Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Bessemer Technology Secures Angel Funding for Motor Innovations in Robotics
Bessemer (Shanghai) Technology, founded by Assistant Professor Zhu Wenjun from Xi'an Jiaotong-Liverpool University, has successfully raised millions in angel funding from the Pudong AI Seed Fund. Established in 2025 with a registered capital of 2 million yuan, the company holds two patents and aims to optimize motor technology and establish mass production lines with the new funding. This funding is significant as it marks a shift in investment focus towards core components like joint motors, which have been underdeveloped in China. While many domestic motor technologies remain in the experimental phase, Bessemer is building a complete chain from electromagnetic simulation to standardized hardware, addressing the gap between laboratory innovations and industrial production. Looking ahead, Bessemer's product line includes the E series and S series motors, designed for humanoid robots and medical devices, which could disrupt the market by offering lighter, more efficient alternatives to traditional motors. No further timeline was disclosed at the time of publication for upcoming product launches or additional funding rounds.
Motor Technology Robotics Angel Investment High-Tech Startups
Roundtable: We Celebrate Adventure - Sooner, Smaller, and Deeper | 36Kr WAVES 2026 New Wave
In 2026, the investment landscape in China is witnessing a significant shift as artificial intelligence (AI) transitions from a conceptual technology to a mainstream industry force. The WAVES 2026 conference, hosted by 36Kr and AnYun, took place over two days in the Liangcang Creative Park in Panyu, Guangzhou, under the theme "This Summer." The event brought together top investors, industry leaders, and emerging entrepreneurs to explore key sectors such as AI, hard technology, healthcare, and international expansion through 14 in-depth roundtable discussions and numerous independent speeches. Prominent figures in the venture capital sector, including Liu Yuan from ZhenFund, Xu Shi from Shanhang Capital, Lin Haizhuo from Zhuoyuan Asia, and Xu Zhihao from Mingshi Capital, shared insights on the challenges and opportunities in early-stage investments. They discussed the current state of angel investments, which account for only 1.9% of the total equity market, emphasizing the need for a deeper understanding of the evolving technology landscape and the importance of backing resilient founders who can adapt to rapid changes. The conference highlighted the critical role of early-stage investors in identifying promising startups and supporting them through various funding rounds, despite the inherent risks and uncertainties. As the AI revolution continues to unfold, the dialogue among industry experts underscored the necessity of fostering innovation and collaboration to drive China's technological future.
$200 million angel round! This furniture company was established only 1 year ago! What makes it attract collective investments from JD.com, Sequoia, Hongyi, and Linear?
A furniture startup, launched just a year ago, has successfully raised $200 million in an angel funding round, attracting significant investments from major players including JD.com, Sequoia Capital, Hongyi Investment, and Linear Capital. This remarkable financial backing highlights the company's innovative approach and potential for growth in a competitive market. The funding will likely be used to expand product offerings and enhance operational capabilities, positioning the company for future success. Investors are drawn to the startup's unique value proposition and its ability to disrupt traditional furniture retailing, suggesting a strong belief in its long-term viability and market impact.
Robotics Automation AI
"Breaking the Record for Single Investment in Angel Round Financing! DJI Veteran Tackles Consumer-Level Embodied Robots"
A former DJI executive has set a new record for single investment in angel round financing by securing significant funding for a startup focused on consumer-level embodied robots. This groundbreaking investment, announced recently, aims to revolutionize the robotics market by making advanced robotic technology accessible to everyday consumers. The funding will be utilized to accelerate product development and enhance marketing strategies, positioning the company to compete in a rapidly evolving industry. As the demand for innovative consumer technology continues to rise, this investment reflects a growing interest in robotics that can integrate seamlessly into daily life. The initiative is expected to attract further attention and investment as it progresses, potentially reshaping the landscape of consumer robotics.
Robotics Automation AI
Xspark AI Raises Nearly 100 Million Yuan to Enhance Physical AI Capabilities
Xspark AI, a company focused on reliable physical intelligence, has successfully completed its first angel funding round, securing nearly 100 million yuan. The funding was led by Dinghui VGC, Chuxin Capital, and SEE Fund, with participation from various financial and industrial investors. The capital will primarily support core technology development and the scaling of Physical AI applications. This investment highlights the growing interest in Physical AI, which aims to bridge the gap between advanced AI models and real-world applications. As robots increasingly demonstrate enhanced understanding and planning capabilities, the challenge remains to ensure they can operate reliably and safely in dynamic environments. Xspark AI's approach combines multispectral tactile perception and self-developed data generation models to create a comprehensive framework for deploying Physical AI in practical scenarios. Looking ahead, Xspark AI's founders emphasize the importance of accumulating real-world operational data to drive the commercial viability of Physical AI. No further timeline was disclosed at the time of publication, but the company aims to achieve significant milestones in the integration of embodied intelligence into everyday tasks, positioning itself for future advancements in the field.
