Humanoid Robots

Xieyue Intelligence, founded by Li Auto’s former AI chief, closes several-hundred-million-yuan round for home robots

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Xieyue Intelligence has closed a several-hundred-million-yuan angel-plus round, with Linear Capital, Junshan Capital, Hongyi Capital and Hidden Hill among the investors. It is the second raise in seven months, after an angel round led by Li Auto and Yuanjing Capital. The money will push forward embodied foundation-model training, computing and data infrastructure, core-team expansion, and … Read more

Unitree shares slip below 500 yuan, erasing more than RMB 240 billion in value

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On 10 September, Unitree Technology’s shares fell below the 500 yuan level for the first time, touching 498.7 yuan intraday, a sharp comedown from its blockbuster debut. Unitree’s shares slipped below 500 yuan, erasing more than RMB 240 billion in market value. (Source: Gasgoo) By the late morning the stock stood at 500.49 yuan with … Read more

Ex-Huawei autonomous-driving team closes RMB 500 million-plus round for embodied AI

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Kinetix AI, also known as Chaowei Dynamics, has closed a series of angel-plus rounds above RMB 500 million, led by Vertex Ventures under Temasek, with Fangguang Capital and Wanshi Capital adding funds, to speed its data-model-entity iteration and productise embodied intelligence. Kinetix AI closed a RMB 500 million-plus angel round for its embodied-intelligence stack. (Source: … Read more

A Harbin Engineering spinout just raised over RMB 500 million for deep-sea robots, and broke China’s export zero

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When notable investor Zhu Xiaohu stepped back from humanoid bets and turned to Harbin Engineering-linked Shihang, the deep-sea robot track drew fresh attention. A different Harbin Engineering spinout, DeepSea Intelligence, is taking the industrial deep-sea route, and it is moving to commercial scale faster. A RMB 500 million vote On 13 August, DeepSea Intelligence announced … Read more

Mech-Mind lists in Hong Kong with a nine-name cornerstone book, betting the robot brain beats the robot body

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On 1 September, Mech-Mind rang the bell on the Hong Kong exchange. The headline is a cornerstone book that reads like a roll call of smart money, led by Baillie Gifford, the Scottish house that backed Tesla and Nvidia, alongside Taikang, Jane Street, BYD’s Golden Link, Invus, Ghisallo, Ruihua, NGS Super and E Fund, who … Read more

China builds 97 per cent of the world’s humanoids, but the hard question is who keeps them working

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At the Aggregated Intelligence Industry Conference on 9 September, Jin Bing, former deputy director of the State Post Bureau’s policy office, cited a striking figure: China’s humanoid exports and manufacturing account for 97 per cent of the global total. A Chinese humanoid robot production line at scale. (Source: Gasgoo) Just years ago the industry proved … Read more

PaXini takes its tactile robots from can feel to can act at WRC 2026

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If past years of embodied intelligence were a contest of single-point skills, the clear signal from this year’s World Robot Conference is that competition is moving from one breakthrough to the completeness of a system. Sensors, dexterous hands and data still matter, but a robot that enters a factory, warehouse or home meets shifting position, … Read more

XPeng switches on the world’s first high-end general-purpose humanoid production line

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A 9 September Gasgoo Embodied Intelligence roundup of automotive and supply-chain moves led with a milestone for Chinese humanoids: on 8 September, the XPeng group announced the world’s first high-end general-purpose humanoid automated production line, and the world’s first high-end general-purpose humanoid completed automated final assembly and walked off the line on its own. That … Read more

Baotong leans on Unitree to build industrial robots, yet its R&D spend fell after going all-in on AI

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On 29 August, Baotong Technology, a firm built on games and industrial internet, released its half-year report. With both businesses recovering, revenue and profit rose together, but the longer arc is uneven: gaming is volatile, and Baotong’s two main lines have little in common. Baotong Mine-Rhino (Kuangxi) quadruped inspection robot built on a Unitree base. … Read more