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D-Robotics Raises $400M Series C, Sunrise Chip Shipments Top 8 Million

D-Robotics announced on September 17 that it has closed a $400 million Series C round led by Mirae Asset. The round is one of the larger funding events in the robotics chip sector. The investor mix spans financial institutions, industrial capital, and government platforms, reflecting broad confidence in the company's chip and platform roadmap.

The round drew a long list of follow-on investors, including Meituan Strategic Investment, Hefei Guotou, Nanshan Zhanshin Investment, and Jingquan Capital, alongside institutional players such as Cathay Capital, Huamei International Investment Group, GF Xinde, Beyond Moore, and Qihang Investment's Xinchang II Fund.

Existing shareholders continued to increase their positions, among them Gaorong Ventures, 5Y Capital, Linear Capital, Huangpu River Capital, Temasek's Vertex Growth, Prosperity7, Hexuan Capital, Yunfeng Fund, Meituan Longzhu, Jiuyang Family Office, Dunhong Asset, Kailian Capital, Boiling Point Capital, Jiuhe Venture, Chuxin Capital, Digital Future, and Gengxin Capital.

Notably, Meituan appears on both the new and existing shareholder lists through Meituan Strategic Investment and Meituan Longzhu.

On the data front, D-Robotics said its revenue in the first half of 2026 grew several times year-on-year. Cumulative shipments of its Sunrise series chips have surpassed 8 million units, and its embodied AI business has entered mass-production shipments, with its integrated hardware-software infrastructure completing large-scale validation. The company said the mass-production milestone marks a step change for its embodied AI business.

More than 500 small and medium makers, over 500 universities and colleges, and more than 100,000 developers from over 20 countries have used the D-Robotics platform to create hundreds of forms of intelligent robot products, serving millions of users worldwide. This developer ecosystem is central to D-Robotics' platform strategy.

The 8 million shipment milestone suggests that Sunrise chips' main revenue source may not be humanoid robots, but rather already-scaled consumer robot categories such as robot vacuums and lawn mowers. D-Robotics previously formed a strategic partnership with GigaAI; the first integrated model, GigaBrain-0.7, is adapted to the Sunrise S600 platform, which offers 560 TOPS of compute for on-device deployment of VLA, VLM, and embodied foundation models. The S600 platform is aimed at edge deployment where latency and power matter.

From a shipment structure perspective, D-Robotics' strategy is to use high-volume consumer robots to amortize chip R&D costs while using high-compute platforms to stake out the incremental markets of humanoid robots and embodied intelligence. This dual approach balances near-term revenue with long-term positioning.

As for how the $400 million will be spent, D-Robotics did not disclose specific plans in its announcement, but its previous moves point to several directions. First, continued iteration of the Sunrise chip series—higher-compute or lower-power versions after the S600 may already be in planning. Second, engineering of integrated hardware-software solutions, which requires joint refinement of chips, toolchains, and model deployment with model companies like GigaAI. Third, maintenance and expansion of the developer ecosystem, which at 500 makers, 500 universities, and 100,000 developers requires ongoing technical support and community operations. These investments are capital-intensive and require long-term commitment.

The presence of government platforms such as Hefei Guotou and Nanshan Zhanshin Investment corresponds to D-Robotics' industrial deployment and capacity layout in Hefei, Shenzhen, and other locations. Such state-backed investors often support local industrial clusters and capacity build-out. Meituan Strategic Investment's entry is worth noting: Meituan has real scenario needs in unmanned delivery and robotics, and investing in a robot chip platform may be a move to find a hardware foundation for its own businesses.

D-Robotics describes the current moment as the eve of a robotics category explosion. It is betting that over the next two to three years, shipments of consumer robots and embodied intelligence will move from the millions to the tens of millions, and that chips, as underlying infrastructure, will benefit first. This is the company's own judgment, not an industry consensus.

✓ Verified 2026-09-17
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