Rice Robotics is a four-year-old Hong Kong company that builds autonomous indoor delivery robots and a line of disinfection robots. Its delivery robots carry up to 30 kg, offer internal storage of 39 x 27 x 34 cm, run for 12 hours and can recharge within one hour, navigating with SLAM. The robots have a starting market price of $9,000 and have been deployed since January 2021 delivering 7-Eleven products to SoftBank staff; Japan is now Rice’s biggest source of revenue. Rice counts clients in Japan including SoftBank, Toyota, Japan Post and Mitsui Group. The company moved production to a new 13,000-square-foot plant in Hong Kong, which increased annual production capacity from 500 to 2,000 robots. A portion of its recent funding has been deployed to scale manufacturing in Hong Kong and to push further into the Japanese market.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2023