Humanoid-Robot IPO ‘Tightening’ Rumours: Who Is Swimming Naked, Who Is Generating Cash

SHANGHAI, 18 September 2026. The past week, one of the most debated topics in finance circles has been whether IPO review for humanoid-robot startups is tightening. The Information reported that Chinese securities regulators are tightening approvals for humanoid robot startups seeking listings, prompted by Unitree’s first-day volatility and widespread copycat behaviour in the industry, raising … Read more

Unitree’s Wang Xingxing: Robotics Boom Waits on Two ’80 Per Cent’ Milestones

BEIJING, 19 August 2026. Unitree listed on the STAR Market on 19 August. At the post-listing banquet, founder Wang Xingxing first floated “physical-AI robot self-evolution”, using foundation models to close a loop of paper search, code generation, simulation training, real-machine testing and evaluation feedback, shifting robot development from heavy human reliance toward continuous self-iteration. The … Read more

Galbot’s Humanoid Plays Real Tennis Against Zheng Jie in World-First Autonomous Match

BEIJING, 22 August 2026. At the National Speed Skating Oval, the “Ice Ribbon”, the opening of the second World Humanoid Robot Games, state broadcaster CCTV cut to a real tennis court. A humanoid stood at the baseline as a serve arrived above 50 km/h. Within milliseconds it judged the landing, moved its feet, rotated its … Read more

Shutu Technology Closes Near-RMB 100M Pre-A Round, Its Third Raise in a Month

SHANGHAI, 18 September 2026. Gasgoo’s embodied-intelligence desk reports that Shutu Technology, a Shenzhen startup, has closed a near-RMB 100 million Pre-A round, its third financing in a single month. The round was co-led by Dingshui Baifu and the Kunpeng Fund, a national-level big-data vehicle, with Guangzhou Industrial Investment and Yihe Capital joining and existing shareholder … Read more

China can build a humanoid every ten minutes, but the orders are the real bottleneck

In recent months, from the Pearl River Delta to the Yangtze River Delta, humanoid production lines have gone live one after another, paced in minutes and planned in tens of thousands a year, and even the line’s own handling and assembly are handed to robots. Whether humanoids can be mass-built is turning from a hard … Read more

PaXini files for IPO with Samsung, BYD and JD on the cap table

On 16 September PaXini completed a several-hundred-million-yuan Series B+ round and filed for IPO tutoring with the Beijing regulator. Founded only five years ago, the embodied-perception company has drawn industrial capital from Samsung, BYD and JD, with cumulative financing above 4 billion yuan and a post-money valuation past the 10-billion-yuan unicorn line. Why the industrial … Read more

Middle East sovereign capital leads Zhishen’s Series B as output passes 15,000 robots

On 20 September Zhishen Technology announced a several-hundred-million-yuan Series B strategic round led by UAE-based Stone Venture, with financial institutions including Hongshan Capital, Yueke Finance, Wuzhong Rongyue and Wuzhong Jinkong, plus industrial investors Neusoft, Hamps Tech, Vision Capital and Riying Electronics. The company said the proceeds will go to robot bodies, embodied brains and task … Read more

Ant-backed Lexiang builds an under-13kg humanoid that pre-orders at 8,888 yuan

Guo Renjie, born in 1997, joined Dreame in 2021 and within four years became its China executive president, managing more than 1,500 people and helping build its robot-vacuum rise. In late 2024 he founded Lexiang Technology, and by July 2026 the company had closed a 500 million yuan Pre-A round led solely by Ant Group. … Read more

XTRON Robotics closes an A1 round to put embodied AI into hazardous plants

XTRON Robotics, a builder of embodied-intelligence systems for hazardous industrial settings, said on 1 September it had closed an A1 funding round worth tens of millions of yuan. The round was backed by Qianhai Ark, Xihu Science and Innovation Investment and Guangyang Co. The proceeds will go to refining its XBOT-AEGIS embodied-intelligence system, developing multi-form … Read more

LeJu opens LET2.0, a multi-robot consistency dataset for real humanoids

On 17 September, LeJu Robotics released LET2.0, a multi-machine consistency dataset built on its 10,000-unit humanoid line and scaled training ground. It is the first time real data from the same robot model has been merged and reused across machines, moving real-world data from one robot, one use to many robots, shared use. The first … Read more