Humanoid robot maker Galbot raises RMB 2.5 billion
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- TechNode.com
Galbot, a developer of humanoid robots specializing in embodied AI models based in China, has successfully raised RMB 2.5 billion (approximately $350 million) in a recent funding round. This investment attracted notable backers, including the China Integrated Circuit Industry Investment Fund, Sinopec, and CITIC-affiliated investment entities, alongside contributions from existing shareholders. The company plans to utilize the funds to advance its technology and expand its operations in the rapidly evolving robotics sector.
Original report
Humanoid robot maker Galbot raises RMB 2.5 billion
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