This site uses cookies to ensure the best viewing experience for our readers.
Personal Assistant Robot Developer Temi Raises $21 Million

Personal Assistant Robot Developer Temi Raises $21 Million

Temi backer Ogawa, a Malaysia-based health and wellness retailer, will market and distribute Temi robots

Tofi Stoler  :  2018-12-20T15:43:35..
New York-headquartered robot company Temi Global Ltd., formerly known as Roboteam Home USA Inc., has raised $21 million in a round led by existing investor John Wu, former chief technology officer for Alibaba, the company announced Tuesday.

For daily updates, subscribe to our newsletter by clicking here.

In 2016, Temi was spun off from Robo-Team Ltd., a Gaithersburg, Maryland-based company founded by Israeli entrepreneurs, which develops autonomous robots for military use. Temi develops a voice-activated personal assistant robot on wheels capable of recognizing and following people around the house, making video calls, replying to user questions, playing music, or carrying small objects from room to room.

Yossi Wolf, founder and CEO of Temi, with the company Yossi Wolf, founder and CEO of Temi, with the company's robot. Photo: Danny Isserles Yossi Wolf, founder and CEO of Temi, with the company

Other participants in the round include Shah Alam, Malaysia-based health and wellness retailer Ogawa, incorporated as Healthy World Lifestyle Sdn. Bhd., and existing investor Generali Investments Europe S.p.A., the investment arm of Italian insurance company Assicurazioni Generali S.p.A.

In addition to the investment, Ogawa also partnered with Temi to market and distribute its product at 180,000 points of sale worldwide. In April, Yossi Wolf, founder and CEO of Temi told Calcalist in an interview that the company has signed a three-year distribution deal for 100,000 units with Chinese electronics distributor Shenzhen Aisidi Co. Ltd.

Related stories

The latest round brings Temi’s total funding raised to $82 million. The company intends to use the funding for marketing and sales. The company employs around 120 people according to Pitchbook, and has an R&D center in Tel Aviv.

Temi’s robot is currently sold at 15 locations in the U.S. as well as on the company’s website, and will officially launch in January.
share on facebook share on twitter share on linkedin share on whatsapp share on mail

TAGS