Kokobots Group

General Information
Business:

(Incorporated in the Cayman Islands)

We design, manufacture and sell cleaning robots to government agencies and corporate customers.

Our Mission

To reshape work and lifestyle habits around the world through the power of our intelligent robotics and technological advancements.

Overview

We are an innovative technology company focused on advancing large-scale applications of intelligent robotics, leveraging low-speed Level 4 (“L4”) autonomous driving and robotics technology, integrated with IoT-enabled smart sensing capabilities. We are currently primarily engaged in the research and development (“R&D”), sales and lease of intelligent commercial cleaning robots as well as manufacture and sales of Internet of Things (“IoT”) solution products.

Our intelligent commercial cleaning robots, by leveraging our patented L4 low-speed autonomous driving technology and utilizing sensors, navigation and positioning, algorithms, communication (Wi-Fi, 5G) technologies, can navigate complex environments with minimal human intervention to effectively enhance operational efficiency and safety in indoor and outdoor cleaning settings, such as hotels, hospitals, shopping malls, and underground parking lots, especially in high-traffic areas. Our IoT products are devices integrated with radio frequency identification (RFID) chips that communicate via radio frequencies, which are widely used in intelligent data storage and transmission, identity verification, access control management, and contactless payments. Our IoT products are typically single-use and have a high repurchase rate. These products are mostly used in events and hotels. We are the producers of wristbands for several renowned music festivals, including the Bolton Weekend Music and Arts Festival, the Love Supreme Jazz Festival, the Pitchfork Music Festival, the Austin City Limits Music Festival, and the Soundside Music Festival, among others.

We have developed a versatile L4 low-speed autonomous driving algorithm and the intelligent Nextrobot platform for our commercial cleaning robot operations, designed for both indoor and outdoor applications across commercial cleaning and other low-speed autonomous driving fields. Our commercial cleaning robots, equipped with our autonomous driving technology, have collectively operated for over 1,500 days in more than 50 cities across nine countries and regions worldwide. Our proprietary autonomous driving capabilities encompass drive-by-wire chassis, steer-by-wire control, perception, localization, autonomous navigation, and intelligent cleaning route planning algorithms. Utilizing our self-developed Nextrobot platform, once a robot’s structural design is complete, new models can be designed and deployed with minimal adjustments to function and parameter configurations. We are dedicated to developing our innovative IoT products and robotic cleaning solutions aimed at improving efficiency and convenience in everyday life. We seek to strengthen our market presence both in the PRC and internationally. In the PRC market, our operations span across over 18 provinces and municipal-level cities in China. Internationally, we are actively expanding our presence, and currently selling our products through distributors in twelve countries, including, among others, the United States, Germany, and Poland.

Note: Net income and revenue are for the 12 months that ended Dec. 31, 2024.

(Note: Kokobots Group filed its F-1 to go public on July 11, 2025, and disclosed  the terms: The company is offering 2.5 million shares at a price range of $4.00 to $5.00 to raise $10.5 million, if priced at the $4.50 mid-point of its range.)

 

 

Industry: CLEANING ROBOTS - MISCELLANEOUS INDUSTRIAL EQUIPMENT
Employees: 37
Founded: 2016
Contact Information
Address 16th Floor, Building B, 15 Changyi Road Shanghai, China, 200441
Phone Number 86 21-56461993
Web Address http://www.kokobots.com/
View Prospectus: Kokobots Group
Financial Information
Market Cap $71.64mil
Revenues $4.5 mil (last 12 months)
Net Income $0.64 mil (last 12 months)
IPO Profile
Symbol KOKO
Exchange NASDAQ
Shares (millions): 2.5
Price range $4.00 - $5.00
Est. $ Volume $10.5 mil
Manager / Joint Managers AC Sunshine Securities
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change