Recently, the courtyard robot company "Yarbo" announced the completion of a new round of financing worth hundreds of millions. This round was led by Yuantai Investment Partners Fund, with well-known industrial investors and financial institutions participating. The company's shareholder lineup includes backgrounds from listed companies, leading corporate venture capital (CVC), state-owned enterprises, and well-known financial investment institutions.
As a pioneer in the category of snow removal robots and multifunctional courtyard robots, "Yarbo" is currently the only company in the world to have commercialized consumer-grade snow removal and multifunctional courtyard robots. In 2024, "Yarbo" launched full pre-sales on its independent platform, achieving over 6,000 user orders despite an average delivery cycle of up to 5 months, with annual sales exceeding 200 million yuan.
To address the challenges of snow clearing and collection in extreme environments, "Yarbo" has undergone multiple product iterations, developing its own hardware modules and software algorithms. The company proposed a 1+N design, which combines a main unit with multiple modules. This design addresses various aspects such as positioning perception, obstacle avoidance on slopes, adaptation to complex terrains, high power, and extended battery life. The integration difficulty of the 1+N modular design is significant, requiring the company to possess strong capabilities in innovative hardware design and supply chain development. Currently, the Yarbo courtyard robot supports snow removal, lawn mowing, leaf blowing, and the Smart Cover module, making it usable year-round for snow removal in winter, lawn mowing in summer, and leaf blowing in autumn.
As the legal advisor for "Yarbo", Llinks provides comprehensive legal services for this round of financing, leveraging its extensive project experience in the investment and financing field. To date, Llinks has accompanied "Yarbo" through multiple rounds of financing, with previous investors including Haochen Capital, Hua Capital, BA Capital, and CSSD Fund.
Llinks Engagement team:
Candice Du, Partner
Gisele Jiang, Associate
Leon Liang, Associate