Shandong Youbote Robotics Completes A+ Round Financing Following Tug-of-War Championship Win
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On September 3, 2026, Shandong Youbote Intelligent Robotics Co., Ltd. announced the completion of A+ round financing amounting to hundreds of millions. The round was led by Dongzheng Capital, with participation from Jinan Xianxing Investment Group and Zibo High-tech Zone Venture Capital, alongside continued investment from angel investor Lenovo Star. This brings Youbote's total financing to several hundred million.
This financing comes shortly after Youbote's humanoid robot, 'Xingzhe Taishan,' won the first gold medal for the Shandong delegation at the Second World Humanoid Robot Sports Competition in the tug-of-war event. Youbote has progressed from winning the 100-meter performance event and placing third in the 4x100 meter relay at the inaugural competition in 2025 to securing a gold medal in tug-of-war this year. Notably, during the first competition's 1500-meter event, 'Xingzhe Taishan' showcased its robustness by completing the race despite losing an arm, thanks to its self-developed fall recovery algorithm.
Looking ahead, Youbote plans to leverage its recent financing to enhance its delivery capabilities and expand its national production and service network. The company is developing a comprehensive matrix of special robotic products and aims to launch a new generation of high-power density integrated joint modules, industrial humanoid robots, and heavy-duty quadruped robots. No further timeline was disclosed at the time of publication.
Original report
Shandong Robotics Company Secures A+ Round Financing After Tug-of-War Victory
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