Huayan Robotics (01021.HK) has announced an H-share buyback plan of up to RMB 200 million, to be executed on the open market from time to time depending on market conditions.
The Robot Report's ten most-read stories from September 2026 cover new humanoid robots, Qualcomm's acquisition of PickNik, and SoftBank's deal for the Robotics and AI Institute. Unitree's sharp share decline and Agility's SPAC-bound financials also drew heavy reader interest.
A Chinese embodied AI data company has raised nearly 100 million yuan in funding. The company collaborates with Nvidia and Huawei to provide data solutions for embodied intelligence.
Funding in the robotics sector is being reshuffled, with some startups raising hundreds of millions of yuan in their founding year. According to Leaderobot, investment logic and funding-round structures are shifting.
Kersen Technology plans to raise up to 1.102 billion yuan through a private placement to acquire a 53.26% stake in Huizhou Zhangu Technology and build a robot manufacturing project. The stock has surged with 13 limit-up days this year.
A Stanford postdoctoral researcher has returned to China to develop electronic skin for robots, and the startup has secured over 100 million yuan in new funding.
Faraday Future plans to spin off its robotics unit for an independent listing at a valuation of $200 million, while its automotive business will upgrade to become a shared mobility and smart cabin technology operator.
Fangqi Technology, founded by a post-95 Tsinghua PhD who left Tencent, has raised a tens-of-millions-yuan angel round to build a general robot brain. The company proposes a semantic world model and Turing learning paradigm to enable cross-embodiment skills, aiming to become a skill exchange for robot body makers.
DiGua Robotics has closed a $400 million Series C round led by Mirae Asset, its third financing in under a year, though the company has yet to detail how the funds will be used.
Xinhe Robotics, a specialist in grain storage robots, has completed its first funding round of tens of millions of RMB from Shenzhen High-tech Investment. The company plans to use the funds for R&D, production expansion, and scaling across national grain depots.
Guangdong Embodied AI Technology Co., Ltd. has added Dobot, Frontop, and Zhongjin Lingnan as shareholders, with registered capital increasing to 300 million yuan. The cross-industry investment signals a potential provincial-level coordinated effort in Guangdong's embodied AI sector.
D-Robotics has completed a $400 million Series C round led by Mirae Asset, with Meituan Strategic Investment, Hefei State Investment, Nanshan Strategic Emerging Investment, and existing investors Hillhouse Venture Capital and 5Y Capital participating. The company has not yet responded to questions about the use of funds or its future plans.
Qualcomm plans to acquire U.S. embodied intelligence company Picknik, according to a Wallstreetcn flash. The move would expand the chipmaker's reach into robotics software and edge AI.
Shenzhen-based Fanbot Robotics, incubated by Yale University's innovation center, has raised a ten-million-yuan angel round to develop psychological coach robots for students, avoiding the crowded general humanoid robot sector. The startup combines a proprietary multimodal MoodLLM psychological model with companion robots, targeting urgent youth mental health needs amid supportive policy and a fast-growing market.
Zhongyi (Shenzhen) Embodied Technology has closed a nearly 100 million yuan angel round led by Anda Intelligent's controlling shareholder to build an operating-system-level foundation for robots. The company, which does not make robots itself, has also launched a lifecycle service platform aggregating over 40 leading hardware manufacturers.
Ouka Zhihai, a sea-surface embodied AI company, has closed a Series C round in July 2026 led by Xigao Investment, bringing its cumulative funding this year to nearly 300 million yuan.
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.
In the first half of 2026, China's embodied AI sector attracted 172 financing deals totaling 109.17 billion yuan, yet fewer than 20% of humanoid robots actually enter manufacturing and logistics. Interim results from Unitree and UBTech show record revenues but reveal different business models, highlighting a growing gap between capital narratives and industrial reality.
Market rumors suggest embodied AI data company Mifeng Technology is approaching a 10 billion yuan valuation, but the company declined to comment when contacted.
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.
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.
Shanghai-based embodied tactile sensing company Qianjue Robotics says it has completed two consecutive strategic funding rounds totaling several hundred million yuan, following an earlier round in the hundred-million-yuan range.
Multiple sources say SoftBank Group has agreed to acquire the Robotics and AI Institute from Hyundai Motor Group, with the deal now under CFIUS review. The move would return a piece of Marc Raibert's robotics legacy to SoftBank, which owned Boston Dynamics from 2017 to 2021.
Recent robotics funding rounds show capital accelerating toward the perception layer of embodied AI, with Shutu Technology raising nearly RMB 100 million and Paxini's cumulative funding exceeding RMB 4 billion.