Physical AI Robotics Technology Development Investment AI Applications
HKU professor's startup Yisheng Technology secures hundreds of millions in angel funding to develop memory systems for robots.
TranscEngram, a robotics startup focused on developing autonomous intelligence, has successfully secured hundreds of millions in angel funding. The investment round saw participation from a diverse group of industry and state-owned enterprises, including Charoen Pokphand Group’s China National Pharmaceutical, Pudong Venture Capital, and several others. Founded in September 2023 by leading AI experts, including Professor Ma Yi from the University of Hong Kong, TranscEngram aims to create a unified system for robots that mimics human cognitive processes through a "brain + cerebellum" architecture. This innovative approach seeks to advance the field of explainable embodied intelligence by enabling robots to learn through a closed-loop of perception, prediction, and interaction. The newly acquired funds will primarily support the development of advanced models for embodied control and physical world modeling, as well as the establishment of research and industrial bases in Shenzhen and Shanghai. The company’s technology promises to enhance robots' capabilities in self-correction and continuous evolution, moving towards commercial applications. TranscEngram's unique memory system allows robots to learn from vast amounts of data without relying on fixed programming, significantly improving their performance in multi-tasking scenarios. The startup is currently focusing on high-end service sectors, such as hotel operations and flexible manufacturing in aerospace, aiming to automate and optimize these industries. With research and data centers established in major cities, TranscEngram is collaborating with leading robotics firms to integrate its innovative solutions into existing production processes, enhancing efficiency and adaptability in real-world applications.
Former Baidu autonomous driving lab head raises millions in angel funding for global robot model startup.
Nuwa Robotics, a company specializing in embodied intelligence, has successfully secured 50 million yuan in angel funding, led by Blue Lake Capital with participation from various investors including Qiongcheng Puyi Investment. This funding follows a seed round completed two months prior, led by Plug and Play China. Founded in February 2026 by Dr. Yang Ruigang, a former director at Baidu’s autonomous driving and robotics lab, Nuwa aims to advance robotic capabilities in navigating complex human environments. As the field of embodied intelligence gains momentum, industry consensus is forming around the need for a "layered decoupling" approach. Nuwa is focusing on developing a "World Traversal Model" (WTM) that enables robots to autonomously navigate, interact, and complete tasks in human settings, addressing a critical gap in the industry. This model is designed to be compatible with various robotic platforms, including humanoid robots and delivery vehicles. Nuwa's technology integrates high-fidelity physical simulation with advanced data generation techniques to create a robust training environment for its WTM. The company has made significant strides in motion control and navigation capabilities, allowing robots to navigate complex terrains without relying on high-precision maps. Additionally, Nuwa is prioritizing social behavior compliance, essential for robots operating in public spaces. With plans to deploy the WTM in real-world applications by 2026, Nuwa aims to validate its core capabilities and expand its operational scale. Blue Lake Capital expressed confidence in Nuwa’s vision, highlighting the potential for the company to overcome key industry challenges and pioneer advancements in intelligent navigation.
Wujie Power completes over $200 million in angel round financing, accelerating the development of embodied general intelligence and world models.
Wujie Power has successfully secured over $200 million in angel round financing, a significant boost aimed at advancing its research and development in embodied general intelligence and world models. This funding round, completed recently, underscores the growing interest and investment in artificial intelligence technologies. The financial support will enable Wujie Power to enhance its capabilities and accelerate its projects, positioning the company at the forefront of innovation in the AI sector. As the demand for sophisticated AI solutions continues to rise, this investment is expected to play a crucial role in the company's efforts to develop cutting-edge technologies that could reshape various industries.
