Mifeng Technology Said to Near 10 Billion Yuan Valuation; Company Declines Comment
Unverified market chatter suggests that Mifeng Technology, an embodied AI data company, is nearing a 10 billion yuan valuation. When reporters contacted the company for confirmation, Mifeng declined to comment, according to Securities Times. The report cited market sources but provided no further details about the valuation figure or the basis for the claim. Mifeng Technology operates in the embodied AI data sector, which has drawn increasing investor attention as robotics and AI development accelerates. The company has not publicly disclosed any recent funding round or valuation target. Without official confirmation, the rumor remains unverified. Embodied AI, which combines artificial intelligence with physical robots, has become a hot investment theme in China. Several startups in the field have recently raised large sums. Mifeng Technology's potential valuation, if accurate, would place it among the most highly valued private companies in the sector.