Hangzhou-based Zeno Robotics has closed a multi-hundred-million-yuan seed round from investors including Sunny Optical and MetaX. Founded in 2025, the physical intelligence startup also released Zeno-1, a collaborative intelligence foundation model for reliable, dexterous robot systems.
D-Robotics, the Horizon Robotics spinoff building general-purpose robot software and hardware, closed a $400 million Series C led by Mirae Asset, pushing its disclosed funding past $770 million. The company says Sunrise chip shipments have topped 8 million units and its embodied intelligence business has entered volume production.
Treble Technologies, an Icelandic startup, has raised $18 million in A-2 funding to advance physics-based acoustic simulation. The company aims to extend its audio testing platform to robotics, where hearing could complement vision for more complete environmental perception.
Crunchbase highlights five underreported funding rounds spanning nuclear energy, construction, robotics, and agriculture. The startups use AI and automation to solve industry-specific problems rather than selling pure software.
Doubao and Volcano Engine launched the AI-native Doubao Cockpit Assistant, with its first partner vehicle set for pre-sales. Separately, Ditu Robotics closed a $400 million Series C round.
On Sept. 17, D-Robotics said it raised $400 million in a Series C round led by Mirae Asset of South Korea, its third round this year. The company does not build robots. It sells the chips that go inside them. The announcement carried three numbers: $400 million raised, 8 million chips shipped to date, and coverage of more than 50% of customers in embodied AI. The three numbers describe the same business, yet they point in different directions. The announcement does not say which machines took those 8 million chips, or how the 50% was calculated. Article structure: - 1. $400 Million: A Third Round This Year, No Valuation Disclosed - 2. 8 Million Chips: Where They Went - 3. "Over 50% Coverage": One Metric, Three Versions - 4. Spun Out of Horizon Robotics: Engineering Lineage and Product Boundaries - 5. Conclusion: Revenue Structure and Three Metrics to Watch
Robotics companies raised $4.87 billion in disclosed capital across 162 tracked transactions in August 2026, according to The Robot Report. China accounted for about half of the disclosed total, and humanoid robot developers attracted nearly $944 million.
D-Robotics announced on Sept. 17 that it closed a $400 million Series C round led by Mirae Asset, with strategic investment from Meituan and participation from several government platforms and institutional investors. The company says it is entering a high-growth phase of commercialization.
D-Robotics, a robotics software and hardware foundation provider spun out of Horizon Robotics, has closed a $400 million Series C round led by global investor Mirae Asset. The deal pushes its publicly disclosed funding past $770 million, with cumulative Sunrise chip shipments now exceeding 8 million units.
Digua Robotics announced on September 17 that it has raised $400 million in Series C funding. The company also reported severalfold revenue growth in H1 2026 and cumulative chip shipments exceeding 8 million units.
D-Robotics announced it has closed a $400M Series-C funding round backed by top-tier global investors. The money will go toward expanding its Sunrise chip portfolio and building full-stack hardware and software infrastructure for AI robots, serving use cases from mature robot categories to general-purpose humanoids. In FY26 H1 the company posted leapfrog year-over-year revenue growth, and cumulative Sunrise series chip shipments have passed 8 million units.
Shenzhen Digua Robotics has raised $400 million in Series C funding, led by Mirae Asset with participation from Meituan and other investors.
D-Robotics has raised $400 million in Series C funding led by Mirae Asset, with Meituan and multiple government and private investors joining. The deal, alongside other robotics financings, highlights continued VC/PE interest in robotics and AI drug discovery.
D-Robotics, the robotics chip and platform company, announced a $400 million Series C round led by Mirae Asset on September 17, with backing from Meituan, government funds, and existing investors. Its Sunrise chip series has shipped over 8 million units, and its embodied AI business has entered mass-production shipments.
StarCan Intelligence has completed four million-yuan funding rounds in its first year by focusing on wheelchair robots rather than humanoid demos. Its XcanMateX combines autonomous navigation, voice interaction and caregiving functions, targeting aging-care markets in Europe and China.
D-Robotics has closed a $400 million Series C round led by Mirae Asset, with Meituan and several other investors participating, as the company's first-half revenue grew severalfold.
Sweet Potato Robot, dubbed the 'Nvidia of robotics,' announced a $400 million Series C funding round led by Mirae Asset, with participation from Meituan and other investors.
D-Robotics, a Chinese robotics company, has completed a $400 million Series C funding round led by Mirae Asset, with participation from Meituan and several government and private investment firms.
D-Robotics has raised $400 million in Series C funding, led by Mirae Asset with participation from Meituan and other investors. The company's customer coverage in embodied intelligence has exceeded 50%.
D-Robotics has raised $400 million in Series C funding led by Mirae Asset, with existing investors increasing their stakes. The company also reported that shipments of its Sunrise chips have exceeded 8 million units.
