On October 27th, the smart home enterprise ORVIBO has completed 110 million rounds of round-the-clock financing, led by Topband Electronics, Safran Asia Fund (formerly Softbank Safran) and Runhang Capital. Among them, Tuobang Electronics (002139), which is mainly engaged in the electrical appliance intelligent controller and power automation system equipment for the home appliance industry, has abundant resources of home appliance brand partners.
According to Wang Xionghui, founder and CEO of Ou Ruibo, this round of financing was completed around August. Ou Ruibo will conduct a series of strategic cooperation with Topband, including providing one-stop services for intelligent modules, home appliance controller hardware, cloud data and application scenario construction for industry customers.
Ou Ruibo was established in 2009. In 2015, it won the 78 million yuan A round of financing invested by Lenovo Star, Tiger Boy Fund and MediaTek MTK. The previous main products include WiFi audio MS1, smart socket SP and smart remote control RM. In the past two years, the smart home market has gone from a boom to a calm, and after several rounds of reshuffle, coupled with the cold winter, financing is not easy. However, Wang Xionghui believes that the current rise of the industry is the node that can harvest a new round of financing thanks to the maturity and layout of the enterprise.
Ou Ruibo has a team of about 180 people. Wang Xionghui said that the company's overall break-even has been achieved, and about 200 real estate developers have cooperated with it. Healthy financial data is a prerequisite for Oerlikon's capital recognition. In addition, Wang Xionghui emphasized that Ou Ruibo is not only a smart home single product company, but also able to provide traditional equipment manufacturers with an overall intelligent solution from hardware design to cloud services and mobile applications.
Wang Xionghui said that the intelligent community has gradually become the next important trend of smart homes, combining the living conditions of individual families with community activity data to form a complete intelligent life scene. If it is recognized that the user enters the residential parking lot, the home air conditioner and other electrical appliances will be activated, and the camera in the community recognizes that the child goes out and pushes the message to the parent mobile phone.
Conclusion
From June this year, Broadlink (Hangzhou Gubei Electronics) completed 70 million yuan of C round financing, to Ou Ruibo's billion B round of financing. After we see that capital and market are calming down, the smart home market still leaves a good group of companies. From the single product to the market, the subsequent development and continued vitality also depend on the accumulation and expansion of industry users.
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