Geekplus
| Geek+ | |
Native name | 北京极智嘉科技股份有限公司 |
| Type | Public |
| SEHK: 2590 | |
| Industry | Robotics, warehouse automation |
| Founded | February 2015 |
| Founder | Zheng Yong |
| Headquarters | Xiong'an New Area, Hebei, China |
| Key people | Zheng Yong (chairman and CEO) |
Geekplus, branded as Geek+, is a Chinese robotics company that develops autonomous mobile robots for warehouses.[1][2]
History
[edit]Zheng Yong founded Geekplus in Beijing in February 2015. Before that, he had worked in supply-chain and manufacturing roles at ABB and Saint-Gobain.[1]
Geekplus initially developed mobile robots that carried storage racks or goods to warehouse workers. By 2018, it had delivered more than 5,000 robots for around 100 warehouse projects in China and abroad.[3]
In 2020, Geekplus partnered with warehouse systems integrator Conveyco to distribute its technology in North America.[2]
The company raised more than US$400 million between 2018 and 2022. A US$200 million Series C round was completed in 2020.[4] In 2022, another US$100 million round valued Geekplus at about US$2 billion.[5]
Geekplus listed on the Hong Kong Stock Exchange in July 2025 after raising about HK$2.7 billion in its initial public offering.[6]
In February 2026, Geekplus established its headquarters in Xiong'an New Area, Hebei.[7]
Products and technology
[edit]Geekplus makes mobile robots that move goods through warehouses. In fulfilment centres, the robots can carry storage racks or containers to picking stations.[1][4]
This is a form of goods-to-person fulfilment. Geekplus has shelf-to-person and tote-to-person systems, while other products are used for pallet handling. It also makes systems for sorting and moving materials within warehouses.[8]
Operations and market position
[edit]Geekplus has supplied systems to companies including Walmart, Nike, Dell and Decathlon.[2]
China Insights Consultancy estimated Geekplus's warehouse-fulfilment AMR revenue at about RMB2.2 billion in 2024, equal to 9.0% of the global market. It ranked Geekplus first in the segment for the sixth year in a row.[9]
See also
[edit]References
[edit]- 1 2 3 Quin, Tracy (3 October 2019). "Robotics start-up Geek+ is leading China's push into smart logistics to support e-commerce, manufacturing". South China Morning Post. Retrieved 20 September 2026.
- 1 2 3 Liao, Rita (20 May 2020). "China's Geek+ brings warehouse robots to US via Conveyco partnership". TechCrunch. Retrieved 20 September 2026.
- ↑ Lunden, Ingrid (22 November 2018). "China's Geek+ raises $150M to build robots for warehouses and logistics". TechCrunch. Retrieved 20 September 2026.
- 1 2 Liao, Rita (17 June 2020). "Geek+, the Amazon Kiva of China, lands $200 million Series C". TechCrunch. Retrieved 20 September 2026.
- ↑ Heater, Brian (8 August 2022). "Geek+ raises another $100M for its warehouse robots". TechCrunch. Retrieved 20 September 2026.
- ↑ "CX Briefing: Industrial-Robot Maker Debuts in Hot Hong Kong Market". Caixin Global. 10 July 2025. Retrieved 20 September 2026.
- ↑ ""AI+机器人"领军企业极智嘉总部正式落户雄安新区" [AI and robotics company Geekplus formally establishes headquarters in Xiong'an New Area]. China Xiong'an (in Chinese). 4 February 2026. Retrieved 20 September 2026.
- ↑ "Global Offering" (PDF). Hong Kong Stock Exchange. 30 June 2025. Retrieved 20 September 2026.
- ↑ Geekplus (PDF) (Report). Deutsche Bank. 7 August 2025. Retrieved 20 September 2026.
