Oak Fruit Robotics closes an angel round led by China Merchants Venture and NIO Capital

Oak Fruit Robotics builds a touch-first manipulation model for flexible production (Source: Zhidx) An angel round for a non-consensus route Oak Fruit Robotics has announced an angel round led by China Merchants Venture and NIO Capital, with a Tsinghua alumni seed fund following. Four months after a near-RMB 100 million seed in March, the company … Read more

AgiBot raises RMB 1-1.5 billion at a RMB 50 billion valuation, pushing its Hong Kong IPO to 2027

A financing that reschedules the listing AgiBot’s latest round is reported at RMB 1-1.5 billion, nearing completion, at a post-money valuation of about RMB 50 billion. Then the next line: it will not list this year. On 13 October, Caijing reported exclusively that AgiBot had launched a new financing at a roughly RMB 50 billion … Read more

Unitree’s share price climbs back above RMB 500 as humanoid-robot stocks surge

China’s humanoid-robot sector rallied as national standards and output data landed (Source: OFweek Robotics) A sector-wide surge On 19 and 20 October 2026, the A-share humanoid-robot sector rose sharply again. As the sector’s clear leader, Unitree (688836.SH) jumped 16.15 per cent on the 19th and touched an intraday RMB 508.99, then extended gains on the … Read more

ZhuGe Robotics closes Pre-A round to build guide robots for the visually impaired

ZhuGe Robotics builds the AI LOOK guide robot for blind and low-vision users (Source: OFweek Robotics) A company born from the founder’s own reality On 16 October, ZhuGe Robotics of Shandong closed a Pre-A round with Pudong Venture Capital, Bawei Tong Spatial Intelligence and Shijiazhuang Quchuang participating. At a moment when most embodied-intelligence projects are … Read more

Pongbot closes a several-hundred-million-yuan Series B to scale its sports AI coach

Pongbot’s serving robot has thrown more than two billion balls and built a sports data moat (Source: OFweek Robotics) A Series B for the sports large model AI sports-hardware company Pongbot has announced a several-hundred-million-yuan Series B. The round was led by the Shanghai Guotou Xiandao fund, with Yuanhe Puhua and Pudong Venture following and … Read more

Euler Everything closes a several-hundred-million-yuan angel-plus round, its fourth raise in seven months

Euler Everything founder Zhou Shunbo left Huawei to build a trainable home robot (Source: OFweek Robotics) Four rounds in seven months Euler Everything is moving at a speed that breaks the industry’s habits. On 12 October, the company confirmed it had closed a several-hundred-million-yuan angel-plus round with Chengyuanxiang Fund, Xineng Ventures, Xizhou International, Topband and … Read more

Shenhao Technology lands two computing-power deals worth nearly RMB 670 million as inspection-robot maker pivots to AI

A near-RMB 670 million swing in one week Recently Hangzhou power-inspection robot maker Shenhao Technology announced that its wholly owned Beijing subsidiary received a selection notice from a central state-owned enterprise as the second winning bidder on a smart-compute cluster project. The product scope is a 60-month dense-compute lease of GPU servers rated at 1,152 … Read more

Shuangpai Robotics closes A+ round as elderly-mobility robots draw sustained capital

Shuangpai Robotics builds smart walking aids and mobility assistants for elderly users (Source: OFweek Robotics) From a better wheelchair to a smart robot Shuangpai Robotics, an ageing-care mobility-robot company founded in 2022, has announced an A+ round led by Daosheng Capital with Lingdong Venture following. From angel to A to this A+, the hard-tech firm … Read more

Nanjing’s Coolink Robotics closes a tens-of-millions-yuan angel round to build robot joint modules

Coolink Robotics builds integrated joint modules with self-developed thermal management for humanoids and robot dogs (Source: OFweek Robotics) A startup built on a lab thesis Nanjing’s Coolink Robotics has just closed a tens-of-millions-of-yuan angel round, led exclusively by the Nanjing Liuhe economic-development industrial investment fund managed by Bailian Zhigao. The company, founded in 2025, will … Read more

Shenzhen’s Huaqiangbei turns a shopping mall into a live robotics and exoskeleton showcase

Huaqiangbei staged a tech-life festival inside a Futian mall, putting robots and exoskeletons in front of everyday shoppers (Source: Shenzhen News) When the electronics street becomes a showroom On 17 October, Shenzhen News reported that Huaqiangbei, the city’s storied electronics district, used a shopping mall to stage its first “Future Shenzhen Happens” technology and lifestyle … Read more