{"id":"a1510bd6-cec0-49c6-8f4f-6bddd17a01d7","name":"SwitchBot (Woan Technology)","slug":"switchbot","description":"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](/models/switchbot-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.'","status":"active","founded":2015,"hq":"Shenzhen, China","hqLat":22.5445741,"hqLng":114.0545429,"hqGeocodedAt":"2026-08-05T14:50:12.024Z","hqAddress":null,"hqPrecision":null,"website":"https://us.switch-bot.com/","fundingTotal":"54700000","type":"hardware","roles":["robot_maker","robot_operator"],"reviewStatus":"reviewed","heatIndex":75,"lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.switch-bot.com/","title":"SwitchBot (Woan Technology)","sourceName":"SwitchBot (primary)"},{"url":"https://ifdesign.com/en/brands-creatives/company/woan-technology-shenzhen-co-ltd/156872","title":"Woan Technology (SwitchBot)","sourceName":"iF Design"}],"keyFacts":[{"label":"Brand","value":"Woan Technology trades as SwitchBot"},{"label":"Focus","value":"Started in smart-home retrofit devices"},{"label":"Robot","value":"LiDAR floor-cleaning robots with a multi-function water station"},{"label":"Legal name","value":"Woan Technology (Shenzhen) Co., Ltd."},{"label":"Parent company","value":"OneRobotics (Hong Kong listed)"},{"label":"Product","value":"SwitchBot smart home devices, Onero H1 humanoid robot"},{"label":"Valuation","value":"USD 555 million (May 2025, per TMTPost)"},{"label":"Market","value":"Number 1 smart home brand in Japan, 100+ countries"},{"label":"CEO","value":"Li Zhichen"},{"label":"Co-founder","value":"Pan Yang"},{"label":"IPO filing","value":"Hong Kong Stock Exchange (filed June 2025)"},{"label":"Revenue 2024","value":"~95% from international markets (Japan 57.7%, Europe 21.4%, North America 15.9%)"},{"label":"Founded","value":"2015 (as Woan Technology)"},{"label":"Founders","value":"Li Zhichen and Pan Yang (both Harbin Institute of Technology alumni)"}],"aliases":["SwitchBot","Woan Technology"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-06T01:22:40.108Z","updatedAt":"2026-08-21T22:27:21.806Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/switchbot","url":"https://registry.deploy.report/companies/switchbot","name":"SwitchBot (Woan Technology)","alternateName":["SwitchBot","Woan Technology"],"description":"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](/models/switchbot-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.'","identifier":"a1510bd6-cec0-49c6-8f4f-6bddd17a01d7","foundingDate":"2015","address":"Shenzhen, China","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":2,"primary_source_types":[]}}}