D-Robotics said on September 17 that it raised a $400 million Series C round with Meituan and Hillhouse participating. The company will use the funds to expand its Sunrise chip lineup and build a full-stack embodied AI software platform.
D-Robotics announced on Sept. 17 that it has completed a $400 million Series C round. The funding will support its Sunrise chip lineup and an integrated software platform for embodied AI, targeting development from established robot categories to general-purpose humanoids.
D-Robotics has raised $400 million in Series C funding led by Mirae Asset, with backing from Meituan and government funds. The capital will accelerate its Xuri chip development and full-stack software platform for robotics.
Drobot, a robotics company incubated by Horizon Robotics, has closed a $400 million Series C round led by Mirae Asset, with participation from Meituan and other top-tier investors.
D-Robotics has closed a US$400 million Series C round led by Mirae Asset, with Meituan's strategic investment arm and a broad group of government platforms, financial investors, and existing shareholders participating. The company says first-half 2026 revenue grew several-fold year over year, cumulative Sunrise chip shipments passed 8 million units, and the Sunrise S600 has been adopted by more than 20 leading robotics customers.
Digu Robotics announced on September 17 that it has raised $400 million in Series C funding, led by Future Asset with participation from Meituan and several government and private investment firms.
Hangzhou Zeno Future Technology Co., Ltd. (Zeno Robotics) has raised hundreds of millions of RMB in seed funding from investors including Sunny Optical and MetaX. The company has an 82.37% predicted probability of securing follow-on funding within two years.
Hangzhou Laifeng Robotics has completed an angel funding round worth tens of millions of yuan, led by Yuda Investment. The proceeds will be used to build overseas sales and service teams and advance R&D for high-difficulty products such as greens mowers and rough mowers.
Zijin Mining's wholly owned unit Zijin Xiamen Equity plans to contribute 1 billion yuan as a limited partner to the Xiamen Times Shenyuan Venture Capital Fund, taking a 20.4081% subscribed share. The 4.9 billion yuan fund targets artificial intelligence, embodied intelligence, technology applications and frontier technologies.
Henggong Precision plans to issue convertible corporate bonds to unspecified investors, raising no more than 810 million yuan, with proceeds aimed mainly at embodied AI robot manufacturing and R&D.
Hangzhou Tuorui Intelligent Equipment has closed a first-round financing of tens of millions of RMB, backed by industrial investors including Power Future Technology and Tongli Technology. The company will use the funds to build an embodied intelligence pilot base, scale production lines, and expand its talent pool as it advances full-stack ODM and real-machine data services.
Hangcha Group plans to issue up to 2.259 billion yuan in convertible bonds to fund forklift robot projects. The company's intelligent logistics business revenue grew over 30% in the first half, boosting its robotics push.
Hangcha Group announced a plan to issue convertible bonds to raise up to 2.259 billion yuan, with proceeds earmarked for forklift robot smart factory, new energy forklift expansion, and robotics R&D projects. The move underscores the company's focus on automation and new energy.
CATL's wholly-owned subsidiary Ningbo Wending will contribute 1.12 billion yuan to a venture capital fund with total capital of 5.768 billion yuan, focusing on new energy, AI, and embodied intelligence.
Wo'an Robotics (06600.HK) said its trustee bought 101,200 H shares under its H-share incentive plan between August 28 and September 14, 2026.
In three months, Gongzhi Ocean, Deep Sea Sapien, and Shihang Intelligent raised angel and Series A funding, signaling a dense financing period for deep-sea robotics. Investors are focusing less on dive depth and more on operation costs, data barriers, and domestic core component autonomy.
After the 2025 startup boom, embodied AI funding in 2026 is concentrating on top projects with clear commercialization paths, with over 2 billion yuan flowing into the sector in two months and home robotics attracting major attention.
Deep-sea embodied AI robot company Gongzhi Ocean has closed an angel round of nearly 100 million yuan, backed by investors including Zhongxin Zhidi, Lihe Finance, and Yinfeng Capital. The deal follows recent large financings for other deep-sea robotics firms such as Shihang Intelligent and Shenhai Zhiren.
Xieyue Intelligence has raised hundreds of millions of yuan in an Angel+ round backed by Linear Capital, Junshan Capital, Hongyi Capital and Hidden Hill Capital, according to The Paper. The company will use the funds for embodied foundation models, compute and data infrastructure, team expansion, and home robot development.
Chinese embodied AI startup Kinetix AI has raised over RMB 500 million in an angel+ round. It will use the funds to accelerate its data-model-body loop and commercialize highly humanoid robots.
