Clearbot secures SEED funding led by Alibaba Hong Kong Entrepreneurs Fund to disrupt the marine services industry
Summary
HONG KONG, Sept. 8, 2022 /PRNewswire/ -- , one of the leading ocean mobility startups, today announced it has closed on a seed funding round led by the Alibaba Hong Kong Entrepreneurs Fund (AEF), which is managed by Gobi Partners GBA, with participation from .Clearbot is putting sustainability at the forefront of marine services by designing and developing AI-powered, all-electric and self-driving Clearbot robot boats. In addition, Clearbot is expanding its presence with seven robots deployed across locations such as Hong Kong, India, and Panama.This round of funding will be used to invest in product development and R&D to improve operational efficiency in different environmental conditions. To scale, Clearbot continues to develop effective and simple solutions across geographical boundaries and changing weather conditions - whether that is extreme heat or unusually busy ports. Clearbot will also invest in research to turn data into insights for clients in compliance with ESG standards as a result becoming a one-stop solution that help clients better understand and optimize their business practices for sustainable development in the marine sector.Cindy Chow, Executive Director of Alibaba Hong Kong Entrepreneurs Fund, said: "We have witnessed the growth of Clearbots team from university as a winner of the JUMPSTARTER IdeaPOP! Backed by AEFs support through JUMPSTARTER and HKAI Lab, weve got Clearbot off the ground since 2020 and joined a thriving network of business leaders, investor, and potential partners.