The Belt 
Gongzhi Ocean, a deep-sea embodied-intelligence robotics company spun out of Harbin Engineering University, has closed three funding rounds in a single year and secured nearly 100 million yuan in intended orders, despite a team of fewer than 20 people. Founder Guo Chunyu, a professor and director of the ministry-led underwater-propulsion laboratory, says the group has … Read more
INMO, the global smart-glasses brand, has closed its C3 round, led by the Sichuan Zhenxing Sci-Tech Innovation Fund with Jing’an Capital, Shibei Hi-Tech, Guangzhou Industrial Investment and several Sichuan government funds following. Combined with its earlier C1 and C2 rounds, the C series totals nearly 1 billion yuan, and the company says it has formally … Read more
Wuwen Zhike, a physical-AI data-infrastructure start-up, has closed a Series A round of several hundred million yuan, led by Hongtai Fund with Hongshan Capital, Zhongdian Shurong and Lion City Capital joining and several early backers topping up. The company says it will pour the proceeds into research and scale-up of its world-model-driven Physical AI stack. … Read more
In the first half of 2026, China’s artificial-intelligence start-ups raised more than 300 billion yuan, a sum that already exceeds the sector’s full-year 2025 total in just six months, according to IT Juzi. The figure spans embodied intelligence, chips and every ticket above and below the 100 million yuan line, and marks a clear acceleration … Read more
Shenzhen exoskeleton maker Milesun Robotics has closed a new strategic round of nearly RMB 100 million, led by CSC Financial, the state-backed securities arm. The raise accelerates product iteration and the rollout of frontier work such as brain-computer interfaces, while extending the company’s reach from hospital and community into the last mile of home-based care. … Read more
🇲🇾 Malaysia, 2026-08: Chinese brands took 7.5% of the market (7.5% excl MG). Perodua and Proton still own 59%, but the China bench is stacking up fast.
Wanson Technology, a flexible embodied-intelligence specialist, has released NOVA2.0, the second generation of its flexible embodied brain and what it calls the industry’s first open-world, all-weather, commercial-delivery-grade embodied-AI architecture. Wanson launched NOVA2.0, its open-world commercial-grade embodied AI brain. (Source: LeiPhone) The architecture grew out of more than 10 million multi-dimensional extreme-condition operations across 40-plus real … Read more
On 10 September, Unitree Technology’s shares fell below the 500 yuan level for the first time, touching 498.7 yuan intraday, a sharp comedown from its blockbuster debut. Unitree’s shares slipped below 500 yuan, erasing more than RMB 240 billion in market value. (Source: Gasgoo) By the late morning the stock stood at 500.49 yuan with … Read more
Kinetix AI, also known as Chaowei Dynamics, has closed a series of angel-plus rounds above RMB 500 million, led by Vertex Ventures under Temasek, with Fangguang Capital and Wanshi Capital adding funds, to speed its data-model-entity iteration and productise embodied intelligence. Kinetix AI closed a RMB 500 million-plus angel round for its embodied-intelligence stack. (Source: … Read more
JD.com has launched its Physical AI Acceleration Plan alongside a Super AI Supply Chain, aiming to build what it calls the world’s largest physical-world operations centre and link data, models, hardware and industry scenarios end to end. JD.com plans 80 robot industry bases and a 10 million-hour embodied-data centre. (Source: Gasgoo) On data, JD Cloud … Read more