West Lake Robotics Technology (Hangzhou) has raised several hundred million yuan in a Series A1 round from Haiyuan Capital, Cuiwei Fund, Ginkgo Valley Capital, Xihu Kechuang Investment, and Zhongshan Venture Capital. Founded in 2021, the embodied AI company aims to advance general robot intelligence by integrating reinforcement learning with large models.
Westlake Robotics, a Hangzhou-based general brain company, has completed an A1 financing round worth hundreds of millions of yuan. The funds will be used to develop its embodied AI foundation model WR1 and expand commercialization.
Maven Robotics raised a $100 million Series A for wheeled warehouse robots, with eight units working 16 hours a day at more than 99% uptime. While humanoid firms chase bipedal generalists, Maven bets on ROI-first specialized automation, using scale to gain data and later move into assembly.
West Lake Robotics has completed its A1 funding round with investors including Haiyuan Capital and Cuiwei Fund. The funds will support the development of its general embodied AI model WR1 and commercialization of embodied intelligence.
Maven Robotics has launched with a $100 million Series A, betting on wheeled bases with dual arms instead of humanoid robots for warehouse palletizing. The company has achieved over 99% uptime in customer warehouses and plans to accumulate 1 million hours of autonomous operation data by 2027.
Swarmer Inc. has agreed to acquire Ukrainian uncrewed ground vehicle maker Ratel Robotics in a cash-and-stock deal worth up to $224 million if earnout milestones are met. The deal would add more than 300 Ratel employees to Swarmer and combine battle-tested UGVs with Swarmer's swarm-control autonomy software.
Huashi Technology (301218.SZ) stated on an investor platform that it is involved in robot-related business, mainly through an investment in Hangzhou Yuchuang Robotics Technology Co., Ltd.
China's primary market is pouring roughly 90% of hard-tech capital into the same handful of themes — AI, robotics, world models, fusion and commercial space — pushing valuations up within weeks. Secondary markets are far less convinced, as Unitree's post-IPO slide and Mech-Mind's flat debut show, while regulators warn against herd behavior.
PHYMI, an embodied AI startup founded by former DeepRoute.ai executive Liu Nianqiu, has raised nearly US$100 million in seed funding led by IDG Capital. The company is developing 'Physical Agents' that can understand goals, manipulate objects, and complete tasks in open, dynamic environments.
WeiFen ZhiFei, a flying embodied intelligence startup founded by a post-90s Zhejiang University advisor, has completed a Series A2 funding of hundreds of millions of yuan. The company focuses on developing autonomous flying robots for complex environments, with products already in batch delivery.
Youdi Robot surged over 170% in its Hong Kong IPO debut on September 9, reflecting strong investor interest in AI-driven commercial robotics. The company, founded in 2013, specializes in AI robots and RaaS solutions for global multi-scenario commercial use.
Antioch, a 16-month-old startup, has raised $32 million in Series A funding led by Greylock to advance cloud-based simulation for robotic testing. Its platform, already adopted by Amazon's Ring, reportedly matches real-world physical tests closely, promising to accelerate development cycles.
Youdi Robot's Hong Kong IPO shares surged over 106% in dark pool trading, reaching HK$29.86 ahead of its September 9 main board listing.
At the HKEX China Opportunities Forum on September 8, Zhang Bin, director of the SSE's International Cooperation Department, said the Chinese market has become a must-choice for international capital, not just an option. He highlighted rapid growth in A-shares across high-tech sectors like humanoid robots and semiconductors.
Agility Robotics disclosed $1.8 million in net sales for 2025 against a $140 million operating loss ahead of its proposed SPAC merger. The company plans to deploy thousands of Digit humanoid robots via a Robots-as-a-Service model to justify a $2.5 billion valuation.
A wave of funding has hit deep-sea robotics startups founded by Harbin Engineering University alumni. The sector is buoyed by government policy and a market estimated at 1.5 trillion yuan, with investors betting on industrial-scale products.
Unitree lost RMB 230 billion in 13 days, yet still trades 251.7% above issue. Why the anchor held, and six flags to check.
Li'ang Robotics, a Chinese startup specializing in navigation control and embodied AI, has completed a strategic funding round worth tens of millions of yuan, with investment from Laifude.
Medtronic announced a $700 million investment in Cornerstone Robotics and gained distribution rights for its Sentire surgical system in key markets outside the U.S. The partnership aims to expand access to robotic-assisted surgery by offering two complementary platforms, Hugo and Sentire, addressing varying surgeon preferences.
Shandong Youbaote Robotics has completed a nine-figure yuan Series A+ round led by Dongzheng Capital, with participation from industrial and venture investors. The funding will support scaled production and further development in mining applications.
Li'ang Robot, a Shenzhen-based embodied intelligence startup, has completed a strategic financing round of tens of millions of yuan from investor Laifude Technology. The funds will support R&D in navigation controllers, lightweight AMRs, and embodied composite robots.
