On Tuesday, TARS, a Chinese startup specializing in embodied AI, announced it has successfully secured $122 million in an Angel+ funding round. The investment was primarily led by Meituan’s strategic investment arm, with participation from several co-investors including Junshan Capital, Bihong Investment, Guoqi Investment, Lingang Sci-Tech Venture Capital, SAIF Partners, and C&D Emerging Industry Investment. This funding round aims to bolster TARS's development and expansion in the rapidly growing AI sector, reflecting the increasing interest and investment in advanced robotics and AI technologies in China. The funding will enable TARS to enhance its research capabilities and accelerate the deployment of its innovative solutions in various industries.
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