Dreame Technology
Dreame Technology, with the full name Dreame Technology Co., Ltd., also known as Dreametech, is a Chinese household appliance manufacturer founded by Yu Hao in 2017. Its main products include cordless vacuums, scrubbers, hair dryers, robotic lawn mowers, and robot vacuum cleaners and mops. The company specializes in the production of vacuum cleaners. In addition, it owns and operates an app called Dreamehome.
Outside of China, Dreame products are available in overseas markets such as Malaysia, Australia, and the US. After its establishment, the company was backed by Xiaomi, Yunfeng Capital, and Shunwei Capital. In October 2021, it raised $563 million in a Series C funding round.
History
The company originated as a campus organization called "Skyworks". In 2017, Dreame was officially formed. In December 2018, the firm launched its first product.In 2020, Dreame developed a 150,000-rpm digital motor. In August, it secured an investment from IDG Capital. In December, its Suzhou smart factory started operations.
In October 2021, Dreame reached a partnership with Borussia Dortmund. The company introduced its first robot vacuum-mop in January 2022. In September 2023, it exhibited at the IFA.