Elephant Robotics has completed its Pre-B round of financing and is committed to building a new robot ecosystem!

Recently, Shenzhen Daxiang Co., Ltd. (hereinafter referred to as "Dangxiang Robot") recently completed its Pre-B round of financing , led by Qinghui Investment and followed by Yunzhuo Capital. The funds will be used to upgrade the humanoid robot production line and continue R&D iteration. Yibai Capital serves as the long-term exclusive financial advisor.

"Elephant Robotics" started with its self-developed lightweight humanoid arm, and has created a series of general upper limb solutions and humanoid robots from scientific research and education to professional and commercial levels.

In the past, the application of robots was mainly concentrated in the field, with traditional collaborative robot arms as the mainstream form. Their operating capabilities and efficiency were extremely limited. In addition, they had high fixed investments and long deployment cycles, making them unsuitable for production on flexible production lines. Even in the industrial field, their applications were limited.

However, as the industry develops, people expect robots to penetrate into more industries and play a greater role, which puts higher demands on the robot's hand-eye coordination and its integration with AI .

Paying attention to this phenomenon, "Elephant Robot" entered the market with lightweight robotic arms, self-developed core components such as reducers , filling the market gap in lightweight 1-3KG load products and supporting supply chains , and greatly improving the ease of use, flexibility and cost-effectiveness of robotic arms.

At the same time, "Elephant Robot" has developed a dual-arm robot solution with built-in dual-arm coordination, synchronization, and flipping . Not only can the overall speed be increased by 2-3 times compared to the solution of combining two single arms, but only one control platform is required to complete voice and visual capture, achieving the ultimate in ease of use and cost-effectiveness.

In the context of the explosion of large models, humanoid robots, as one of the most cutting-edge explorations in the field of AI and robotics, have received close attention from technology giants, capital and other parties. "Elephant Robotics" has also made layouts in the field of humanoid robots .

"Elephant Robot" Mercury series humanoid robots have three major product forms, deeply integrated with many cutting-edge technologies, and have achieved scenario-based implementation and mass delivery.

"Elephant Robotics" has now released three humanoid robot models, namely the Mercury A1 seven-axis collaborative robot arm, the Mercury B1 semi-humanoid dual-arm robot, and the Mercury X1 universal wheeled humanoid robot.

Among them, Mercury B1, as the earliest robot adapted for ChatGPT f Robocs , has a built-in high-definition microphone array that can perform real-time voice collection, bringing a new experience of AI voice interaction to the robot.

In addition to the voice intelligent interaction combined with ChatGPT, the entire product line of "Elephant Robot" is compatible with AI. There are not only professional AI kits for customers to choose from, including the hand-eye collaborative image recognition AI algorithm package (including open source robot arm trajectory planning, open3D, SLAM, Yolo V8 and other algorithm packages) , remote operation data acquisition equipment that can be used for imitation learning, etc., and support for Isa development ecology, etc.

Mercury X1 adopts a structural design of a two-arm semi-humanoid robot combined with a wheeled mobile chassis. It is one of the few humanoid robot products in the industry that has achieved mass delivery.

"One of our core advantages is that we can capture the detailed needs of the robotics industry and develop them quickly. Starting from the user's perspective, we can truly propose robotic equipment that can meet user needs, and use the advantages of the domestic supply chain to continuously expand the audience scale of our products." Song Junyi, CEO of "Elephant Robot", said that the company has currently achieved 100% independent design and research and development, and 80% of raw materials have been localized .

In order to expand the application scenarios of humanoid robots, reduce the difficulty of application, and realize the industrialization of humanoid robots, Mercury X1 can train robots through the front-end, teaching pendant remote operation teaching + back-end method to meet users' needs for robots to perform complex tasks.

The research on embodied intelligence of humanoid robots is also a key investment of Elephant Robotics. The integration of multiple cutting-edge technologies such as multimodal acquisition, deep vision, hand-eye scaling, dual-arm control, and intelligent navigation has injected strong momentum into the autonomous performance of humanoid robots.

Thanks to the research approach that accurately targets industry pain points and takes meeting customers' actual needs as the main direction, Mercury X1 has been repeatedly polished and has been delivered in batches to many cutting-edge universities and institutions at home and abroad. It has quickly become the preferred platform for many universities and research institutes when conducting research on humanoid robots and their combination.

Investor comments:

Qinghui Investment Partner Ge Minghao said that the Elephant Robotics team is young, creative, and down-to-earth. Step by step, relying on its excellent product definition capabilities and the advantages of self-developed full-stack components, it has opened up a global ecosystem and rich domestic and overseas sales. The mass production capacity of tens of thousands of units and the speed of product iteration have built a deep moat for Elephant. As a cutting-edge investment institution with an industrial background, Qinghui Investment is actively investing in humanoid robots, embodied intelligence, artificial intelligence and other directions, and empowering enterprises with resources. We are very much looking forward to accompanying and empowering Elephant's humanoid robots to land in diversified scenarios such as scientific research, industry, and commerce.

Since its establishment, Elephant Robotics has determined the globalization route , incubated by the global incubator HAX, and has won investment from first-tier funds such as Cloud Angel, SOSV, East Securities Capital, Shenzhen Capital Group, and ZhenFund. By combining online platforms and offline agents, it sells to more than 70 countries and regions around the world, has built more than 170 sales channels, and has become the top 3 domestic robot brand in overseas shipments.

At the same time, the company maintains an iteration speed of 6 to 8 new robot products every year, and cooperates deeply with many integrators in the industry, including establishing comprehensive ecological cooperation with NVIDIA, Microsoft, etc., to quickly implement its standardized products in various industries, with cumulative shipments of more than 20,000 robot products.

Song Junyi revealed that at the beginning of this year, the first batch of products of the "Elephant Robot" wheeled humanoid robot series has been completed and is in the delivery stage. It is expected to achieve the batch delivery target of more than 300 units in 24 years. In the future, the company will continue to iterate products based on real user needs, and is committed to promoting the mass production of humanoid robots and their commercialization in more industries.

Review editor: Liu Qing