Guangdong mobile-base pioneer Jiateng Robots raises tens of millions, bets on industrial embodied intelligence

Jiateng Robots, a veteran Chinese mobile-robot company, said it has closed a strategic funding round worth tens of millions of yuan, 12 years after its last major raise. The round was led by H&T Intelligent Control, with Daohe Fund and Jinmu Capital following. An industrial round, not a financial one The investor line-up is built … Read more

Shenzhen humanoid robot sorts 1,200 parcels an hour at a mail centre, and a video of it went global

A short video posted by a Chinese foreign ministry spokesperson on overseas social platforms turned a homegrown humanoid sorting robot into an unexpected hit. On 12 August, a Shenzhen Evening News reporter visited the Shenzhen land-mail processing centre to see what the machine can actually do. A humanoid that handles a messy sorting line On … Read more

Pony.ai and Uber to deploy over 2,000 Robotaxis across five European cities

Pony.ai and Uber said on 19 August they will deepen their strategic partnership and deploy more than 2,000 Pony.ai Robotaxis across five European cities, one of the largest Robotaxi deployment plans in the region. Pony.ai’s total overseas deployment target now exceeds 4,000 vehicles. The expansion builds on Pony.ai and Uber’s existing commercial operation in Zagreb, … Read more

Qianhe Yibang closes a 2 billion yuan B round for 3D compute-in-memory chips

Qianhe Yibang, a leader in 3D compute-in-memory chips, recently closed a B round above 2 billion yuan. As China accelerates high-quality integrated-circuit development and Indigenous breakthroughs in core technologies, innovative firms with self-developed ability and new chip architectures are becoming central to industrial upgrading. Globally, the digital economy has entered a compute-centric phase, and memory … Read more

Lenovo’s net profit jumps 176 per cent on 63.4 billion yuan of AI revenue as Yang shrugs off the bubble talk

In May, Lenovo chairman and CEO Yang Yuanqing set a goal of reaching US$100 billion in annual revenue within two years, from US$83.1 billion then, implying about 9.7 per cent compound growth. On 13 August, Lenovo reported its first fiscal-quarter 2026/27 results for the period ended 30 June 2026: revenue of 183.4 billion yuan, up … Read more

Xiaomi burns 5.7 billion yuan on EVs and AI in the first half as the Pengcheng range looms

On 18 August, Xiaomi president Lu Weibing and vice president and CFO Lin Shiwei took questions on the group’s second-quarter 2026 results. On the smart-EV business they addressed five points: the Pengcheng model’s buyers barely overlap with existing models; the Pengcheng N90 Max and N70 Max are not yet priced, so margin impact is unclear; … Read more

Unitree debuts on the STAR Market at a 400 billion yuan valuation as shares open 629 per cent up

On 19 August, Unitree Technology (688836.SH) listed on the Shanghai Stock Exchange’s STAR Market, becoming the first pure-play humanoid-robot stock on the A-share market. Priced at 150.80 yuan per share, it opened at 1,100 yuan, pushing its market capitalisation above 400 billion yuan. At that open, a single winning IPO lot could be worth up … Read more

CNPC’s Kunlun Capital lists a slice of deep-sea robot maker Shandong Future at a 3.15 billion yuan valuation

The Shanghai United Assets and Equity Exchange recently disclosed a listing: CNPC Kunlun Capital is transferring 0.6349 per cent of Shandong Future Robot, equal to 234,372 shares, at a reserve price of 20 million yuan. The pure state-industry investor has deep ties to the company. In May 2025 the two signed an investment deal spanning … Read more

Chery backs agri-robot maker Zhongke Yuandongli in a several-hundred-million-yuan B2 round

Beijing Zhongke Yuandongli Technology recently closed a several-hundred-million-yuan B2 round led by Chery Smart Technology, an arm of Chery Holdings. The proceeds will fund R&D on new-energy smart agricultural machinery and embodied-AI agricultural robots, scaled delivery and faster overseas expansion. Tianyancha records show the company has completed eight funding rounds, backed by a mix of … Read more

Acorn Robot closes angel round and unveils a tactile ‘instinct model’ that skips pretraining

Gasgoo Embodied Intelligence has learned that Acorn Robot, an embodied-manipulation company, recently closed an angel round led by China Merchants Venture Capital and NIO Capital, with the Tsinghua alumni seed fund following on. Only four months after a nearly 100 million yuan seed round in March, the two rounds together have raised several hundred million … Read more