Posted on

Alibaba fund, Gobi, Earth VC back AI-powered all-electric and self-driving robot Clearbot

Clearbot provides an AI-powered all-electric and self-driving robot

Clearbot provides an AI-powered all-electric and self-driving robot

Clearbot, a Hong Kong-based robot-as-a-service company focusing on the marine sector, has closed an undisclosed seed funding round with Alibaba Hong Kong Entrepreneurs Fund and Gobi Ventures.

Earth Venture Capital, Asia Sustainability Angels, and CarbonX Capital also co-invested.

The startup will use the funds for product development and R&D to improve operational efficiency in different environmental conditions and expand further into Southeast Asia.

Also Read: ‘Climate tech: SEA needs more time to improve startup quality, attract capital’, says Earth VC’s Tien Nguyen

Clearbot will also invest in research to turn data into insights for clients in compliance with ESG standards, allowing them to optimise their business practices for sustainable development in the marine sector.

Established in 2020, Clearbot provides an AI-powered all-electric and self-driving robot which automates pollution recovery, surveillance and rescue, and goods delivery in urban waterways intelligently and without manpower.

The data obtained from Clearbot will help companies and governments identify potential areas of improvement within their operations and help them develop a deeper understanding of their current performance to make informed decisions on how to improve their business in the future.

Combining autonomous navigation with data analytics and on-demand solutions, the startup has developed the first autonomous electric vessel capable of operating autonomously across multiple waterways at unprecedented speed and efficiency.

The startup’s latest Clearbot Neo model, created with Razer Inc., is available in Hong Kong and India, with more than ten bots already operating in these regions.

Also Read: There’s a mismatch of investment and entrepreneur focus in SEA’s climate tech: Steve Melhuish

“Civilisation thrives aside the water flows, which are our resourceful rivers and oceans. But we are destroying and polluting them with millions of tons of plastics and garbage every year. As 95 per cent of plastic in our ocean is transported by ten major rivers, eight of which are in Asia. The war against climate change cannot miss the operations towards ocean technology,” Linh Nguyen, General Partner of Earth Venture Capital,” said Linh Nguyen, General Partner of Earth Venture Capital.

“As the founders are both Gen Z, Clearbot is truly created by and for the next generation, who will be at the frontier in our battle against climate change,” Nguyen added.

Fundraising or preparing your startup for fundraising? Build your investor network, search from 400+ SEA investors on e27, and get connected or get insights regarding fundraising. Try e27 Pro for free today.

The post Alibaba fund, Gobi, Earth VC back AI-powered all-electric and self-driving robot Clearbot appeared first on e27.