Xpeng Robotics completed a $900 million Series A funding round, valuing the unit at over $6.3 billion, with backing from IDG Capital and strategic investors Tencent and Alibaba.
LEON ROBOT, a Shenzhen-based robotics firm, has completed a strategic financing round of several million yuan, backed by Shenzhen Leford Technology. The funding will accelerate product development and market expansion.
Chinese robotics company Youbot has raised hundreds of millions of yuan in a Series A+ round led by Dongzheng Capital. The funds will be used to develop new joint modules and humanoid robots.
TianGong Robot, known for breaking the robot 100-meter world record, has raised hundreds of millions of yuan in a funding round led by Chuxin Capital. The funds will boost sorting robot production and R&D for humanoid-based sorting systems.
The third phase of the Beijing-Tianjin-Hebei New Energy Vehicle and Robotics Investment and Financing Innovation Salon was held in Beijing Yizhuang, focusing on new energy vehicle supply chains, robotics, embodied intelligence, and industrial intelligence.
Beijing Keling, a subsidiary of Kuaishou, has signed agreements with the National AI Industry Investment Fund and Charoen Pokphand Robot to receive capital injections. The funding will support the company's growth in the AI and robotics sector.
This week's notable hard-tech investments include XPeng Robot's $900 million first-round funding and policy moves by the National Data Bureau to explore new business models like token-based subscriptions.
AI robotics company Sharpa has raised 4.5 billion yuan from Alibaba, Meituan, Tencent, and JD.com, and deployed a dual-arm robot ice cream maker at a DQ store in Shanghai.
AGIBOT shipped the most humanoid robots and won 46 medals, yet carries roughly one-sixth of Unitree's value. Inside the mismatch.
XPeng Robotics secured over $900 million in its first funding round, valuing the company at $6.3 billion and setting a new record for China's embodied intelligence sector. The investment, led by IDG Capital with strategic backing from Tencent and Alibaba, underscores the transfer of automotive and autonomous driving expertise to humanoid robotics.
Chinese general-purpose robot maker Sharpa disclosed total funding exceeding 4.5 billion yuan, with a post-investment valuation of 22 billion yuan. Founder Li Yifan clarified the company is not creating jobs for robots but rather for humans.
Chinese embodied-AI startup PsiBot has secured over $100 million in new funding, with industrial investors including Ningbo Tuopu Group and Lens Technology. The funds will support research on embodied world models, human-operation data collection, and deployments in logistics and advanced manufacturing.
The U.S. National Science Foundation announced a $90 million investment over five years to establish three new Science and Technology Centers, each receiving $6 million annually. One center, led by UT Austin, will focus on human-robot co-adaptation, while the other two will tackle turbulence and genomic intelligence.
Jianzhi Robotics announced a Series A funding round led by physical AI company Momenta, with existing investors following on. The funds will accelerate development of data-driven physical AI infrastructure.
At the 2026 World Robot Sports Games, the first-ever dexterous hand competition showcased the latest progress in robotic manipulation, with no single team dominating. Meanwhile, funding in the dexterous hand sector reached 31.252 billion yuan in the first eight months of 2026, 1.85 times the full-year 2025 figure.
XPeng CEO He Xiaopeng revealed plans to boost monthly car sales to 60,000 and announced over $900 million in first-round funding for its robot division, valuing it at $6.3 billion.
Jianzhi Robotics announced a Series A round led by Momenta, with existing shareholders also investing. The funds will advance its data infrastructure and embodied AI initiatives.
Figure AI unveiled an index and robot training dataset, committing over $1 billion over the next 12 months. The platform boasts 44,000 weekly active users contributing to the data.
Chinese EV makers XPENG, Leapmotor, and NIO announced major robot initiatives on August 24, with XPENG's humanoid robot securing over $900 million in first-round funding.
Robot concept stocks surged on August 25 as XPeng Robotics secured over $900 million in first-round funding. The MIIT also released a new humanoid robot industry standard, boosting market sentiment.
XPeng's humanoid robot business secured over $900 million in its first funding round, valuing it at $6.3 billion and setting a record for China's embodied AI sector.
XPeng's robot funding round highlights automakers' push into embodied AI, boosting auto parts stocks. The auto parts index rose 1.14% despite broader market decline, with net inflows of 1.658 billion yuan over three days.
On August 24, three Chinese EV startups—Xpeng, Leapmotor, and NIO—announced moves into embodied AI robotics. Xpeng's robot unit secured over $900 million in first-round funding, valuing it at $6.3 billion.
XPeng's humanoid robot business secured over $900 million in its first funding round, with agreements signed on August 24. The investment will accelerate development and commercialization.
