Funding

Unitree Prices STAR Market IPO at RMB 150.80; DeepSeek Takes RMB 141M Strategic Placement with 36-Month Lock-up

Unitree Robotics priced its STAR Market IPO at RMB 150.80 per share, a RMB 60.99 billion market cap. DeepSeek took a RMB 141 million strategic placement with an unusual 36-month lock-up, alongside an R&D pact pairing its AI models with Unitree's robot hardware.

Sweden's Cognibotics Wins €6.5M EIC Accelerator Grant to Industrialize HKM1800 Hybrid-Kinematics Robot

Swedish deep-tech Cognibotics has won €6.5M in EIC Accelerator blended finance (€2.5M grant + €4M equity) to industrialize HKM1800, a hybrid-kinematics industrial robot claiming 2,000+ picks/hour over a 10 m² workspace with ~30% lower energy use.

Galbot Locks Over $300M in Record Single Round, Inks 1,000-Unit Patek Precision Pact at $3B Valuation

Galbot (Galaxy General) has raised over US$300M at a post-money above $3B in a round led by China Mobile's industry-chain fund, and announced a 1,000-unit deployment order with Patek Precision for electronics assembly — one of the largest disclosed humanoid orders in China to date.

Westlake Robotics Locks Over 100M Yuan From Henan Huirong Fund, Third Round in Five Months for Westlake o1 Deployment

Hangzhou-based Westlake Robotics, the Westlake University spin-off behind the GAE cerebellum model and the Titan/Westlake o1 humanoid, has closed an exclusive nine-figure RMB round from Henan Investment Group's Huirong Fund, its third round in five months, to scale industrial deployment of its dual brain-and-cerebellum embodied stack.

Swancor Readies Qiyuan T1 Deformable Personal Robot for WAIC World Debut, Morphs Between Wheeled Humanoid and Quadruped

Shanghai-based SWANCOR (SSE:688585), the AGIBOT-controlled materials-turned-personal-robotics company, will globally debut Qiyuan T1 - described as the world's first deformable personal robot - at WAIC 2026 in Shanghai, capable of switching automatically between a wheeled-legged humanoid form and a quadruped stance for home filming, interaction and companionship.

Xspark AI Banks Angel Backing From CDH VGC, Chuxin and SEE Fund to Ship Multispectral-Tactile VTA Spinal-Cord Layer for Physical AI

Shenzhen-based Physical-AI startup Xspark AI (Wujie Zhihang) closed a near-RMB-100M angel round co-led by CDH VGC, Chuxin Capital and SEE Fund to scale its slow-brain VLM / fast-brain WAM / spinal-cord VTA trusted embodied stack, which layers multispectral tactile sensing as a real-time safety interlock between foundation models and real-world deployment.

Tashan Tech Secures Nine-Figure Series B, Claims 80% Share of Humanoid Tactile Sensor Market

Beijing-based tactile sensing startup Tashan Tech closed a nine-figure RMB Series B led by Joyson Electronics, Taiping Innovation, AUX and Pengling, with follow-on from Daoshi Tech and Binfu Capital. The firm claims over 80% share in humanoid robot tactile sensors, ships tens of thousands of units per month, and is building a tactile-native foundation model with Turing Award winner Richard Sutton through a "Robot Kindergarten" training platform.

PNDbotics Ties Up With BeingBeyond to Pair Adam-U Half-Body Humanoid With Being-H Dexterous Model, Joint Demo Set for WAIC 2026

Chinese full-stack humanoid maker PNDbotics has signed a strategic partnership with embodied foundation-model startup BeingBeyond to deeply integrate hardware and AI. The two will jointly build multi-scenario datasets, co-develop pre-trained models and push Being-H-powered Adam-U (the half-body data-acquisition and grasping-training platform) into industrial, service, R&D and education scenarios. The integrated Adam-U with Being-H will be unveiled at WAIC 2026 in Shanghai (July 17–20).

DeepCtrls Secures Nine-Fig. Series B for Industrial PhyAI: JinkoSolar Strategic, SDIC and CMB Lead, Backed by HongShan and Source Code

Shenzhen-based physical AI startup DeepCtrls closed a nine-figure RMB Series B round, with strategic investment from JinkoSolar and co-led by SDIC Fund and CMB International; existing investors HongShan, Source Code Capital, Forebright and CMBC Ventures doubled down. Its PhyAI engine fuses first-principles physics with ML for L4-L5 autonomous control of industrial electromechanical systems, serving TSMC, CATL, Foxconn, Tencent and ByteDance data centers. Proceeds fund R&D on DeepBot, overseas expansion and the DeepOS park-level energy-OS.

Foxconn Puts US$30M Behind Robocore to Scale temi Service Robots Into Hospitals and Elderly Care

Foxconn Technology's Q-Run Holdings is committing up to US$30 million across three tranches to Robocore Technology's Series D, starting with a US$10M first close for a 6.6% stake in subsidiary RoboTemi Global, accelerating deployment of temi robots in healthcare and elderly care worldwide.

June 2026 Embodied AI Financing Hits H1 High: 36 Rounds, 10 Over 1B Yuan, AI2 Robotics Nears 50B Valuation

China's embodied AI sector rebounded in June with a first-half record 36 disclosed rounds including 10 nine-figure-plus deals; 18 domestic firms now carry unicorn valuations above 10B yuan, even as executives warn commercialization is 2-3 years out.

3Srobotics Raises Nine-Figure Series B for AI Welding Robots, Targeting China's Welder Shortage

Shanghai-based embodied AI startup 3Srobotics (Shengshi Weisheng) closed a nine-figure Series B led by Shanghai Semiconductor Industry Investment and Jinqiao Fund, as the company scales AI welding robots that replace 1.5-2 welders per unit with 12-18 month ROI.