Four humanoid robot companies raised over 100 million yuan in a single round of financing

Four companies received financing in a single round exceeding 100 million yuan.

In 2023, with the help of the + policy, the once tepid humanoid industry is now ushering in a new wave of vigorous development. Rapid technological advancement, new products are emerging in an endless stream, and capital investment attitudes are gradually improving, pushing this industry to an unprecedented height. Domestic and foreign companies have included the research and development of humanoid robots in their development plans. It is predicted that by 2035, the global humanoid robot market size is expected to exceed one trillion yuan.

This year, domestic humanoid robot companies have received more than 2 billion yuan in financing, of which 4 companies have received more than 100 million yuan in a single round of financing , and the humanoid robot startup Zhiyuan Robot has received five rounds of financing in just half a year, becoming a new force in the industry. In terms of financing rounds, most financing events are concentrated in the angel round and the A round, and the industry is still in its infancy.

Dahua Robotics - 1 billion yuan in Series C financing

In June, service robot developer Dahua Robotics Co., Ltd. received over RMB 1 billion in Series C financing, with participation from Knowledge City Group, Shanghai Guosheng Investment Group, and Shuimu Chunjin. Previously, Dahua Robotics had completed five rounds of financing. It is reported that Dahua plans to go public in Hong Kong, raising up to US$500 million, and its IPO team may include CICC, Haitong International, etc.

Zhiyuan Robotics-A3 round of financing exceeds 600 million yuan

In December, Zhiyuan Robotics, a domestic humanoid robot developer, completed its A3 round of financing, with investors including BlueRun Ventures, CDH Investments and 13 other investment institutions, with a financing amount of over 600 million yuan. Just in August, Zhiyuan Robotics completed its A+ round of financing with BYD as a shareholder. In less than half a year, Zhiyuan Robotics received another round of financing of over 600 million yuan, and raised 5 rounds in 9 months. The company is currently in the next round of financing, and the pre-investment valuation is expected to reach 7 billion yuan. Zhiyuan Robotics is a robot company founded by former Huawei "genius boy" Zhihuijun after he left Huawei, focusing on the development of general humanoid robots and embodiments. The humanoid robot Yuanzheng A1 released by the company in August this year has reduced the cost to less than 200,000 yuan, and will quickly enter commercialization next year.

Zhuji Power - Nearly 200 million yuan in Angel Round and Pre-A Round Financing

LimX Dynamics, a general-purpose legged robot company, has completed its angel and pre-A rounds of financing, with a total amount of nearly 200 million yuan. The angel round was jointly invested by several top venture capital institutions, including Frees Capital, Wisdom Capital, Vision Capital, and Kinzon Capital. The lead investor in the pre-A round was Oasis Capital, and Lenovo Capital also participated in this round of investment. The funds raised in this round will be mainly used to tackle key technologies in the landing of four-wheeled legs, humanoid robots, and embodied intelligence.

Galaxy General-100 million yuan angel + round financing

In November, Beijing Galaxy Universal Robots Co., Ltd. completed an angel+ round of financing worth hundreds of millions of yuan, introducing strategic investors and multiple investment institutions, led by Meituan, followed by Peking University Yanyuan Venture Capital, Tsinghua SEE Fund, and IDG Capital. The funds raised in this round will continue to be used to promote the commercialization of the company's multi-modal universal robots.

In 2023, not only Chinese humanoid robot companies frequently received financing, but also many foreign related companies have added many financing events this year, among which Figure has attracted the most attention. According to media reports, AI humanoid robot startup Figure announced on May 25 that it had completed a US$70 million Series A financing . Previously, Figure said it was launching "the world's first commercially viable general humanoid robot" named "Figure01."

In March of this year, OpenAI led a $23.5 million Series A2 round in humanoid robot company 1X . Founded in 2014, 1X has been in this field for nearly 10 years. Its mission is to create robots with practical, real-world applications to enhance the global human workforce.

Although the humanoid robot field has made significant progress in technological innovation and financing, overall, this track is still in its early stages and has not yet been industrialized. Humanoid robot companies still need to face challenges such as insufficient market awareness and the lack of technical standardization. At present, both observers and investors expect that the humanoid robot industry will gradually mature through a series of technological breakthroughs, business model innovations and international cooperation. In the future, humanoid robots may play a more important role in service robots, manufacturing and other fields, creating more value for the global society.

Reviewing Editor: Huang Fei