Dreame Technology (Chinese: 追觅科技; referred to simply as Dreame[3]), with the full name Dreame Technology Co., Ltd., also known as Dreametech,[4] is a Chinese household appliance manufacturer[5] founded by Yu Hao in 2017.[6] Its main products include cordless vacuums,[7] scrubbers, hairdryers, robotic lawn mowers and robot vacuum and mops.[8] The company specializes in the production of vacuums.[9] In addition, it owns and operates an app called Dreamehome.[10]
Outside of China, Dreame products are also available in overseas markets such as Malaysia,[11] Australia,[12] and the US.[13] After its establishment, the company was backed by Xiaomi,[14]Yunfeng Capital,[15] and Shunwei Capital.[16] In October 2021, it raised $563 million in a Series C funding round.[17]
History
The company originated as a campus organization called "Skyworks".[18] In 2017, Dreame was officially formed.[19] In December 2018, the firm launched its first product.[20]
In 2020, Dreame developed a 150,000-rpm digital motor.[21] In August, it secured an investment from IDG Capital.[22] In December, its Suzhou smart factory started operations.[23]
In October 2021, Dreame reached a partnership with Borussia Dortmund.[24] The company introduced its first robot vacuum-mop in January 2022.[25] In September 2023, it exhibited at the IFA.[26]
