Ruishong Technology profit jumps 3,349 per cent as it moves from integrator to robot maker

A Chinese robotics system integrator has posted its strongest half since listing, with profit rising more than thirty-fold as automotive and electronics lines convert. Profit up more than thirty times Ruishong Technology reported first-half 2026 revenue of 625 million yuan, up 71.67 per cent, and net profit attributable to shareholders of 41.84 million yuan, up … Read more

China’s embodied-intelligence funding cools at the top as capital shifts upstream

China’s embodied-intelligence funding cooled at the top in September, but the money did not leave. It changed where it lands. The big tickets hit the brakes Gasgoo counted 51 disclosed funding rounds above 1 billion yuan in the first nine months across embodied robots and core parts, with peaks of ten each in April and … Read more

Megmeet pays 664 million yuan to take full control of welding arm Shenzhen Welding

A leading Chinese power-electronics group is taking full control of its welding-equipment arm in a 664 million yuan cash deal, a bet that intelligent welding sits at the centre of high-end manufacturing. Full ownership for 664 million yuan Megmeet announced it will pay 664 million yuan in cash to acquire the remaining 46.30 per cent … Read more

Jiateng Robot raises first strategic round in 12 years with HET and Orient Precision

An industrial mobile-robot veteran in southern China has raised a strategic round after a twelve-year gap, and the investor line-up shows how tightly the country’s robot supply chain is knitting together. A twelve-year gap, a strategic round Guangdong Jiateng Robot Automation has closed a tens-of-millions-yuan strategic financing led by HET, a listed smart-control leader, with … Read more

Sudo Technology closes a round above RMB 1 billion, betting robots learn by simulation not by being babysat

Sudo Technology is betting on simulation-first training for embodied AI (Source: OFweek Robotics) On 30 September, Shanghai state-backed investment funds said Sudo Technology, a Shanghai embodied-AI company, had closed a new financing round above RMB 1 billion. The round was led by the Shanghai State-owned Investment Pioneer Fund, Guotai Haitong and Futeng Capital, with industrial … Read more

Pudu cements its lead as China’s top commercial-robotics exporter, with over 80 per cent of revenue from overseas

Walk into Pudu Robotics’ headquarters showroom in Nanshan, Shenzhen, and the lineup tells the story. Commercial cleaning robots, AI-native tray-carry movers, the class-humanoid PUDU D7, and the full-size biped D9 stand side by side. Different shapes, one shared embodied-intelligence brain, and a complete map of the business-grade robotics market. Illustrative image generated for this report: … Read more

Meituan backs Faolf Robotics again as the collaborative-robot maker closes nearly RMB 1 billion in fresh funding

On 16 October, Faolf Robotics announced the consecutive completion of its Series C+ and Series D rounds, raising a combined total of nearly RMB 1 billion (about USD 140 million). The two rounds drew backing from several investors. Meituan Longzhu and Meituan led, with Yongxin Capital, Shishan Phase II and Suzhou Venture participating. Existing shareholders … Read more

Faraday Future unveils FF Nova and Nova Mini humanoids, plus a $200 million all-stock merger

On 16 October, California-headquartered Faraday Future (Nasdaq: FFAI) and FF EAI Robotics Ecosystem (Nasdaq: FFR) jointly announced the FF Nova and FF Nova Mini humanoid robots together with FF Robot World 2.0. FF Nova is positioned as an entry-level embodied-intelligence humanoid priced at USD 2,490 for the body and USD 390 for a developer skill … Read more

Shenzhen’s AI Squared Robotics joins Hong Kong’s first embodied-intelligence training ground

Shenzhen-based AI Squared Robotics has placed its AlphaBot 2 general-purpose robot inside Hong Kong’s first international embodied-intelligence application training ground, opened on 15 October by the city’s Productivity Council through its FLAIR research centre. The company was among seven inaugural partners, alongside Unitree and AgiBot. Source: Shenzhen News. The facility is built around real overseas … Read more