Robotics

Shutu Technology closes a near-RMB 100M Pre-A, its third raise in a month, to build robot contact intelligence

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Shutu Technology focuses on tactile data representation and contact-strategy training for robots (Source: Leiphone) Funding that compounds Shutu Technology has closed a Pre-A round of nearly RMB 100 million. The round was co-led by CDH Baifu and the Kunpeng Fund, a national-level fund focused on big data, with Guangzhou Industrial Investment and Yihe Capital joining … Read more

Quadruped robot market splits in two as industrial use grabs the margin

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The quadruped robot market is splitting into two very different businesses. Two kinds of demand IDC’s Worldwide Quadruped Robot Market Share, 1H26 shows the global market passed US$400 million in the first half of 2026, up 95.4 per cent year on year, with shipments above 49,000 units, up 92.5 per cent. Education, research and home … Read more

Astribot closes RMB 1 billion round at RMB 15 billion valuation as cable-drive bet meets the market

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Embodied-intelligence startup Astribot has closed a new financing round of about RMB 1 billion, lifting its post-money valuation to RMB 15 billion, the company announced on 13 October. The round The round was led by Shenzhen Capital’s Donghai arm, with state-backed and financial investors including Hongtai Fund, Ninghai Xingtaihe and Shanheng Capital joining, and existing … Read more

Shenzhen companies take two of five seats in first-half global humanoid revenue ranking

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Frost & Sullivan has published its 2026 Global Humanoid Robot Market Research Report, and the first-half league table reads like a Shenzhen scoreboard. All five of the world’s top humanoid-robot vendors by revenue in the first half of 2026 are Chinese. Two of them are based in Shenzhen. The ranking Global humanoid sales reached 35,000 … Read more

Hai Robotics refiles for Hong Kong IPO with over 4.1 billion yuan in backlog

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Reviving the ACR listing After first filing with the Hong Kong exchange in February 2026, warehouse-automation leader Hai Robotics updated its prospectus on 13 September and restarted its IPO, which could make it the first “ACR” listing in Hong Kong. Before the listing the company completed fifteen funding rounds totalling about 4.13 billion yuan, with … Read more

Ruisong Technology to raise 784 million yuan for high-speed six-axis robots

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A placement to scale its own arms Ruisong Technology plans a private placement of up to 784 million yuan, with the net proceeds funding a high-precision, high-speed six-axis robot industrialisation project, an upgraded headquarters and R&D centre, and working capital and debt repayment. The R&D centre will push Nano PLR nanometre-level robot bodies, micro-nano optical-interconnect … Read more

Euler One closes fourth round in six months as a Huawei genius builds home robots

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A Huawei pedigree, a maker-first plan Euler One, a home embodied-intelligence company, announced on 12 October a several-hundred-million-yuan angel-plus round. The investors include Chengyuanxiang Fund, Xinneng Venture, Xizhou International, Topband and Hony Capital, with Value View Capital as sole adviser. It is the company’s fourth financing since its March 2026 founding. Euler One’s first product … Read more