China bans the ‘little blue light’ on L2 driver-assist cars

China’s Ministry of Industry and Information Technology (MIIT) ruled on 20 October that any vehicle without a Level 3 or higher autonomous driving system is forbidden from fitting ADS marker lights. The familiar blue “little blue light” that L2 assisted-driving cars have been flashing to signal their status is now officially banned. Illustration of an … Read more

Oak Fruit Robotics closes an angel round led by China Merchants Venture and NIO Capital

Oak Fruit Robotics builds a touch-first manipulation model for flexible production (Source: Zhidx) An angel round for a non-consensus route Oak Fruit Robotics has announced an angel round led by China Merchants Venture and NIO Capital, with a Tsinghua alumni seed fund following. Four months after a near-RMB 100 million seed in March, the company … Read more

AgiBot raises RMB 1-1.5 billion at a RMB 50 billion valuation, pushing its Hong Kong IPO to 2027

A financing that reschedules the listing AgiBot’s latest round is reported at RMB 1-1.5 billion, nearing completion, at a post-money valuation of about RMB 50 billion. Then the next line: it will not list this year. On 13 October, Caijing reported exclusively that AgiBot had launched a new financing at a roughly RMB 50 billion … Read more

Unitree’s share price climbs back above RMB 500 as humanoid-robot stocks surge

China’s humanoid-robot sector rallied as national standards and output data landed (Source: OFweek Robotics) A sector-wide surge On 19 and 20 October 2026, the A-share humanoid-robot sector rose sharply again. As the sector’s clear leader, Unitree (688836.SH) jumped 16.15 per cent on the 19th and touched an intraday RMB 508.99, then extended gains on the … Read more

Pongbot closes a several-hundred-million-yuan Series B to scale its sports AI coach

Pongbot’s serving robot has thrown more than two billion balls and built a sports data moat (Source: OFweek Robotics) A Series B for the sports large model AI sports-hardware company Pongbot has announced a several-hundred-million-yuan Series B. The round was led by the Shanghai Guotou Xiandao fund, with Yuanhe Puhua and Pudong Venture following and … Read more

Euler Everything closes a several-hundred-million-yuan angel-plus round, its fourth raise in seven months

Euler Everything founder Zhou Shunbo left Huawei to build a trainable home robot (Source: OFweek Robotics) Four rounds in seven months Euler Everything is moving at a speed that breaks the industry’s habits. On 12 October, the company confirmed it had closed a several-hundred-million-yuan angel-plus round with Chengyuanxiang Fund, Xineng Ventures, Xizhou International, Topband and … Read more

MIIT: China has over 400 humanoid-robot models, output set to top 100,000 units this year

China’s humanoid-robot pipeline is moving from prototype to volume faster than the headline numbers suggest. At a State Council Information Office briefing on 19 October, Wei Wei, director of the science and technology department at the Ministry of Industry and Information Technology (MIIT), said the country had more than 400 whole-machine humanoid-robot products in the … Read more

Galbot’s humanoid plays real tennis, marking its AstraTennis moment

On 22 August, inside Beijing’s National Speed Skating Hall, the Ice Ribbon, the opening of the second World Humanoid Robot Games cut to a real tennis court. A humanoid stood at the baseline, and against serves topping 50 km/h it judged the landing, moved, turned and swung, the ball clipping the net tape and dropping … Read more

Tsinghua AIR spin-out Benshu AI raises round led by 5Yuan Capital for action-native embodied model

A founder from the first cohort of Tsinghua University’s Institute for AI Industry Research has launched his own embodied-AI company, and a top Chinese venture firm is leading the round. Benshu AI’s action-native embodied model concept. (Source: Leiphone) Li Jianxiong, the first doctoral graduate of Tsinghua AIR, founded Benshu AI, with 5Yuan Capital, formerly Matrix … Read more