Smart Home Market Investigation Series Special Topic ⑥: Introduction to ORVIBO

As a well-known brand in the industry, ORVIBO ranks among the leaders in overall strength and attracts considerable attention from entrepreneurs. In today's instalment of our Smart Home Market Survey series, we offer a brief introduction to ORVIBO.

Brand Overview

Official figures show that Shenzhen ORVIBO Technology Co., Ltd. was founded in 2011. It now has a network of 1,600 dealers and nearly 700 stores in China, and has served more than 2.5 million households.

ORVIBO's defining characteristic is its seamless fusion of technology and aesthetics; its product designs are consistently praised by users and the industry alike. Anyone who cares about how a product looks should take note.

In real-estate partnerships, ORVIBO has become a strategic procurement supplier to leading developers including Midea Real Estate, CIFI Group, Shimao Group and Fantasia, forming a new-retail and service network that covers provinces, cities and districts across China as well as selected overseas markets.

ORVIBO has now entered the IPO tutoring stage. In fact, it has attracted capital investment and attention for many consecutive years. In 2014, the ORVIBO team closed an angel round in RMB from SoftBank SAIF; in 2015 it raised 78 million yuan in Series A+ from Legend Star, MediaTek (MTK) and Huton Fund; in 2016 it raised 110 million yuan in Series B from Topband Electronics and SAIF Partners Asia; and in May 2019 it secured 130 million yuan in Series C funding jointly invested by Midea Real Estate and Red Star Macalline. In early 2022, it completed another round with participation from Tencent, China Renaissance New Economy Fund, Suofeiya, Fusenmei and Pingxiang state capital, totalling 1 billion yuan.

Product Highlights

Beyond design aesthetics, ORVIBO's proposition is that "one super panel is whole-home intelligence". The MixPad super smart switch integrates communication protocols including Zigbee 3.0, WiFi and Bluetooth 5.0, and can be extended with wired connections such as RS485 and KNX. ORVIBO has also established compatibility with well-known home-appliance brands at home and abroad — Haier, Midea, Daikin, Liangba, Philips, Panasonic, LG and Sony among them — so a single panel can control whole-home smart devices.

MixPad is not only powerful in hardware but also excellent in software experience. Its HOME AI operating system brings together near-field wake-up, One Step wake-word-free direct voice control, the Xiao Ou voice assistant, the AIScene super scenario engine, Xiao Ou Quick Connect and Appliance Butler — all of which take the onboarding and control experience for whole-home devices a step further.

In recent years, as smart lighting has gained popularity, ORVIBO has also launched its S-series super smart lighting system.

Beyond hardware, ORVIBO has also launched ZhiJiaYi, an interactive, immersive smart-home design tool that lets dealers quickly get up to speed with the entire workflow of smart-home solution design, delivery and operations management.