Westlake Robotics secures Pre-Series A+ funding to scale embodied AI
This marks the company’s second financing deal in just over two months, as capital continues flowing into China’s embodied AI sector.
Tag: humanoid robotics
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Zhejiang sets R&D spending target of $60B to boost innovation
The initiative lays out 16 measures spanning corporate R&D, innovation platforms and commercialization, with a focus on making companies the main drivers of innovation.
Top exec exited weeks before robot startup Spirit AI closes fresh funding, report says
Industry observers said his departure could signal entrepreneurial ambitions, as investment in embodied intelligence accelerates.
Embodied robotics startup Spirit AI raises RMB 1B in Series A+ funding
At the core of Spirit AI’s approach is what it calls a “diversified data” framework aimed at extending the Scaling Law into embodied intelligence.
Hangzhou to host real-world robot competition, fast-track monetization
Parts of the professional testing events next month will prohibit remote controls, requiring machines to rely entirely on autonomous perception and decision-making.
Unitree files for IPO on Shanghai’s STAR Market, aims to raise $610M
Unitree’s IPO bid follows the success of Shenzhen-based UBTech, which was the first humanoid robotics company to list on the Hong Kong Stock Exchange in late 2023.
Xiaomi founder praises early bet on Unitree at spring product launch
Unitree’s early years coincided with a difficult fundraising environment for bionic robotics. Shunwei was one of the first prominent VCs to back the startup.
Robot hand startup Xynova snags pre-Series A funding amid embodied AI race
A proprietary new manufacturing facility is entering ramp-up production, with annual capacity expected to exceed 10,000 dexterous hands and 200,000 miniature actuators by year-end.