The verified answer
As of Sep 2026, DEPLOY verifies SwitchBot (Woan Technology): 1 model, 1 deployment across 1 region, $54.7M raised. 2 sources back the record.
CategorySmart home
Appears inHome robots
Overview
SwitchBot (Woan Technology) is a Chinese smart home and embodied AI robotics company founded in 2015 in Shenzhen, known for its retrofit 'finger robot' (SwitchBot Bot), motorized curtains, and the S10 self-refilling floor cleaning robot. The company sells in over 100 countries with Japan as its largest market (57.7% of revenue), and filed for a Hong Kong IPO in June 2025, positioning itself as the world's first publicly listed 'AI embodied robotics stock.'
Verified record
- Verified deployments
- 1 deployment on file
- Active incidents
- None on file
Valuation of record
DEPLOY VERIFIEDPriced roundOther post-money
Key facts
Brand
Focus
Robot
Legal name
Parent company
Product
Market
CEO
Co-founder
IPO filing
Revenue 2024
Founded
Founders
Data & sources
Web sources
2
2 sources backing this record.View all →
Models (1)
View all models →SwitchBot (Woan Technology) on the deployment map
View the global map1 verified deployment across 1 region, newest verified Jun 2024. Explore where SwitchBot (Woan Technology)'s robots are operating, by place and type.
View the full SwitchBot (Woan Technology) deployment record →
Relationships
Current leadership (2)
Founders (2)
Safety record
No incidents on record for SwitchBot (Woan Technology).
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Operator customers (1)
- SwitchBot (Woan Technology)1 deployment
Recent coverage
SwitchBot (Woan Technology) in third-party press
I took a deep dive into the future of robot vacuums — here's what the biggest brands have cooking, from E.T.-style limbs to full humanoid home helpers
Cockroaches will learn to fear my SwitchBot Bot Rechargeable
SwitchBot Eyes Hong Kong IPO After a Decade of Global Growth
Peers
144 peers across 1 segment. Every SwitchBot (Woan Technology) competitor derived from shared form-factor and application-domain edges.
service(144)
113 companies in this segment · competitive (HHI 831.3520919269878) · leader Bond at 1957%
- Amazondirect competitor(inferred)strong
- Anker Innovationsdirect competitor(inferred)strong
- Dreame Technologydirect competitor(inferred)strong
- Ecovacs Roboticsdirect competitor(inferred)strong
- Husqvarnadirect competitor(inferred)strong
- Mammotiondirect competitor(inferred)strong
Financial state
- Total funding
- $54.7M
- Reporting basis
- private_reported
- Lifecycle stage
- growth
- Counterparty risk class
- moderate
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Funding rounds (4)
SwitchBot (Woan Technology)’s 3 disclosed rounds, $55M in total, oldest to newest.
- Other2025-05-01
$10M(reported) · $555M post
Investors: Brizan Ventures (lead)
- Series B+2022-03-01
$28M(reported) · $220M post
Investors: Fortune Capital, SDIC Innovation
- Series A2021-06-01
$18M(reported) · $106M post
Investors: Source Code Capital, Yintai Capital, Hillhouse Capital
- Pre-A2018-01-01
Investors: Li Zexiang (lead), Gao Bingqiang
Timeline
Every recorded move in SwitchBot (Woan Technology)’s history, most recent first: funding rounds, partnerships, acquisitions, supply-chain starts, key hires, and press.
Funding roundOther funding round
2025-05-01Other raising $9600000
Funding roundSeries B+ funding round
2022-03-01Series B+ raising $27500000
Funding roundSeries A funding round
2021-06-01Series A raising $17600000
Funding roundPre-A funding round
2018-01-01Pre-A
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Verified media addedVerifiedJun 11, 2026
SwitchBot S10 Full-Function Demo Live Stream
- Verified media addedVerifiedJun 7, 2026
SwitchBot CES 2025 - Your future home starts with SwitchBot...
- Record createdJun 6, 2026
Added to the verified registry
- Deployment verifiedVerifiedJun 1, 2024
SwitchBot S10 at Global
Sources (2)
Common questions
What is SwitchBot (Woan Technology)?
What does SwitchBot (Woan Technology) make?
Who competes with SwitchBot (Woan Technology)?
Who is the CEO of SwitchBot (Woan Technology)?
