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China AI solution provider Evomotion raises $20m

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  • Larissa Ku
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Evomotion, a China-based artificial-intelligence-of-things (AIoT) specialist that supplies software and chips to electronic appliance makers and supermarket retailers, has raised USD 20m in Series B funding.

The investors were not disclosed. The Shenzhen-based company has previously received funding from Northern Light Capital, software company ThunderSoft, and Fortune Venture Capital.

Founded in 2015, Evomotion works with the likes of Midea, Haier, Joyoung and Galanz, as well as retailers such as Yonghui Superstores and RT-Mart. It provides AI solutions that automate processes and improve safety and efficiency.

In the home appliances space, washing machines embedded with Evomotion chips can identify clothes and choose the most appropriate washing mode, stoves can detect smoke levels and automatically adjust power, and ovens can select cooking modes based on food types and monitor progress.

Supermarket use cases are similar to those initiated by unmanned outlets opened by Amazon and Alibaba Group under the Amazon Go and Hema brands, respectively. Evomotion's technology identifies fresh produce picked out by customers and calculates the price.

 

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