 2015, and will be used for product development and to expand its world-class team, with an emphasis on research, hardware/software development, design, and user experience in U.S. and China. This round was led by Advantech and existing investors, IDG Capital Partners and Walden International.