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Fighting Robot Developer GJS Raises RMB 100 Mln Series B

36Kr.com, 9/20/18

Shenzhen-based fighting robot developer Gongjiangshe Technology recently announced completion of RMB 100 mln in Series B funding led by Guangkong Zhongying Capital with participation by Whales Capital Holdings and prior-round investor Shanghai-based Volcanics Venture.

Gongjiangshe currently focuses on three main business areas, including product research and development, competition event organizing, and IP operations.

In terms of product development, Zhao Junjian, founder of Gongjiangshe, said that between the end of this year and mid-2019, the company plans to release two new zoomorphic robot products, which will offer a new user experience based on new control methods including remote control, gesture recognition, and brain wave detection.

In terms of competitive events, Gongjiangshe said that it will hire a team to manage professional club operations and organize local combat robot clubs in different regions. The company hopes to follow a professional sports league model and form a league system with a recognized brand.

In terms of IP operations, the company intends to develop IP derivative products including short stories, comics, and animation content.

Editor's Note: For more information on this topic, please see Tencent Invests RMB 8-digits in Fighting Robot Developer GJS, MD 11/6/17 issue.

Keywords: VC hardware funding Series B robot Volcanics Venture Whales Capital Guangkong Zhongying Zhao Junjian Gongjiangshe IP development and derivatives

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