Dreame Technology

{{Short description|Chinese appliance manufacturer}}

{{Orphan|date=April 2023}}

{{Infobox company

| name = Dreame Technology Co., Ltd.

| image =

| logo = Dreame Logo - 2023.jpg

| native_name =

| trade_name =

| type = Private

| foundation = 2017

| founder = Yu Hao (CEO){{cite web | author=Konstantina Chelidoni | title=Yu Hao: The Mastermind Behind Dreame | work=Fortune | url=https://www.fortunegreece.com/article/yu-hao-o-ithinon-nous-piso-apo-tin-dreame-pou-kataskevazei-proionta-exipnou-spitiou/ | archive-url=https://archive.today/20250408055826/https://www.fortunegreece.com/article/yu-hao-o-ithinon-nous-piso-apo-tin-dreame-pou-kataskevazei-proionta-exipnou-spitiou/ | url-status=dead | archive-date=2025-04-08 | date=February 27, 2025 }}

| location = Suzhou{{cite web | title=The Chinese titans making a killing everywhere but China | author=Shuli Ren | website=The Sydney Morning Herald | url=https://www.smh.com.au/business/the-economy/the-chinese-titans-making-a-killing-everywhere-but-china-20231129-p5enkx.html | archive-url=https://archive.today/20240330104106/https://www.smh.com.au/business/the-economy/the-chinese-titans-making-a-killing-everywhere-but-china-20231129-p5enkx.html | archive-date=March 30, 2024 | url-status=live | date=December 19, 2023 }}

| former_name =

| area_served = Worldwide

| key_people =

| industry = Home appliances

| products = household cleaning and personal care appliances

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| revenue =

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| website = {{URL|https://www.dreametech.com/}}

}}

Dreame Technology ({{zh|c=追觅科技}}; referred to simply as Dreame{{cite web | title=Shortage of Computer Chips Hits Manufacturers | agency=VOA | website=Voanews.com | date=April 3, 2021 | url=https://learningenglish.voanews.com/a/shortage-of-computer-chips-hits-manufacturers-/5833846.html | archive-url=https://archive.today/20240609125019/https://learningenglish.voanews.com/a/shortage-of-computer-chips-hits-manufacturers-/5833846.html | archive-date=June 9, 2024 | url-status=live | author=Dan Novak }}), with the full name Dreame Technology Co., Ltd., also known as Dreametech,{{cite web | title=The best budget robot vacuums | work=The Verge | date=September 8, 2023 | url=https://www.theverge.com/23846479/best-budget-robot-vacuum-robot-mop | archive-url=https://archive.today/20240610102405/https://www.theverge.com/23846479/best-budget-robot-vacuum-robot-mop | archive-date=June 10, 2024 | url-status=live | author=Jennifer Pattison Tuohy }} is a Chinese household appliance manufacturer{{cite web | author1=Stella Yifan Xie | author2=Joanne Chiu | title=Suez Canal Blockage Pressures Global Container Supply | work=The Wall Street Journal | url=https://www.wsj.com/articles/suez-canal-blockage-pressures-global-container-supply-11617027978 | archive-url=https://archive.today/20240610042210/https://www.wsj.com/articles/suez-canal-blockage-pressures-global-container-supply-11617027978 | url-status=dead | archive-date=2024-06-10 | date=March 29, 2021 }} founded by Yu Hao in 2017. Its main products include cordless vacuums,{{cite web | last=Shushan | first=Yinon Ben | title=Dreame Introduces the Dreame Z30 Cordless Vacuum | website=The Jerusalem Post | date=January 29, 2025 | url=https://www.jpost.com/consumerism/article-838810 | archive-url=https://archive.today/20250408055843/https://www.jpost.com/consumerism/article-838810 | url-status=dead | archive-date=2025-04-08 | access-date= }} scrubbers, hair dryers,TIME Staff. {{cite web | title=Dreame Technology Pocket High-Speed Hair Dryer: the 200 Best Inventions of 2024 | work=TIME | url=https://time.com/7094957/dreame-technology-pocket-high-speed-hair-dryer/ | archive-url=https://archive.today/20250408101238/https://time.com/7094957/dreame-technology-pocket-high-speed-hair-dryer/ | url-status=dead | archive-date=2025-04-08 | date=October 30, 2024 }} robotic lawn mowers, and robot vacuum cleaners and mops.{{cite web | author=Nena Farrell | title=Review: Dreame X30 Ultra Robot Vacuum and Mop | work=Wired | date=April 25, 2024 | url=https://www.wired.com/review/dreame-x30-ultra-robot-vac-mop/ | archive-url=https://web.archive.org/web/20240609063526/https://www.wired.com/review/dreame-x30-ultra-robot-vac-mop/ | archive-date=June 9, 2024 | url-status=live }} The company specializes in the production of vacuum cleaners.{{cite web | last=Venugopal | first=Sahana | title=Dreame Technology ramps up expansion in India | work=The Hindu | date=March 18, 2025 | url=https://www.thehindu.com/sci-tech/technology/gadgets/dreame-h12-core-vacuum-cleaner-review-comfortable-home-helper-with-a-short-battery-life/article69343130.ece | archive-url=https://archive.today/20250408082919/https://www.thehindu.com/sci-tech/technology/gadgets/dreame-h12-core-vacuum-cleaner-review-comfortable-home-helper-with-a-short-battery-life/article69343130.ece | url-status=dead | archive-date=2025-04-08 | access-date= }} In addition, it owns and operates an app called Dreamehome.{{cite web | title=Dreame X30 Ultra Review | work=PCMag | url=https://www.pcmag.com/reviews/dreame-x30-ultra | archive-url=https://web.archive.org/web/20240423233339/https://www.pcmag.com/reviews/dreame-x30-ultra | archive-date=April 23, 2024 | url-status=live | date=March 12, 2024 | author=Andrew Gebhart }}

