As embodied-AI funding cools and investors focus on commercialization, Chinese robotics developer Zhishen Technology has raised a several-hundred-million-yuan Series B led by UAE-based Stone Venture. The deal highlights continued Middle East interest in China’s robotics sector.
Lei Jun clarified that his purported 10 billion yuan gain from subscribing to Unitree's IPO was actually an investment by Shunwei Capital, not him, and it was early-stage support for the founder he met over a decade ago.
Zhongyi (Shenzhen) Embodied Technology has completed a nearly RMB 100 million angel round led by Andar Intelligent's controlling shareholder, lifting its post-money valuation by an order of magnitude. The deal reflects a broader 2026 shift in China's embodied AI sector, where industrial capital is entering aggressively while questions grow over inflated valuations and weak commercial deployment.
Shenshi Weishi closed three funding rounds in under a year, most recently a several-hundred-million-yuan Series B, betting that embodied AI can replace welders in non-standard, small-batch scenarios. Chairman Wang Dezhao attributes the momentum to growing deployment certainty and a proprietary data flywheel built from real production data gathered since 2020.
Zheshang Securities has maintained its 'Buy' rating on Shanghai Electric, citing the company's long-term growth potential in robotics and its strong foundation in traditional energy equipment.
Market rumors suggest embodied AI data company Mifeng Technology is approaching a 10 billion yuan valuation, but the company declined to comment when contacted.
Orient Securities maintained its Buy rating on Rongtai Co., noting the company's push into robotics and expansion in new energy and overseas markets. Rongtai's first-half net profit fell 10.1% year on year to 88 million yuan.
Fangqi Technology has completed a multi-million angel funding round led by TusStar Venture Capital and others. The company proposes a semantic world model and Turing learning paradigm to address the disconnect between physical and semantic knowledge in embodied AI, aiming to build a general-purpose robot brain.
Paixini Artificial Intelligence Technology (Beijing) has filed for A-share IPO counseling with the Beijing bureau of the CSRC, with Guotai Haitong as counselor. The company has raised over 4 billion yuan cumulatively at a valuation above 10 billion yuan, and its tactile sensing products have entered mass shipment, positioning it as a key player in the embodied AI supply chain.
Embodied tactile startup Qianjue Robotics has closed two consecutive strategic rounds worth several hundred million yuan, following a hundred-million-yuan round announced two months earlier. The funding will scale its visuotactile sensors, data collection, simulation and tactile embodied models, as investors bet on touch as a foundational layer for physical AI.
XPeng Group has launched an automated production line for humanoid robots, with its robot subsidiary Pengxing completing a first funding round of more than $900 million at a post-money valuation above $6.3 billion. The move reflects a broader push by Chinese automakers to transfer their manufacturing and supply chain strengths into the humanoid robot sector.
Changzhou Weiyi Zhizao Technology has received a CSRC filing for an overseas listing and plans to issue up to 42.8671 million shares on the Hong Kong Stock Exchange’s main board. The company focuses on industrial embodied AI robots, holds a 31% domestic market share, and grew revenue from RMB 434 million in 2023 to RMB 796 million in 2025 with rising gross margin.