JAKA Robotics Company Profile: History, Funding, IPO Attempt, Products and Leadership
Updated: Oct 15
JAKA Robotics is a Shanghai maker of collaborative robots that held about 21.9% of China's cobot market by units in 2024. Founded in 2014, it has raised more than USD 220 million from investors including Temasek and SoftBank, but its planned listing in Shanghai stalled in 2025. This profile sets out its history, funding, listing attempt, products and leadership.
JAKA Robotics at a Glance
Fact | Detail |
Company | Shanghai JAKA Robotics Ltd. |
Founded | 2014, in Shanghai |
Research center | Minhang District, Shanghai |
Production base | Changzhou, Jiangsu Province, since 2016 |
Revenue | About RMB 400 million in 2024 |
Net profit | About RMB 6 million in 2024 |
Market position | About 21.9% of China's cobot market by units in 2024 |
Funding | More than USD 220 million |
Stock listing | None; STAR Market application filed in 2023, review halted in 2025 |
Founder and CEO | Li Mingyang |
Company History
Li Mingyang, who had spent more than a decade in industrial automation, including at Tetra Pak, founded JAKA in 2014. The company began commercial deployments in 2015, opened its Changzhou factory in 2016 and in 2017 launched the Zu series, which it described as the first cobot controlled wirelessly from a tablet. From 2018 it opened offices in Japan, Germany, Singapore, Malaysia and the United States, and it was recognized as a national-level specialized Little Giant enterprise in 2021.
Key milestones
2014: Founded in Shanghai.
2016: Changzhou production base opens.
2017: Zu series launched.
2021: Series C; MiniCobo launched.
2022: Series D of USD 150 million; Pro series launched.
2023: STAR Market listing application filed.
2024: K1 humanoid prototype shown.
2025: Listing review meeting cancelled.
Funding and the Listing Attempt
Date | Round | Detail |
January 2021 | Series C, RMB 300 million | Led by CPE Capital and State Development and Investment Corporation |
July 2022 | Series D, USD 150 million | Led by Temasek, TrueLight Capital, SoftBank Vision Fund 2 and Prosperity7 Ventures |
In May 2023 JAKA applied to list on the STAR Market of the Shanghai Stock Exchange, seeking about RMB 750 million, mainly to build capacity for 50,000 robots a year and a research center. Its prospectus implied a valuation of about RMB 3.5 billion. On August 7, 2025, the listing committee cancelled the scheduled review meeting pending further verification, and the company remains unlisted according to the sources used here.
Financial Performance
Year | Revenue |
2022 | RMB 281 million |
2024 | About RMB 400 million, up about 14% |
Net profit in 2024 was about RMB 6 million, a margin of under 2%, which reflects heavy price competition among Chinese cobot makers.
Products
Line | Description |
Zu series | Six-axis cobots with payloads from 3 kg to 30 kg; S variants add force-torque sensors |
Pro series | IP68-rated cobots for harsh environments |
MiniCobo | 1 kg payload desktop cobot |
All-in-One, A, AL and S families | Variants for sectors such as electronics and battery production |
K1 | Humanoid robot, first shown as a prototype in 2024 |
Kargo, Lumi and EVO | Other embodied-intelligence platforms, mostly at research or pilot stage |
Reported customers include Toyota, Schneider Electric, CRRC, Luxshare Precision and SAIC Motor. The company says tens of thousands of its robots work in nearly 100 countries.
JAKA product reviews on All Things Cobots
Leadership
Name | Role |
Li Mingyang | Founder and Chief Executive Officer |
Xu Xiong | Chief Technology Officer |
Can You Invest in JAKA Robotics?
Not on a public market at present. Its listing application has not been approved.
Strengths and Challenges
Strengths
A leading share of the Chinese cobot market.
Well-known international investors.
Customers that include global manufacturers.
Challenges
Very thin profit margins.
A stalled stock market listing.
Humanoid and embodied-intelligence products still at an early stage.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 11 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
JAKA Robotics FAQ
Is JAKA Robotics publicly traded?
No. It applied to list on Shanghai's STAR Market in 2023, but the review was halted in August 2025.
Where is JAKA Robotics based?
In Shanghai, with production in Changzhou.
Who founded JAKA Robotics?
Li Mingyang, in 2014.
Who has invested in JAKA Robotics?
Investors include Temasek, SoftBank Vision Fund 2, Prosperity7 Ventures, TrueLight Capital, CPE Capital and SDIC.
What does JAKA Robotics make?
Collaborative robots, chiefly the Zu series with payloads from 3 kg to 30 kg, and newer humanoid prototypes.
Sources
JAKA: about
AI Wiki: JAKA Robotics
