Shangwei New Materials' first half-year report after Zhiyuan Robot's takeover shows revenue growth but stagnant profits, while its robotics business still has no revenue. The stock rebounded after an initial dip on the report's release.
Gravis Robotics raised $200M in Series A funding led by SoftBank, the largest in construction robotics. The Zurich-based company retrofits excavators with autonomous kits to improve productivity and safety.
Unitree Robotics will list on the Shanghai Stock Exchange's STAR Market on August 19, 2026, the company announced.
Silin Zhiqu announced plans to raise up to 1.8 billion yuan via private placement to fund a smart manufacturing base for auto and robot components, plus working capital.
MIFeng Technology, a one-stop physical AI data service provider, has raised hundreds of millions of yuan in a new funding round led by China Telecom. The capital will be used to build embodied intelligence data infrastructure and expand its MEgo series production.
Faraday Future founder Jia Yueting announced that FF Robotics has entered a phase of rapid revenue growth and is exploring independent financing and a potential IPO.
Recent market rumors of gray market trading in Unitree's IPO shares are unfounded, according to industry sources, but investors should be wary of such informal deals.
Zhiyang Innovation announced plans to raise up to 904 million yuan via a private placement to fund embodied intelligence and other projects. The issuance targets no more than 35 investors, with pricing at least 80% of the average stock price over the prior 20 trading days.
Agility Robotics and Serve Robotics both chose non-traditional routes to public markets, using SPAC mergers and reverse mergers instead of traditional IPOs. These paths offer flexibility and strategic backing but come with unique risks, making them increasingly viable for robotics companies.
China's embodied AI sector raised over 93.5 billion yuan in H1 2026, up five-fold year-on-year, as robots accelerate into factories, per CCTV Finance.
Light Origins, founded by a ChatGPT core contributor, has raised tens of millions of yuan in a Pre-A round led by Guoke Investment to advance embodied AGI technologies.