Westlake Robotics banks 500 million yuan across four rounds in six months

Westlake Robotics has closed a nearly 100 million yuan Series A round led by Haiyuan Capital, its fourth raise in six months, taking total funding to 500 million yuan. The money backs development of a unified whole-body large model for humanoids and a talent base for embodied intelligence, pushing toward what the company calls an … Read more

IO-AI Tech closes several-hundred-million-yuan round backed by Shunwei and Shenzhen Capital

IO-AI Tech, a robotics and embodied-intelligence data-infrastructure company, has closed a several-hundred-million-yuan funding round. The round was backed by Shunwei Capital, SongHe Capital and Shenzhen Capital Group, with a strategic investment from a leading robot original-equipment manufacturer. The company said the proceeds will go mainly into core product development, building a more diversified team and … Read more