Chinese Robotics Startup Galaxea AI Raises $290M USD in Series B+ Funding, Valued at $29B USD
Insider Brief Galaxea AI has raised about $290 million in a Series B+ round, valuing the Chinese embodied intelligence startup at roughly $29 billion, Yicai Global reported. The Beijing-based company said the round included a mix of industrial investors, long-term funds and state-backed capital, following a separate funding round of about $140 million completed in […]
Insider Brief EngineAI has opened global registration for a humanoid robot combat competition designed to test core capabilities such as motion control, balance and decision-making in a standardized environment. According to EngineAI, the event, called Ultimate Robot Knock-out Legend, is a competition for universities, enterprises and research institutions. Teams will use EngineAI’s T800 humanoid robot […]
Insider Brief Chinese humanoid robotics company Cedarobo has raised about $14 million USD in a new funding round backed by Shenzhen Capital Group, Vertex Ventures, Qianhai Ark, Origin Yuan, Lightspeed China Partners, Kunlun Capital and Rongyi Investment, according to Chinese automotive news site Gasgoo. The raise follows a separate $14 million USD round closed in […]
Insider Brief Agibot announced it has produced its 10,000th humanoid robot. The Chinese company said the pace of production has accelerated sharply, with output doubling from 5,000 to 10,000 units in three months after taking years to reach its first 1,000. “Reaching 10,000 units is not simply about producing more robots, it reflects a fundamental […]