Outside of China, Dreame products are available in overseas markets such as Malaysia,Lexi Dwyer. {{cite web | title=Dreame vacuum cleaners make local debut | newspaper=New Straits Times | date=November 11, 2021 | url=https://www.nst.com.my/lifestyle/bots/2021/11/744595/tech-dreame-vacuum-cleaners-make-local-debut | archive-url=https://archive.today/20230203150940/https://www.nst.com.my/lifestyle/bots/2021/11/744595/tech-dreame-vacuum-cleaners-make-local-debut | archive-date=February 3, 2023 | url-status=live }} Australia,{{cite web | title=IFA 2023: The best and weirdest gadgets coming to homes soon | work=The Age | date=September 10, 2023 | url=https://www.theage.com.au/technology/the-best-and-weirdest-gadgets-coming-to-homes-soon-20230907-p5e2st.html | archive-url=https://archive.today/20240330110127/https://www.theage.com.au/technology/the-best-and-weirdest-gadgets-coming-to-homes-soon-20230907-p5e2st.html | archive-date=March 30, 2024 | url-status=live | author=Tim Biggs }} and the US.{{cite web | title=Amazon left Roomba with a huge mess to clean up | work=The Verge | date=January 31, 2024 | url=https://www.theverge.com/2024/1/31/24057077/irobot-amazon-deal-collapse-roomba-uncertain-future | archive-url=https://archive.today/20240610102640/https://www.theverge.com/2024/1/31/24057077/irobot-amazon-deal-collapse-roomba-uncertain-future | archive-date=June 10, 2024 | url-status=live | author=Jennifer Pattison Tuohy }} After its establishment, the company was backed by Xiaomi,{{cite web | author=Josh Horwitz | title=Fridges, microwaves fall prey to global chip shortage | website=Reuters | date=March 29, 2021 | url=https://www.reuters.com/article/us-chips-shortage-appliances-idUSKBN2BL0ZY | archive-url=https://archive.today/20230227071243/https://www.reuters.com/article/us-chips-shortage-appliances-idUSKBN2BL0ZY | archive-date=February 27, 2023 | url-status=live }} Yunfeng Capital,{{cite web | author1=Zhai Shaohui | author2=Ding Yi | title=Xiaomi-Backed Cleaning Robot Startup Vacuums Up $563 Million in Latest Funding Round | website=Caixin Global | date=October 22, 2021 | url=https://www.caixinglobal.com/2021-10-22/xiaomi-backed-cleaning-robot-startup-vacuums-up-563-million-in-latest-funding-round-101790407.html | archive-url=https://archive.today/20221227123744/https://www.caixinglobal.com/2021-10-22/xiaomi-backed-cleaning-robot-startup-vacuums-up-563-million-in-latest-funding-round-101790407.html | archive-date=December 27, 2022 | url-status=live }} and Shunwei Capital.{{cite web |author=Lucinda Shen |title=When a venture capital-backed merger goes awry | magazine=Fortune | date=September 4, 2020 | url=https://fortune.com/2020/09/04/when-a-venture-capital-backed-merger-goes-awry/ | archive-url=https://archive.today/20200907000024/https://fortune.com/2020/09/04/when-a-venture-capital-backed-merger-goes-awry/ | archive-date=September 7, 2020 | url-status=live }} In October 2021, it raised $563 million in a Series C funding round.{{cite news | title=Xiaomi-backed Dreame raises $563m in Series C round | work=DealStreetAsia | author=Liya Su | url=https://www.dealstreetasia.com/stories/dreame-funding-266007 | date=October 20, 2021 | archive-url=https://archive.today/20240608142051/https://www.dealstreetasia.com/stories/dreame-funding-266007 | archive-date=June 8, 2024 | url-status=live }}

