The Belt

Former Huawei autonomy executives bank over RMB 500 million for humanoid-robot startup Kinetix AI

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Kinetix AI, a full-stack embodied-intelligence company, has closed an angel-plus round of more than RMB 500 million, with Vertex Capital, the venture arm under Singapore’s Temasek, alongside Fangguang Capital and Wanshi Capital adding to the round. The proceeds will accelerate the firm’s data-model-embodiment loop and push its embodied products toward commercial deployment. The company was … Read more

This physical-AI startup wants to put a brain into America’s 280,000 legacy factories

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On 9 September, the US physical-AI startup Harmoni closed a 10 million dollar Series A led by Bessemer Venture Partners, with valuation undisclosed, and on the same day unveiled HAL. HAL is an AI that lives on the shop floor: a worker can ask why a machine is running slower than usual, file a repair … Read more

Zhejiang breaks ground on a 5,000-unit-a-year smart logistics robot factory

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Zhejiang Qingtian Lituo Robot Co has broken ground on a project that will build a digital factory for smart logistics robots at a planned capacity of 5,000 units a year. The site covers 40 mu and will produce AGV handling robots, smart warehouse systems and the software that runs them, aimed at the intelligent-upgrade needs … Read more

Wanxun unveils NOVA 2.0, a flexible embodied brain proven across 10 million real-world operations

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Wanxun, a global front-runner in flexible embodied intelligence, has released NOVA 2.0, the Neuromorphic Omniversal Versatile Architecture, which it calls the industry’s first open-world, all-weather, commercial-delivery-grade embodied intelligence architecture. It is forged from more than 10 million multi-dimensional extreme-condition operations across 40-plus real industry scenarios. Somatic intelligence against extreme conditions Embodied intelligence is moving out … Read more

Siasun spins off cleaning-robot unit Dianshi with a capital hike above RMB 50 million

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Siasun Robotics announced that its wholly owned subsidiary Shenyang Dianshi Technology will increase capital through public listing on the Beijing Property Exchange, bringing in at least three investors for a combined amount of no less than RMB 50 million, at a price no lower than the asset-appraisal result filed with state assets authorities. After the … Read more

Desay SV breaks the cockpit-domain fusion bottleneck with its dual-excellence single-chip architecture

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Leaner architecture and faster response are the direction of travel for smart cars, and cockpit-domain convergence is one of its sharpest nodes. Zuoshi Auto Research forecasts China’s cockpit-domain fusion market will grow at a 36 per cent compound rate from 2026 to 2030, with 3.6 times the headroom still to come by the end of … Read more

Jaten Robotics takes its first raise in twelve years, betting on the embodied-intelligence chassis

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Jaten Robotics, a veteran Chinese mobile-robot firm, announced a several-tens-of-million-yuan strategic round after a twelve-year gap, led by H&T Intelligent Control with Daohe Fund and Jinmu Capital following. Dongfang Precision has held a core stake since 2014 and remains the second-largest shareholder at about 19.84 per cent. The investor line carries clear industrial synergy. Lead … Read more

Chery leads a several-hundred-million-yuan B2 round into Zhongke Yuan Dynamics agri-robots

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Zhongke Yuan Dynamics has closed a several-hundred-million-yuan B2 round led by Chery Intelligent Technology, a unit of Chery Holdings. The proceeds will fund core R&D in new-energy smart agricultural machinery and embodied-AI farm robots, scaled delivery and faster overseas expansion. The firm has completed eight rounds, backed by a mix of state and top-tier private … Read more

CNPC trims a sliver of Shandong Future Robot stake, implying a RMB 3.15 billion deep-sea valuation

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The Shanghai United Assets and Equity Exchange disclosed a listing: CNPC Kunlun Capital will transfer 0.6349 per cent of Shandong Future Robot, some 234,372 shares, at a floor price of RMB 20 million. As a pure state-industrial investor, CNPC Kunlun Capital’s ties to Shandong Future Robot run deep. In May 2025 the two signed an … Read more

Delin Capital turns its own building into a ten-week AI startup factory with cash and equity prizes

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Delin Capital’s 2026 AI Startup Competition, the Delin Cup, leads with the rewards on the table. The champion takes RMB 2 million in cash, unconditional and equity-free, far above the RMB 300,000 to RMB 600,000 typical of domestic AI contests. Delin Cup 2026 AI Startup Competition promotion. (Source: Leiphone) Up to 15 teams across tracks … Read more