Mint and Rice Robotics Launch Joint Venture to Expand AI Companion Robot Business with HK$15M in funding

▤ Summary

Mint and Rice Robotics have formed a new joint venture, Rice Robotics AGI Holding Limited, to expand into consumer AI companion robots. Mint’s subsidiary will contribute HK$15 million in funding plus human resources and R&D support, while Rice Robotics will contribute technology, IP, clients, know-how, and sales support. The first consumer-ready robot batch is planned for launch in Asian markets in Q3 2026. The deal extends Mint’s robotics business from enterprise use cases into the consumer market.

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