Sectors

Force Infinity closes nearly 1 billion yuan in Series A and A+ funding, ex-Alibaba VP bets on causal world models

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On 14 August 2026, embodied-intelligence company Force Infinity announced it had closed Series A and A+ rounds totalling close to 1 billion yuan. The round was led by Dunhong Asset and a top state-owned investment platform, with Zhejiang University Sci-Tech Innovation Group, Yandu State-owned Capital and the Lishui municipal state-owned company following on, while existing … Read more

Standard Robots refiles Hong Kong IPO

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Standard Robots, founded by Harbin Institute of Technology alumni, filed its prospectus to the Hong Kong exchange for a third time on 27 July, chasing a main-board listing through the 18C channel for pre-profit specialist-tech firms. Two earlier filings, in June 2025 and January 2026, lapsed when review windows closed. The refiling came days after … Read more

Chery backs Zhongke Yuandongli farm robots

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Zhongke Yuandongli, a Beijing agricultural-robotics firm incubated by the Chinese Academy of Sciences’ Institute of Microelectronics, has closed a B2 round of several hundred million yuan led by Chery Holdings’ Chery Intelligent Technology. The money funds core research, scaled delivery of new-energy smart farm machines and embodied-intelligence agricultural robots, and faster overseas expansion. Chery brings … Read more

Galaxy General reshuffles board pre-IPO

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As Unitree completed its STAR Market subscription in August 2026 at a post-issue value of 60.99 billion yuan, the race for the next humanoid listing intensified. Galaxy General, a Beijing embodied-large-model humanoid firm, carried out a sweeping management overhaul, ten out and nine in, with former chairman Guo Xiaoliang and nine others leaving and nine … Read more

DeepSea Robots raises 500M yuan for subsea bots

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DeepSea Robots, a Guangzhou private firm, has closed a Series A of over 500 million yuan. New backers include Guanghe Venture, Dachen Caizhi, GGV, Yida Capital, Zhongbao Investment and CETC Investment, plus a Total Energy-backed fund managed by Cathay, while old shareholders such as Zhengxuan, Yunze and Gaojie raised their stakes sharply. A single A … Read more

Digital Huaxia funds bionic humanoid rollout

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Digital Huaxia has closed a hundreds-of-millions-yuan Pre-A strategic round with several deep-pocketed industrial investors joining and existing shareholder Cowin Capital adding to its stake. The capital arrives with concrete commercial orders and deployment scenes, binding money to business rather than to a promise. The round funds mass production of the bionic-intelligence product line and the … Read more

Canchen builds AI virtual-organ digital twins

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Canchen Technology has completed a seed, angel and angel-plus series of rounds totalling tens of millions of yuan, with backers including Oriental Fortune, Songhe Capital and several university and government-linked funds. The firm builds system-level virtual-organ spatio-temporal dynamic evolution models, a full-scale simulation platform from molecule and cell through tissue to organ, using AI digital … Read more

China Telecom backs MiFeng physical-AI data

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MiFeng Technology, which runs a one-stop physical-AI data service platform, has closed a new round of several hundred million yuan. The round was led by China Telecom, with Zhangjiang Group following and Sequoia China and Yuanqi Innovation topping up their earlier stakes. The money will scale production of the MEgo series of bodiless capture products, … Read more

Qianhe Yibang raises 2 billion yuan for 3D memory chips

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Qianhe Yibang, a pioneer in 3D compute-in-memory chips, has closed a Series B of over 2 billion yuan. The round gathered a heavyweight mix of state capital and financial investors, including the national structural-adjustment fund, China Mobile’s chain-leader fund, Sequoia-sister vehicles, Hillhouse-linked and other first-tier institutions. NetEase Youdao and China Mobile’s chain-leader fund, long-term shareholders … Read more