XPeng Motors' humanoid robot unit Dogotix has raised over $900 million in its initial funding round, reaching a post-money valuation of $6.3 billion. The investment will support robot development, mass production, and global expansion, with XPeng aiming to produce 1,000 IRON humanoids monthly by the end of 2026.
Xiaopeng's humanoid robot business has raised over $900 million in equity funding, led by IDG Capital with Gaorong Ventures participating, reaching a post-money valuation of $6.3 billion.
XPeng's humanoid robot business, Pengxing, has raised $900 million in its first external funding round, with IDG Capital, Gaorong Ventures, Alibaba, and Tencent subscribing $600 million.
XPeng Group reported Q2 2026 revenue of RMB 19.74 billion, with a net loss of RMB 2.92 billion for the first half. The company expects Q3 revenue to grow 6.47-14.81% YoY, and its robotics business raised over $900 million in its first financing round.
XPeng's robotics arm secured over $900 million in its first equity funding round, led by IDG Capital with participation from Hillhouse and strategic investors Tencent and Alibaba, valuing the unit at over $6.3 billion.
At an all-hands meeting, NIO CEO William Li announced that Ren Shaoqing, the head of autonomous driving, has founded an independent company focused on physical AI foundation models and embodied intelligence. NIO will make a strategic investment and collaborate with the new venture.
Xpeng Robotics completed its initial funding round of over $900 million, valuing the company at over $6.3 billion and setting a new record for single-round private equity financing in China's embodied intelligence sector.
XPeng Robotics completed its first external funding round, raising over $900 million at a valuation exceeding $6.3 billion. The investment, led by IDG Capital with participation from Gaorong Ventures and strategic backing from Tencent and Alibaba, sets a new record for single-round private equity in China's embodied AI sector.
Beijing Weifan Intelligent Technology has raised over 100 million yuan in a Seed+ round to advance its brain-inspired edge computing chips for robots. The funding will accelerate productization of its BrainOS and OmniRT toolchain, with backers including CICC Capital and humanoid robot maker Songyan Dynamics.
Xiaopeng's humanoid robot business secured over $900 million in its first external financing round, led by IDG Capital, with a post-money valuation exceeding $6.3 billion. This marks the largest single-round private equity raise in China's embodied intelligence sector.
Xpeng's robotics unit has completed its first funding round of over $900 million, achieving a post-money valuation of over $6.3 billion. The round was led by IDG Capital with participation from Gaorong Ventures, and strategic support from Tencent and Alibaba, while XPeng remains the controlling shareholder.
XPeng's humanoid robot business raised over $900 million in its first funding round, setting a record for single-round private equity financing in China's embodied AI industry.
XPENG Robotics raised over $900 million in its first funding round, valuing the company at over $6.3 billion and setting a new record for single-round private equity financing in China's embodied intelligence sector.
Xiaopeng Robotics announced its first funding round of over $900 million, setting a new record for single-round private equity financing in China's embodied AI sector.
XPeng's robotics unit has completed a first funding round of over $900 million, led by IDG Capital with participation from Tencent and Alibaba, valuing the business at over $6.3 billion.
XPeng Robotics secured over $900 million in its first funding round, led by IDG Capital with participation from GSR Ventures and strategic investors Tencent and Alibaba, reaching a post-money valuation of over $6.3 billion. The funds will accelerate mass production and physical AI development.
At the 2026 World Robot Congress, LimX Dynamics unveiled its full humanoid product lineup and announced completed funding rounds to accelerate embodied AI commercialization. The move follows Unitree's IPO, which boosted the sector's capital enthusiasm.
Standex Robotics has made a third attempt to list on the Hong Kong Stock Exchange, but faces regulatory inquiries over a six-fold price gap in share transfers that raised concerns about potential benefit transfer.
A new 250 million yuan embodied intelligence fund has been registered in Henan, with Zhongqin Robot and Henan Strategic Emerging Industry Fund as investors.
Jiateng Robot, a leading supplier of industrial embodied intelligent mobile chassis, has completed a strategic funding round of tens of millions of yuan. Led by listed company Hertan, the investment will accelerate product development and market expansion in the embodied AI sector.
Stanley Robotics faces controversy over its equity incentive plan, which has led to a surge in executive compensation, while the company lags behind industry leader Unitree in commercialization.
Jiateng Robotics has completed a strategic funding round worth tens of millions of yuan, led by listed company Hitek (002402.SZ), with participation from Daohu Fund and Jinmu Capital. The funds will support the company's expansion in logistics robotics.
Jiateng Robotics, a core supplier of industrial embodied intelligent mobile chassis, has completed a strategic funding round of tens of millions of yuan, led by H&T with participation from Daohe Fund and Jinmu Capital.
