TianGong Robot Secures Hundreds of Millions in Funding After Setting World Record
Beijing Tianxia Xianzhi Robot Technology Co., Ltd. (TianGong Robot) has completed a funding round of hundreds of millions of yuan, as announced on September 2. The round was led by Chuxin Capital, with participation from Matrix Partners China and Hefei state-owned capital. The company plans to use the proceeds primarily to scale up production of sorting robots, advance development and commercialization of humanoid-based sorting robots, and expand overseas market operations.
Founded in 2022, TianGong Robot recently made headlines by setting a new world record in the 100-meter dash for robots. This achievement underscores the company's technical prowess in motion control and embodied intelligence. The new capital injection is expected to accelerate its transition from record-breaking demonstrations to practical industrial applications, particularly in logistics and warehousing sectors where efficient sorting is crucial.