robotics funding

Chery backs agricultural-robot maker Zhongke Yuandongli in B2 round

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Zhongke Yuandongli, a Beijing agricultural-robot company recognised as a national-level ‘little giant’, has completed a hundreds-of-millions-yuan B2 financing round led by Chery Intelligent Technology, a subsidiary of Chery Holdings. The proceeds will fund research and development of new-energy smart agricultural machinery and embodied-AI farming robots, scale up deliveries, and accelerate overseas expansion. Chery’s involvement is … Read more

OakCreek Tech raises angel rounds as humanoid makers bet on the robot OS layer

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OakCreek Tech, a Beijing startup building the software foundation for humanoid robots, has closed consecutive angel and angel-plus rounds. The angel round was led by Lingyi Ventures and Cloud Angel Fund, with Linge Ventures following; the angel-plus was strategically backed by three of China’s leading humanoid-robot body makers, Songyan Dynamics, Booster Robotics and Luming Robotics, … Read more

Shenzhen’s robot-bird startup closes Series A after three rounds in three months

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Yingkan Zhiyi, a Shenzhen company building bionic flapping-wing robots, has closed a tens-of-millions-yuan Series A led by Yuanhe Bohua, with Futeng Capital and Houxue Capital participating. The raise is the company’s third in roughly three months, after seed, angel and Pre-A rounds backed by MiraclePlus, Qigao Capital and Yuanhe Origin, a pace that says term … Read more

A 5 billion yuan bet on China’s humanoid ‘brain’ race

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A price-to-sales multiple near 200 times The other side of the headline matters. Public figures put Qianxun’s 2026 revenue target at about 100m yuan on roughly 200 units. A 20bn yuan valuation against 100m yuan of sales is a price-to-sales ratio close to 200 times. A company just starting to earn revenue is being priced … Read more

Where did H1 2026’s 93.5bn yuan in embodied-AI capital go? Heads took 70%, Beijing and Shenzhen lead

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The first-half 2026 funding numbers for embodied AI are genuinely startling. IT Juzi counts 93.47 billion yuan deployed, up fivefold year on year, across 322 rounds, a 137% increase. Include overseas via GG Robot and the figure is 132.5 billion, up 428%. Same trend: a tide of capital rushing in. Where the money went The … Read more

AgiBot files for Hong Kong IPO as ex-Huawei chief Deng Taihua steers humanoid maker to a capital exit

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AgiBot has confirmed it is launching a Hong Kong listing, and it chose its timing with intent: the filing landed on the same day the Hong Kong exchange’s revised listing rules took effect. For a three-year-old humanoid maker, the move marks the shift from building product to cashing out capital. From zero to one in … Read more

LimX Dynamics closes $200m pre-IPO round, Shenzhen humanoid maker now valued at $2.1bn

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The round drew top-tier global capital from China, Europe, the Middle East, North America and Southeast Asia. New investors include IDG Capital, Lens Technology, G.G.G. Group, Redstone VC, Huashan Capital and Hefei Binhu Industrial Development Group. Returning backers such as Nio Capital and Oasis Capital increased their stakes, with UAE’s Stone Venture following on across … Read more

Shenzhen’s LimX Dynamics Closes $200M Pre-IPO Round, $400M Raised in Six Months at ~$2B Valuation

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General-purpose humanoid robot company LimX Dynamics, headquartered in Shenzhen, has closed a near-200 million dollar Pre-IPO financing round at a post-money valuation of 15 billion yuan (about 2 billion dollars), joining the ranks of China’s super unicorns, the company said recently. It has raised 400 million dollars in total over the past six months, laying … Read more