Where is SwitchBot (Woan Technology) headquartered?
How much funding has SwitchBot (Woan Technology) raised?
Where does SwitchBot (Woan Technology) operate robots?
How many robots has SwitchBot (Woan Technology) deployed?
Is SwitchBot (Woan Technology) a top robotics company?
Is SwitchBot (Woan Technology) safe?
Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-21
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-21
Sources by quality tier
- 2
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for SwitchBot (Woan Technology).Peer companies
- Amazon25 models
- Roborock20 models
- Ecovacs Robotics19 models
- SharkNinja14 models
- iRobot9 models
- Mammotion7 models
In the press
Recent coverage mentioning SwitchBot (Woan Technology) from third-party publications. Automatically surfaced; not part of the verified registry record.
I took a deep dive into the future of robot vacuums — here's what the biggest brands have cooking, from E.T.-style limbs to full humanoid home helpers
TechRadar interviews executives from Dreame, Roborock, Eufy, iRobot, and SwitchBot about the future of robot vacuums: extendable arms, stair-climbing, roller mops, and a shift…
Cockroaches will learn to fear my SwitchBot Bot Rechargeable
A little robotic switch-flipper has become my sidekick in combating cockroaches. Before I got the SwitchBot Bot Rechargeable, I'd tiptoe through the dark every morning, hoping I…
SwitchBot Eyes Hong Kong IPO After a Decade of Global Growth
TMTPost reports on SwitchBot's HKEX IPO filing, detailing its founding by Harbin Institute of Technology alumni, global expansion, and funding history.
SwitchBot S10 Review: "This Is the Future for Home Robots"
IEEE Spectrum reviewed the SwitchBot S10 hybrid robotic vacuum and mop, announced at CES 2025, calling it the future of home robots.
SwitchBot launches its S10 robot vacuum on Kickstarter
SwitchBot announced the S10, the world's first floor cleaning robot that connects directly to plumbing for self-refilling and self-draining, launching on Kickstarter.
Machine-readable surfaces
- Markdown mirror: /companies/switchbot.md
- RSS feed: /companies/switchbot/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/a1510bd6-cec0-49c6-8f4f-6bddd17a01d7
- Revision history: /companies/switchbot/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Amazon25 models
- Roborock20 models
- Ecovacs Robotics19 models
- SharkNinja14 models
- iRobot9 models
- Mammotion7 models
Video
Switchbot’s Onero H1 is the company’s first humanoid robot. Its main capability at launch is doing laundry. Verge senior smart home reviewer Jennifer Pattison T
🔒 Elevate your door game with the SwitchBot Lock! Here's why it's a MUST-HAVE: 🚀 A quick retrofit to your current lock, making it SMART in seconds. 📲 Contro
to order product: https://amzn.to/3V9XvfJ Install in 30 seconds - Make your curtains smart in seconds without any screws, nuts, or bolts. (To use U rail needs
Stop buying Smart Home curtain rails, Switchbot's latest Curtain 3 can be installed in literally 30 seconds and its motor has a trick up it's sleeve to wake you
SwitchBot Curtain 3 is great for making old curtains smart! 😎 ✅ Just attach & go! ✅ Now twice as strong ✅ Less noise with QuietDrift™ ✅ Multiple control method
Back This Project: https://tinyurl.com/y4hh4slq
Transform your evenings with the SwitchBot Curtain! 🌙 No more manual adjustments: 1️⃣ Quick 30-second installation! 🛠️ 2️⃣ Rail & rod versions available. 🎭
Wake up to a world where everything's ready for you, thanks to the SwitchBot Button Pusher! 🎉 🛌 As you rise... ☕ Your coffee brews itself. 🌡️ Your home adju
Detailed Review and HOW TO INSTALL SwitchBot Smart Remote Control Curtains Electric Motor I LOVE IT! https://amzn.to/3wxyCR4 SwitchBot Curtain Smart Electr
Heat Index
Category contender75/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
SwitchBot (Woan Technology) draws attention at the 46th percentile but verifies reality at the 4th percentile among smart_home robots. Hype Gap +42.6, 3rd widest among smart_home robots.
Analysis
Clean safety record across 1 verified deployment. Funded with institutional backing on record. Deployment footprint remains limited relative to category peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Sep 4, 2026