Xu Huazhe left Xinghaitu at its 20 billion yuan peak to found PokeBot, a home robot startup that has raised a Pre-A round above $100 million in five months.
100,000 units, or a fivefold leap Halfway through 2026, the humanoid industry turned in a glossy scorecard. At July’s WAIC press conference, MIIT vice-minister Gan Xiaobin said full-year output could exceed 100,000 units. From about 20,000 in 2025 to 100,000 is a fivefold jump any sector would envy. Fellow vice-minister Ke Jixin called it a … Read more
A short tenure ends Gasgoo Embodied Intelligence learned that Ding Yan, co-CTO of Luming Robot, has formally left. His social profile now reads researcher at Fudan University’s Zuquan Institute, confirming the career turn. From joining in November 2025 to leaving, his time at Luming was under 280 days. Ding Yan, a pioneer of the UMI … Read more
Japan is the first stop Gasgoo Embodied Intelligence learned that Vbot (Wei Ta Dong Li) has formally begun its global layout, with Japan as the first overseas market. Vbot signed a strategic cooperation deal with Japanese robot solutions provider Future Robotics to expand the Japan market over three years, with an initial order of 1 … Read more
The IPO that finally surfaced AgiBot (Zhiyuan Innovation), the humanoid star that repeatedly denied Hong Kong IPO rumours, finally confirmed in late July that it had started the listing process. Good news followed: its self-developed WITA-Omni Preview model topped Qwen, Gemini, Doubao and Nvidia with an 85.21 score, and it launched the world’s first robot … Read more
The 60.13 percent question On 6 August, Unitree set its issue price at 150.80 yuan per share, dropping book-building. The prospectus shows 40.45 million new shares, 10 percent of the post-issue total, raising about 4.20 billion yuan at a 42 billion yuan valuation. Post-issue, Unitree (688836.SH) is worth about 61 billion yuan at a stunning … Read more
A state giant tests the exit window Shanghai United Assets and Equity Exchange recently disclosed a listing: CNPC Kunlun Capital is offering 0.6349 percent of Shandong Future Robot, or 234,372 shares, at a floor price of 20 million yuan. As a pure state-industrial investor, Kunlun’s ties to the company run deep. In May 2025, CNPC … Read more
Unitree prices its IPO above expectations On 6 August, Unitree Technology fixed its IPO issue price at 150.80 yuan per share. On a post-issue share count, that implies a market value of about 60.99 billion yuan, comfortably above the 42 billion yuan valuation the market had broadly expected. As founder, Wang Xingxing held 23.82 percent … Read more
Six rounds in half a year Delta Intelligence, a Chinese humanoid foundation-model company founded in January 2026, has closed an angel++ round worth close to 500m yuan, the sixth financing the company has raised in the six months since incorporation. Investors in this round include listed-company strategic backers and tier-one financial institutions. Proceeds will fund … Read more
At most five companies in China are genuinely making money on ego data this year. The person making that call is Yuan Rizheng, an entrepreneur in embodied data. His name may be unfamiliar, but people in the field know the company: EgoScale. The obvious assumption is that the name rides on a trend, given that … Read more