UBTech and Muxi's Embodied AI Chip Venture Xixuan Chuangzhi Raises 500M RMB at 4B Valuation

Xixuan Chuangzhi, the embodied AI edge chip company jointly established by UBTech and Muxi, has announced the completion of a 500 million RMB angel funding round, achieving a post-money valuation of 4 billion RMB. The round was co-led by GGV Capital and Matrix Partners China, with participation from He Li Capital, Dinghui Longxin Venture, SAIC Hengxu Capital, Yaotu Capital, Zhengxuan Capital, Xin Capital, Youshi Capital, and Boya Venture.

The company focuses on developing edge-side chips for embodied intelligence, combining UBTech's robotics expertise with Muxi's chip design capabilities. The high valuation and strong investor interest underscore market confidence in the growing demand for specialized chips that enable intelligent embodied systems. The funding is expected to accelerate research and development, team expansion, and product commercialization, marking a significant milestone for the company and highlighting the increasing attention on embodied AI hardware. The company aims to leverage the new capital to strengthen its position in the emerging embodied AI chip market.