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High Tech Series A Founded 2014

Emotech

Emotech is developing Olly, a voice-controlled social robot with a personality that evolves with time and interactions. It is based on the concepts of AI and is inspired by the human brain, face/voice recognition, machine learning. The robot is claimed to be able to understand human forms of communication, understand context, and knows when to talk what. The bot takes the form of an animated eyeball that is housed…

📍 London, United Kingdom · Consumer Robotics

Funding snapshot

Last roundSeries A
Amount$10M
Date9 August 2016
Total raised$11M
Valuation66,177,482 (Dec 22, 2017)
Team size12

About

Emotech is developing Olly, a voice-controlled social robot with a personality that evolves with time and interactions. It is based on the concepts of AI and is inspired by the human brain, face/voice recognition, machine learning. The robot is claimed to be able to understand human forms of communication, understand context, and knows when to talk what. The bot takes the form of an animated eyeball that is housed in a lamp-shaped cup designed to roll around on your tabletop. Founded in 2014, headquartered in London, United Kingdom. The company has raised $10.7M at the Series A stage backed by investors including Yinghe Capital, Xhitech Investment, Century Sail Investments, Giant Step. Operating in High Tech > Consumer Robotics.

Business model

Consumer Robotics > Personal > Social Robot,

Tech Nation Batches > Upscale > Cohort 3.0

Team background

College Wise > University College London

Institutional investors

Yinghe Capital Xhitech Investment Century Sail Investments Giant Step Ying Xu Longdao Zhang

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