Dobot plans to raise 1.2 billion yuan, allocating 550 million to multi-legged robot R&D and industrialisation, 250 million to humanoid-robot technology, 100 million to marketing, and 300 million to working capital. With rival Jaka’s Sci-Tech Board IPO terminated in late 2025, Dobot stands to claim the title of A-share cobot first listing, a capstone on … Read more
Scale like this is the sum of long bets on technology, product, scenario and standards, not just capacity. Hikrobot’s path runs from early product lines (latent, forklift, omnidirectional forklift) to a safety controller with the world’s first SIL3 certificate, an omnidirectional forklift with China’s first full-directive CE mark, and a fourth-generation ‘smart base’ architecture, a … Read more
Zhongke Yuandongli, a Beijing agricultural-robot company recognised as a national-level ‘little giant’, has completed a hundreds-of-millions-yuan B2 financing round led by Chery Intelligent Technology, a subsidiary of Chery Holdings. The proceeds will fund research and development of new-energy smart agricultural machinery and embodied-AI farming robots, scale up deliveries, and accelerate overseas expansion. Chery’s involvement is … Read more
OakCreek Tech, a Beijing startup building the software foundation for humanoid robots, has closed consecutive angel and angel-plus rounds. The angel round was led by Lingyi Ventures and Cloud Angel Fund, with Linge Ventures following; the angel-plus was strategically backed by three of China’s leading humanoid-robot body makers, Songyan Dynamics, Booster Robotics and Luming Robotics, … Read more
Unitree, the Hangzhou humanoid-robot maker, has set its IPO offer price at 150.80 yuan per share, valuing the company at 60.9 billion yuan (roughly 8.5 billion US dollars) and pulling in 1.9 billion yuan more than the shares on offer. Institutions pushed the price about 45 percent above the preliminary estimate, a repricing that lands … Read more
A price-to-sales multiple near 200 times The other side of the headline matters. Public figures put Qianxun’s 2026 revenue target at about 100m yuan on roughly 200 units. A 20bn yuan valuation against 100m yuan of sales is a price-to-sales ratio close to 200 times. A company just starting to earn revenue is being priced … Read more
PaXini says cumulative funding has crossed 3.5 billion yuan, refreshing the global ceiling for tactile-sensing financing, as the company repositions itself from sensor maker to the data infrastructure of the Physical AI era. The round assembles a ‘four-in-one’ capital matrix spanning national financial capital, three regional AI-industry funds, leading market institutions and global industry giants. … Read more
From a 20 billion yuan unicorn to a fresh start The founder is Xu Huazhe, formerly co-founder and chief scientist of StarWeave, the embodied-AI company whose valuation blew past 20 billion yuan with close to 3 billion yuan raised. Xu left at the peak to build something new. His record is rare even in this … Read more
Jieluo Intelligent Equipment (Suzhou) has broken ground on a headquarters project in Suzhou’s Wuzhong district, a 1.2 billion yuan bet on the robots that move wafers around the world’s cleanest factories. The site covers 42.5 mu and about 70,000 square metres, and is designed to build 2,000 trackless-navigation robots (AMRs) and 500 wafer-intelligent-storage systems a … Read more
A Chinese yard-robot company just made the case that lidar, not RTK, is the profitable path for robotic mowers — and that the real competition is no longer the sensor, but the shelf. Naisilao Intelligent Technology, whose brands MOVA and NexLawn sell lidar mowers, paused an RTK prototype back in 2022 because satellite signals drop … Read more