Robotics Automation AI
Striding AI Secures Nearly $100 Million in Angel Funding Led by Entrepreneurs and Scholars
Striding AI, a company specializing in embodied intelligence, has successfully secured nearly $100 million in its recent angel funding round. The investment was led by prominent firms such as Charoen Pokphand Group, alongside contributions from several influential entrepreneurs and investment institutions. This substantial funding will be directed towards enhancing talent acquisition, advancing the company's core technologies, and accelerating the deployment of products within the retail and industrial sectors.
Embodied Intelligence AI Technology Robotics Investment Funding
Industrial Robotics Company Secures Angel Funding with Over 20 Million Revenue
Chengwu Robotics, a Shenzhen-based company specializing in industrial embodied intelligence solutions, has successfully secured funding in its angel round of financing, thanks to strategic investments from Taiwanese automation firms. The financing comes as the company reports over 20 million yuan in revenue, driven by its partnerships with major clients such as Foxconn and collaborations with leading robotics manufacturers. Chengwu Robotics aims to enhance industrial processes by developing tailored solutions for a range of applications, positioning itself as a key player in the robotics industry.
Industrial Robotics Embodied Intelligence Automation Solutions Robotics Integration
A Robot Company That 'Enters the Factory Before Seeking Investment' Secures Tens of Millions in Funding
Xinggongju has successfully secured tens of millions in an angel round of financing, with the investment exclusively provided by Sky Factory Venture Capital. This funding comes as the company seeks to solidify its position in the embodied intelligence sector, focusing on practical applications within factory settings rather than theoretical models. By developing robots designed to improve operational efficiency and profitability, Xinggongju aims to address the growing demand for advanced automation solutions in manufacturing.
Industrial Robots Embodied Intelligence Automation AI Manufacturing Technology
Embodied AI Startup Zenbot Raises Near-100 Million Yuan in Angel Round
Zenbot, an embodied AI startup, has successfully raised nearly 100 million yuan in an angel funding round. This investment was led by prominent players in the precision manufacturing sector, including ChangYing Precision and Kedali. The funding, which was finalized recently, aims to bolster Zenbot's development of advanced AI technologies designed for various applications in manufacturing. By securing this financial backing, Zenbot seeks to enhance its research and development capabilities, positioning itself as a leader in the rapidly evolving field of embodied AI.
AI
Finnish AI Lab QuTwo Valued at $380M After Angel Round Backed by Yuri Milner and Xavier Niel
QuTwo, a Finnish artificial intelligence laboratory established by Peter Sarlin, the former CEO of AMD Silo AI, has successfully secured €25 million in an angel funding round, achieving a valuation of €325 million. The investment round attracted notable figures, including Yuri Milner, Xavier Niel, and Nico Rosberg, as well as founders from prominent companies such as Skype, Wolt, and Supercell. QuTwo's flagship product, QuTwo OS, serves as an AI orchestration layer designed to enhance the integration and functionality of AI technologies. This funding will enable the company to further develop its innovative solutions in the rapidly evolving AI landscape.
AI Funding & Investment AI AI-driven platform Angel round capital markets funding
Wujie Power Completes New Financing Round, Total Angel Round Funding Exceeds $200 Million
Wujie Power has announced the successful completion of an angel financing round, securing over $200 million from prominent investors, including Envision Group and Sequoia China. This substantial funding will expedite the advancement of its MWA™ embodied intelligence technology, a key innovation aimed at enhancing the global integration of intelligent robotics. The investment marks a pivotal moment for the company as it seeks to position itself at the forefront of the rapidly evolving robotics sector.
Embodied Intelligence Robotics AI Funding Technology Development
Embodied AI startup TARS completes $122 million angel+ funding round: report
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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Former Huawei Executive Leads Morphi in Embodied Intelligence with Over $1.4 Billion in Funding
Morphi, a rising company in the field of embodied intelligence, has successfully secured over 1 billion yuan in angel funding, achieving a post-investment valuation of over 7 billion yuan. The startup, which counts tech giants Alibaba and Tencent among its backers, is focused on creating a versatile, multimodal robotic brain. Initially, Morphi will concentrate on commercial applications, with plans to later venture into the household robotics sector. Founded by former leaders from Huawei, the company is preparing to launch its first consumer service robot in July.
Embodied Intelligence Robotics AI Funding Startups
Alibaba and Tencent Invest Over 1 Billion Yuan in Morphi: What's Behind Their Bet?
