Zero Zero Robotics Raises $25 Million

The Hover Camera folded.

The Hover Camera folded.

SAN FRANCISCO — Zero Zero Robotics, a robotics company pioneering the future of consumer-friendly flying smart robotics, has raised $25 Million in total funding, including a $23 Million Series A round. The funding was participated in by prominent investors including IDG, GSR Ventures, ZhenFund and┬áZUIG, among others.

Zero Zero Robotics also unveiled the company’s first product, Hover Camera – the first truly consumer-friendly autonomous flying camera designed to be safe, portable and let anyone effortlessly capture exciting moments indoors and out, from creative new perspectives. Using Embedded AI to intelligently navigate its environment and the Qualcomm Snapdragon Flight drone platform, Hover Camera captures exciting moments, whether snapping an aerial family vacation photo, capturing the perfect shot from above the rim at a basketball game, or recording your wedding while you walk down the aisle.

Thanks to its innovative protective, and foldable carbon fiber enclosure design, Hover Camera is safe and easy to use out of the box and requires no learning curve. Simply unfold Hover Camera and power it on, let it lift off of your fingers, and capture thrilling video and photos from unique angles as it hovers steadily in place.

“We want to combine radical AI technology and small flying robotics to create products that empower people to enhance their livelihood, and Hover Camera is a very exciting first step towards accomplishing our much larger mission. We’re excited that this round of funding will allow us to introduce the public to Hover Camera, push the boundaries of what’s possible, and reimagine the future of what truly autonomous flying devices can be,” said Meng Qiu Wang, CEO of Zero Zero Robotics.

“There have been a number of flying cameras on the market, but Zero Zero Robotics has for the first time created a product with state-of-the-art technology that we think will power the future of autonomous devices. We’re confident that this team is equipped with the deep engineering experience required to pioneer the future of consumer robotics, and we look forward to seeing how Hover Camera will expand the boundaries of its users’ creativity,” said Richard Lim, Managing Director of GSR.

Hover Camera is manufactured by Foxconn Technology Group.