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Gausium last week announced a strategic investment that brings its cumulative Series D funding to $50 million. The autonomous cleaning system developer said it plans to use the funding to keep up the momentum it has built over the past year of growth.
The Shanghai-based company said it has successfully expanded into international markets. With a strategic focus on Europe, Gausium has delivered more than 1,000 units to key partners in Europe.
Gausium also reported growth in North America and claimed that its growth across multiple sectors underscores its global brand appeal.
In addition, the company has made strategic alliances with industry leaders. For example, a collaboration with SoftBank Robotics involved more than 2,000 units of the Phantas system.
Gausium focuses on commercial cleaning
The commercial cleaning robot market was worth about $4.19 billion in 2022, estimated Grand View Research. The firm said it expects this market to experience a compound annual growth rate (CAGR) of 22.9% from 2023 to 2030.
Founded in 2013, Gausium said it’s dedicated to advancing commercial cleaning with robotics. The autonomous Phantas robot is an all-in-one floor cleaning system that includes vacuuming, sweeping, scrubbing, and dust mopping, according to the company.
Its range of robots also includes the Scrubber 50 and Scrubber 75, the Vacuum 40, and the Sweeper 111.
In addition to its cleaning robots, Gausium offers Delivery X1, an autonomous delivery robot, and accessories for its robots, like charging docks and workstations.
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Phantas success in 2023 leads the way
Since the second quarter of last year, Gausium has reported strong sales of its Phantas robot. The company has sold over 8,000 units within a single year.
By focusing on refining product technology, optimizing operational efficiencies, and bolstering its management infrastructure, Gausium said it has achieved corporate profitability for the first time.
These achievements are in line with its ambitious growth strategy, and Gausium is doubling down its efforts to expand its global footprint and enhance product development in 2024. The company said it is investing in its partners and a diverse array of end-user scenarios in the hopes of building a more robust ecosystem.
These investments also foster collaboration, which Gausium asserted is key to its market progress. The company said that it and its partners are “reshaping the current landscape and propelling the innovative transformation of business models.”