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.
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.
China's embodied AI raised RMB 96B in a year. Now the test is spending: Unitree profits on tiny R&D while UBTECH lost RMB 4.2B. Who spends well?
Unitree Technology's listing has become a valuation anchor, prompting a wave of Chinese robot companies to pursue IPOs. Five robotics firms have already gone public in Hong Kong since 2026.
Recent launches of new 'Chuang' series indices, including ChiNext photovoltaic, smart driving, and robotics indices, have spurred fund firms to rapidly file over 30 related products in H2, expanding tools for new quality productive forces.
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.
Linghou Robotics has completed a Series C financing round exceeding 100 million yuan, led by Cinda Capital, with participation from several industry funds and existing investors.
Westlake Robotics, founded by a Westlake University professor, completed a Series A round of over 100 million RMB, bringing total funding to 500 million RMB in four rounds within six months. The funds will accelerate development of a unified large model for humanoid robots.
As the World Robot Conference approaches, robotics stocks rebound, with institutions recommending August-October as the prime trading window. The CSI Robot Index is up 6.95% in August, and robotics ETFs see net inflows.
NOUSBOT, a precision transmission component supplier, has secured nearly 100 million yuan in Series A+ funding, led by Shunwei Capital. The investment will fuel capacity expansion for micro planetary roller screws, product upgrades, and overseas market growth.
Tencent announced significant increases in AI compute procurement, while Westlake Robotics, a general-purpose embodied intelligence company, completed Series A funding.
Unitree's RMB 60.99B IPO at 219x P/E gives China's embodied AI its first public valuation benchmark. What the price demands, and who it measures.
Westlake Robotics has closed its Series A round, completing four funding rounds within six months. Investors are betting on its advanced technology and commercialization potential in the competitive robotics sector.
Westlake Robotics, an embodied intelligence startup, has closed a Series A round exceeding 100 million yuan, led by Haiyuan Capital. The funding will support quadruped robot iteration, AGI behavior model development, and team expansion.
West Lake Robotics has completed its Series A funding round, led by Haiyuan Fund, raising over 100 million yuan to advance humanoid robot AI models and systems.
Westlake Robotics, an embodied intelligence startup from Westlake University, has raised 500 million yuan (about 70 million USD) in Series A funding within six months. The funds will be used to develop a unified large model for humanoid robots and build a talent hub.
Westlake Robotics, a developer of universal brains for embodied intelligence, has closed a new funding round led by Haiyuan Fund, bringing its total raised in the past six months to 500 million RMB across four rounds.
Brokerages are increasingly taking direct stakes in hard-tech IPOs like Unitree's, leveraging an integrated investment-banking model. This synergy is becoming a major earnings engine for securities firms.
Ant Group leads a multi-hundred-million-yuan funding round in Daimeng Robotics, marking its first investment in tactile sensing for robots. The move highlights a growing trend of capital flowing into embodied AI and tactile sensor startups.
Qiangrui Technology announced a proposed private placement to raise up to 1.05 billion yuan, earmarked for AI server precision liquid cooling components, server automation assembly and testing equipment, high-end semiconductor equipment precision parts, and headquarters construction.
Daimeng Robotics, a Shenzhen-based embodied intelligence startup, announced a multi-hundred-million-yuan funding round led by Ant Group, marking Ant's first investment in the tactile sensing sector. The company originated from a Hong Kong University of Science and Technology research team and began operations in 2023.
Daimon Robotics announced on August 11 that it secured hundreds of millions in new funding led by Ant Group, with existing shareholders increasing their stakes. The capital will accelerate its expansion from tactile sensors to data infrastructure and model deployment.
Ant Group has led a multi-million yuan funding round in embodied AI startup Damon Robot, marking its latest move in the robotics sector. The company has previously invested in several other robot firms.
DaiMeng Robot has secured hundreds of millions of yuan in funding led by Ant Group, with existing shareholders increasing their stakes. The company is expanding from tactile sensors to data infrastructure and AI model deployment.
DaMeng Robotics, a robotics startup incubated at HKUST, has secured hundreds of millions in funding in a round led by Ant Group, with existing investors also participating. The company focuses on advanced robotics solutions and has received backing from major industrial investors.
Lingoh Robotics, a Suzhou-based industrial robot maker, announced completion of its Series C funding round exceeding 100 million RMB, led by Chendao Capital, CATL's industrial investment platform.
West Lake Robotics, an embodied intelligence general brain company, announced the completion of its Series A round, less than a month after the previous close. The company raised a total of 500 million yuan across four rounds in six months, with investments from Sequoia, Xiaomiao Langcheng, and Henan Investment Group.
