CushyBots, a startup specialising in robotics and associated software services, plans to invest $200,000 to set up its manufacturing base in Cambodia in a venture that will bring children closer to their parents and grandparents.
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CushyBots is a self-funded startup present in the United States and Cambodia that plans to be the Kingdom’s first robotics manufacturer.
The startup will be producing robots that enable parents and grandparents that are away from their children to connect with them via video chats.
But their robots have one more trick up their sleeves. They use motion tracking sensors to imitate the movements of the users, such as picking up objects and moving around the house.
“We decided to build CushyBots because we found a real niche need,” says CEO and co-founder Allen Dodgson Tan.
“There are millions of children living without one of their parents at home,” he said, adding that in its Series A round, the startup aims to raise $3.5 million.
With the company starting to develop its manufacturing base here in October, CushyBots is also seeking to raise funds through crowdfunding platform Kickstarter with a campaign that will launch in August.
The team aims to raise $750,000 through pre-sales, with each CushyBot selling for $2,000. Product shipping will start in Jan 2020.
Mr Tan says their robots have attracted interest not just from the US but also from Europe. The firm was chosen by the US Embassy in Phnom Penh to represent Cambodia at the Global Entrepreneurship Summit in the Netherlands.
“Setting up a manufacturing base here in Cambodia will help create more high-quality engineering and technician jobs,” says Mr Tan, adding that this will help his team tap into the local talent pool as well.
Mr Tan is hopeful that CushyBots’ work may change the manufacturing landscape in the country, helping the Kingdom climb up the supply chain.
“Cambodia has always been known as a place where technology is sold. Now it’s time to prove that the Kingdom is able to produce high-quality technology as well.”