Morphi, a company focused on embodied intelligence, has successfully raised over 1 billion yuan in angel funding, resulting in a post-investment valuation that surpasses 7 billion yuan. This funding round sets a new record for first-round financing within China's embodied intelligence sector. Notably, tech giants Alibaba and Tencent have made their fourth joint investment in this area, indicating a strategic pivot towards early-stage investments as they aim to leverage emerging technologies and talent.
Embodied Intelligence Investment AI Robotics Technology
Tsinghua Vehicle School Alums Launch Guangxiang Technology, Raise Hundreds of Millions for Embodied AI in Automotive
Guangxiang Technology, a company incubated by Tsinghua University, has successfully raised hundreds of millions in angel funding to advance its innovative physics-native embodied AI model aimed at revolutionizing automotive manufacturing. This significant financial backing comes as the company seeks to enhance efficiency and precision in the automotive sector through advanced artificial intelligence solutions. The funding round, which reflects growing investor confidence in AI technologies, positions Guangxiang Technology to further develop its cutting-edge applications and expand its market presence. The investment underscores the increasing importance of AI in transforming traditional manufacturing processes, particularly in the automotive industry, where precision and efficiency are paramount.
Startups AI
SpaceX sets IPO price to raise $75 billion; OpenAI CEO delays South Korea visit; new AI complaint center launched.
OpenAI CEO Sam Altman has postponed his planned visit to South Korea, originally scheduled for June 14-15, due to personal reasons. During the visit, he was expected to meet with leaders from major companies including Samsung Electronics, Kakao, and NAVER. In a separate announcement, Waymo, the autonomous driving subsidiary of Alphabet, revealed a new $30 monthly membership plan called Waymo Premier, aimed at invited users. This plan will offer benefits such as priority rides, a 10% cashback on trips, and the ability to cancel rides up to five times a month at no cost. Initial invitations will be sent to eligible passengers in San Francisco, Los Angeles, and Phoenix, with plans to expand to other cities. Meanwhile, SK Hynix is exploring the integration of AI technologies, including ChatGPT, into its operations. CEO Lee Seok-hee indicated that the company is balancing the protection of industrial technology with the adoption of external AI services, considering tools like Microsoft 365 and CoPilot. In financial news, major Wall Street banks have begun restricting hedge funds' leverage on Asian chip stocks, including SK Hynix and Samsung, due to concerns over potential market corrections. This move involves raising financing costs for hedge fund bets and limiting new transactions. Additionally, Google announced a $50 million investment to train U.S. tech workers, addressing the growing demand for AI infrastructure. This investment is part of a broader initiative that has already seen over $1 billion allocated to training programs since 2022. Lastly, SK Hynix reported that a fire at its Cheongju plant on June 12 has been brought under control, with production equipment operating normally.
SF Express, Sequoia China and IDG Back Tsinghua-Spinout Humanoid Robot Unicorn
Wujie Power, a humanoid robot startup spun out from Tsinghua University, has successfully secured over $200 million in angel-stage funding. The investment round was backed by prominent firms including Sequoia China, Linear Capital, Hillhouse, Baidu Ventures, and SF Express. This significant financial boost comes as the company aims to advance its development in the robotics sector, leveraging cutting-edge technology to enhance humanoid robot capabilities. The funding will facilitate research and development efforts, positioning Wujie Power to compete in the rapidly evolving market for intelligent robotics.
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Casbot Secures $14 Million to Advance Humanoid Robots for Industrial and Harsh Environments
Casbot, a Chinese developer specializing in humanoid robots, has successfully secured nearly $14 million in angel funding. This financial boost will enable the company to mass-produce its bipedal robots, which are designed for challenging industrial and mining environments. The funding comes as Casbot seeks to leverage its innovative AI architecture, allowing the robots to adapt effectively to real-world conditions. The investment marks a significant step in the company's mission to enhance automation in demanding sectors.
China Casbot
Perceptual Robotics Raises Funding to Automate Wind Turbine Inspection Drones
Perceptual Robotics, a Thessaloniki-based company, has successfully secured new funding to enhance its autonomous wind turbine inspection platform. The investment round, announced on May 5, 2026, was led by Loggerhead Ventures, with additional support from One Planet Capital. This financial backing aims to advance the development of AI-powered drones designed for wind farm maintenance, reflecting the growing demand for innovative solutions in renewable energy infrastructure. The funding will enable Perceptual Robotics to scale its operations and improve the efficiency of wind turbine inspections, ultimately contributing to the sustainability of wind energy production.
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