New Shuangpai Robot Completes A+ Funding Led by Daosheng Capital

According to Kechuangban Daily on the 12th, New Shuangpai Robot (Hangzhou) Co., Ltd. has announced the completion of an A+ financing round. Daosheng Capital led the investment, with Lingdong Venture participating as a follower. Specific financial terms were not included in the announcement.

The proceeds are earmarked for three areas. First, New Shuangpai will continue in-house development and volume production of core components and motion control systems. Second, it plans to bring three capabilities into mass production: assisted driving, voice companionship, and an intelligent operating system.

Third, the financing will support overseas channel building and production capacity ramp-up. Based in Hangzhou, New Shuangpai is an emerging player in embodied AI and robotics. The round signals investor interest in China's robotics supply chain and mass-production capabilities, as competition increasingly centers on self-developed core parts and scalable manufacturing. The company aims to strengthen both domestic research and overseas market expansion. New Shuangpai has not provided a timeline for deploying the funds.