Hangzhou startup launches three AI maternal and infant hardware products, has raised over 200 million yuan, and plans to sprint towards a Hong Kong stock IPO

Zhidongzi Author | Jiang Yu Editor | Xinyuan Zhidongzhi reported on October 20 that today, AI maternal and infant technology company Buddy Buzzy released three AI smart hardware: Qiuzhi 3 AI safety seat, Ori Ring smart ring and FreeAir AI hands-free breast pump. The three products are respectively aimed at children's travel, women's health and breastfeeding scenarios. Among them, the Qiuzhi 3 AI safety seat is equipped with a large AI model dedicated to children, supports natural language dialogue, voice reproduction, and can automatically adjust ventilation and heating according to environmental changes; the Ori Ring smart ring is designed for women's menstrual cycle, pregnancy preparation and maternal and child health monitoring, and supports pregnancy file management; the FreeAir AI hands-free breast pump redesigns the breast pumping structure and adds App intelligent control, so that mothers do not need to hold the device all the time. The three new products launched this time are also the latest moves by Two Rabbits to expand their intelligent maternal and infant product line. The Two Rabbits brand has a history of about 7 years. It initially focused on child safety seats as its core business, and has since gradually expanded to categories such as waist stools and growth chairs. Its founder Wang Yong has about 7 years of experience in the Internet product industry and has started his business in the field of child safety seats since 2015. Currently, Two Rabbits is headquartered in Hangzhou, and its product R&D team is mainly located in Shenzhen. About 50% of the team members are engaged in engineering technology and product R&D related work. This time, Two Rabbits also disclosed the company's latest operating conditions: as of the first half of 2026, its GMV has increased by 200% year-on-year, and there are more than 1,800 stores nationwide. In terms of financing, Two Rabbits recently completed the B+ round of financing, with a cumulative financing of more than 200 million yuan, and the current business scale is about 300 million yuan. It plans to launch Series C financing at the end of this year, with a business scale target of about 500 million yuan in 2027, and plans to sprint for the Hong Kong Stock Exchange IPO in 2028. In terms of production and manufacturing, the total investment of Two Rabbits' super smart factory project in Fuyang, Hangzhou is about 200 million yuan, with a target annual production capacity of 500,000 units. The factory has completed construction and plans to start the production line in November this year