History

The company originated as a campus organization called "Skyworks".{{cite web | title=Home appliance manufacturer Dreame Technology introduces variety of new products | work=Xinhua News Agency | date=May 6, 2023 | url=http://www.xinhuanet.com/fortune/2023-05/06/c_1212174586.htm | archive-url=https://web.archive.org/web/20240610083626/http://www.xinhuanet.com/fortune/2023-05/06/c_1212174586.htm | archive-date=June 10, 2024 | url-status=live }} In 2017, Dreame was officially formed.{{cite web | title=Chinese home appliance brand Dreame launches the DreameBot X30 Ultra | author=Ryo Morita | work=Yahoo News | url=https://news.yahoo.co.jp/articles/9f9056311393a6f073cc70f4ac618e6b78bc2281 | archive-url=https://archive.today/20240608133551/https://web.archive.org/web/20240403145641/https://news.yahoo.co.jp/articles/9f9056311393a6f073cc70f4ac618e6b78bc2281 | url-status=dead | archive-date=2024-06-08 | date=April 1, 2024 }} In December 2018, the firm launched its first product.{{cite web | title=Dreame Technology's revenue exceeds 4 billion yuan in 2021 | work=Economic Daily | date=July 5, 2022 | url=http://www.ce.cn/xwzx/gnsz/gdxw/202207/05/t20220705_37832519.shtml | archive-url=https://archive.today/20240612073910/http://www.ce.cn/xwzx/gnsz/gdxw/202207/05/t20220705_37832519.shtml | archive-date=June 12, 2024 | url-status=live | author=Zhao Dongshan }}

In 2020, Dreame developed a 150,000-rpm digital motor.{{cite web | title=Fortune releases China's '40 under 40 List of 2021' | magazine=Fortune | date=April 27, 2021 | url=https://www.fortunechina.com/rankings/c/2021-04/27/content_389451.htm | archive-url=https://archive.today/20230226095041/https://www.fortunechina.com/rankings/c/2021-04/27/content_389451.htm | archive-date=February 26, 2023 | url-status=live }} In August, it secured an investment from IDG Capital.{{cite web | last=Liao | first=Rita | title=Xiaomi backs Dyson's Chinese challenger Dreame in $15 million round | work=Yahoo News | url=https://news.yahoo.com/xiaomi-backs-dysons-chinese-challenger-093738068.html | date=September 3, 2020 | archive-url=https://archive.today/20240331113019/https://news.yahoo.com/xiaomi-backs-dysons-chinese-challenger-093738068.html | archive-date=March 31, 2024 | url-status=live }} In December, its Suzhou smart factory started operations.{{cite web | title=Dreame Tech's Suzhou Smart Factory Starts Operations | magazine=Assembly Magazine | issn=2328-1529 | url=https://www.assemblymag.com/articles/96055-dreame-technologys-smart-factory-produces-ultra-high-sped-vacuum-motors | date=December 18, 2020 | archive-url=https://archive.today/20221228071417/https://www.assemblymag.com/articles/96055-dreame-technologys-smart-factory-produces-ultra-high-sped-vacuum-motors | archive-date=December 28, 2022 | url-status=live }}

In October 2021, Dreame reached a partnership with Borussia Dortmund.{{cite web | title=Dreame Technology Partners With Borussia Dortmund | work=Forbes | date=October 28, 2021 | url=https://www.forbeschina.com/entrepreneur/58050 | archive-url=https://archive.today/20240608144718/https://www.forbeschina.com/entrepreneur/58050 | archive-date=June 8, 2024 | url-status=live | author=Forbes China }} The company introduced its first robot vacuum-mop in January 2022.{{cite web | last=Mortram | first=Katie | title=Here are our favorite robot vacuums at CES 2022 | website=Tom's Guide | access-date=January 5, 2022 | url=https://www.tomsguide.com/news/here-are-our-favorite-robot-vacuums-at-ces-2022 }} In September 2023, it exhibited at the IFA.{{cite web | author=Jennifer Pattison Tuohy | title=New robot vacuums announced at IFA 2023 | work=The Verge | date=September 1, 2023 | url=https://www.theverge.com/2023/9/1/23854843/robot-vacuum-ecovacs-dreametech-innovation-ifa-2023 | archive-url=https://archive.today/20240610102636/https://www.theverge.com/2023/9/1/23854843/robot-vacuum-ecovacs-dreametech-innovation-ifa-2023 | archive-date=June 10, 2024 | url-status=live }}

References