Autonomous sweeper maker Coowa gears up for IPO after $600M funding
Founded in 2015, Coowa initially focused on autonomous driving technology before shifting its core business toward smart sanitation robots for municipal services.
Year: 2026
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Micro-LED startup MetaPhotons bets nearly $15M to scale production
MetaPhotons said its technology can achieve pixel densities exceeding 30,000 PPI, potentially enabling cinema-quality visual experiences in compact AR and VR devices.
Robotics integrator Shenhao lands $173M deal for data-center inspection
Inspection robots have become increasingly common in China’s power sector, though they typically complement rather than replace human workers.
Lissome raises Series A funding as AI dishwasher gains global traction
The dishwasher was named one of the seven coolest products at the CES 2025.
Inference chip maker Trace Intelligence closes seed funding
Trace is currently developing its first inference chip designed specifically for AI agents.
Embodied AI startup Noematrix completes Series A++ funding round
On the commercial front, Noematrix’s robots have already been rolled out in pharmacies.
Cainiao to deploy climbing robots in Europe after 618 live trial
The first warehouse deployment, built in collaboration with Alibaba’s cross-border platform AliExpress in Dongguan, Guangdong.
Shanghai robot exports top China as cleaning bots lead overseas surge
Part of the momentum has been supported by changes to China’s tariff classification system.
Dreame slashes 200 business units to four in pivot back to core operations
Following the restructuring, Dreame will focus on four main areas: smart cleaning appliances, whole-home devices, smart mobility and embodied intelligence.
New DingTalk CEO unveils AI overhaul a week after taking helm
According to the memo, DingTalk will establish a core platform business unit, and consolidate the Wukong and MuleRun teams into a new Wukong organization.