Mining Robotics Firm Youbaote Raises ¥100M Series A+ Led by Dongzheng

Shandong Youbaote Intelligent Robotics Co., Ltd. (Youbaote Robotics) has completed a Series A+ round exceeding 100 million yuan, as reported by the STAR Market Daily. The financing was led by Dongzheng Capital, with participation from Jinan Leading Investment Group, Zibo High-tech Guochuang Fund, and Legend Star.

The Shandong-based company specializes in developing robotics solutions for hazardous environments, with a particular emphasis on underground mining. Its systems aim to perform autonomous inspection, mapping, and material handling in areas where GPS is unavailable and visibility is limited. Youbaote’s technology is built to withstand dusty, humid conditions and navigate confined spaces, addressing critical safety and operational challenges.

Proceeds from the round will accelerate the transformation of its technical expertise into scalable delivery capabilities. Plans include expanding production bases and enhancing a nationwide service network. The funding will also support research into battery endurance and navigation algorithms optimized for harsh conditions. Through this capital injection, Youbaote intends to strengthen cooperation with leading mining companies and solidify its position in the industrial robotics sector.