Acorn Robotics has completed its angel round financing, co-led by China Merchants Group Ventures and NIO Capital, with Tsinghua Alumni Seed Fund participating. This follows a seed round of nearly 100 million yuan in March, bringing total funding to several hundred million yuan within four months.
Kaiwang Data, a full-chain AI data infrastructure company, has secured over 100 million yuan in strategic funding, with leading embodied AI firms such as Self-Model and Zhiyuan as first-time strategic investors. This move highlights the growing scarcity of high-quality physical-world training data as a bottleneck for the industry.
Avatar Robotics, a San Francisco startup, raised $6.5 million in seed funding led by AlleyCorp to deploy semi-humanoid robots in industrial settings. The company uses a human-in-the-loop teleoperation model to address labor shortages and gather data for future autonomy.
Funding for home robots is heating up, with companies demonstrating fine household skills like cooking mapo tofu and folding clothes to attract investors.
LumiBot, a dexterous manipulation startup, secured tens of millions in angel funding led by Changyou Technology, marking the first investment from Changyou's robot fund. The company's focus on thermal management for dexterous hands aims to solve the reliability issues that hinder industrial adoption.
On August 7, A-shares rallied broadly with the ChiNext up 2.19%. The Guotai Robot ETF (159551) rose 0.91% and saw net inflows for the fourth straight day.
Shoucheng Holdings has established a 3.5 billion yuan fund focused on physical AI, targeting robotics and embodied intelligence. This follows the IPO approval of its portfolio company Unitree Robotics, reinforcing Shoucheng's strategic push into the hard-tech sector.
Dianshi Tech, a robotics-related company, has announced that its capital increase project is currently listed on a property exchange to solicit investors. The company will disclose further progress as required by regulations.
Former DJI executive's startup Strutt has completed a Pre-A+ round, raising nearly $100 million cumulatively. Its autonomous wheelchair product EV1 has started overseas delivery, with a test-drive conversion rate near 50%.
Faraday Future (FF) announced four key measures to revive its market value, including spinning off its robot business for independent funding and a potential IPO. The company aims to return to its 2021 listing level within two years, backed by robot business milestones like 157 units shipped and a 2026 target of 1,500 units.
PokeBot, a Chinese embodied-AI startup, has raised hundreds of millions of dollars in a pre-A round led by Shunwei Capital and Matrix Partners. The company is developing household robots for tasks like clothes folding and cooking, with a recent demo showing autonomous mapo tofu preparation in nine minutes.
Faraday Future announced key measures to restore its market value to 2021 levels within two years, including locking the minimum conversion price of existing notes and exploring independent financing for its robotics business.
Moove has secured $250 million in Series C funding to expand its autonomous vehicle infrastructure, including fleet ownership and robotic depots. The investment will support global market launches and a 220% increase in its AV workforce by year-end.
Luoshi Robotics announced full exercise of the over-allotment option, issuing 3.45 million H-shares at HK$38 each, raising approximately HK$127 million.
Fangshi Robotics, a Beijing-based startup specializing in unmanned and intelligent construction site solutions, has secured tens of millions of yuan in an A+ funding round led by Jinan Quehua Science and Technology Innovation Investment.
Strutt, founded by a former DJI executive, has raised nearly $100 million and launched its personal mobility robot EV1, achieving a 50% trial-to-purchase conversion rate and zero returns. The company plans to enter the Chinese market in late 2026.
Global billionaire family offices are increasingly investing in AI robotics, pivoting from large language models to physical robots, as seen in recent funding rounds and market performance.
Billionaire family offices are aggressively investing in AI robotics firms despite AI bubble fears, with Bernard Arnault's office backing a London-based robot maker.
PokeBot, a Beijing-based embodied intelligence startup founded by Tsinghua professor Xu Huazhe, announced a nine-figure Pre-A round led by Shunwei Capital and GGV Capital, with Xiaomi and other investors following. The company, which focuses on household manipulation tasks, has reached unicorn candidate status within five months of inception.
PokeBot, a general embodied intelligence startup founded by Tsinghua professor Xu Huazhe, announced a billion-dollar Pre-A round co-led by Shunwei Capital and Matrix Partners. The company focuses on home scenarios and uses a world model approach to train robots for household tasks.
In July 2026, humanoid robotics and embodied AI saw 18 funding events, making it the most capital-concentrated sector. Investment shifted from pure hardware to AI brains, application-specific robots, and core components.
HEBI Robotics has received a NASA SBIR Phase I contract to develop miniaturized high-torque actuators for small satellites and harsh environments. The company aims to provide affordable, rugged modular actuation hardware for space and terrestrial applications.
Theker has raised $85 million in new funding. The company aims to build factory robots that can be reconfigured for various tasks, unlike traditional humanoid robots fixed in form.