A single destination for timely, editor-curated robotics news from around the world.
Modal has successfully secured $750 million in a Series D funding round, achieving a post-money valuation of $15.75 billion. This funding was led by Accel, with participation from Kleiner Perkins and existing investors such as Menlo Ventures and Bain Capital Ventures. The company has recently surpas...
Expense management company Ramp announced a new funding round of $1.85 billion, raising its valuation to $60 billion, just four months after a $750 million round at $44 billion. The company reported annualized revenue exceeding $2 billion, a significant increase from $1.5 billion in June, with a 25%...
An investor who initially valued a global modeling company at $3 billion earlier this year is now facing a stark contrast as the company's external valuation has soared to $22 billion by October. Despite attempts to sell shares at a $12 billion valuation, the investor has been unable to do so, while...
On October 13, Shenzhen-based Astribot announced a new funding round of 1 billion yuan, raising its valuation to 15 billion yuan. This marks a significant increase from its previous valuation of 10 billion yuan just three months prior, highlighting the rapid growth and interest in its innovative hum...
Stardust Intelligence has successfully completed a new funding round of 1 billion yuan, bringing its post-investment valuation to 15 billion yuan. This funding round, led by Donghai Investment Holdings, includes participation from several significant state-owned and financial investors. The company...
Recently, Magic Atom's VLM Agent framework, EchoPolicy-0, achieved a 75.4% average success rate in robot operations, ranking first in the global MolmoSpaces Combined list. This evaluation, initiated by the Allen Institute for AI (AI2), assesses embodied intelligence in zero-shot tasks, covering four...
Xingchen Intelligent, the world's first mass-produced AI robot company, has completed a new funding round of 1 billion yuan, bringing its valuation to 15 billion yuan. This funding round was led by Donghai Investment Holding, with participation from several significant state-owned and financial inve...
Nous Research has successfully raised $90 million in Series B funding, achieving a valuation of $1.5 billion. This funding round, led by Robot Ventures, also included participation from notable investors such as Nvidia and Samsung. The total funding for the three-year-old company now stands at $158...
Skild AI, following its recent valuation of $14 billion, is shifting its focus from being solely an AI brain to broader applications. This transition reflects the company's ambition to leverage its technology in various sectors beyond traditional AI roles. The move is significant as it highlights th...
RobCo has surpassed a valuation of $1 billion following new investments and employee share sales, marking a significant milestone for the industrial robotics startup. This achievement, which doubles the company's valuation in just nine months, involved participation from existing investors like Sequ...
Faraday Future announced that its robotics division will merge with NASDAQ-listed AIxC, aiming for an independent public listing with a valuation of $200 million. This move is part of Faraday Future's strategic upgrade to focus on a Robotaxi shared network and Physical AI investments. The merger si...
SiMa.ai has successfully raised $150 million in Series C financing, increasing its total funding to $500 million and achieving a valuation of $1.45 billion. This funding round was co-led by Fidelity Management & Research Company and Amplify, with new investments from AllianceBernstein, Baron Capital...
Recent reports indicate that by 2025, China's funding for robotic hands is projected to reach approximately 16.877 billion yuan, with a market size of 50.1 billion yuan, reflecting a 300% year-on-year growth. However, the anticipated sales volume of 19,200 units, a 236% increase, raises concerns abo...
Chinese regulators are slowing the initial public offerings (IPOs) of humanoid robotics companies as they investigate high valuations and the sustainability of revenue linked to state-backed projects. This scrutiny follows the volatile debut of Unitree Robotics, whose shares soared over fivefold bef...
September has historically been a challenging month for the market, with the S&P 500 experiencing an average decline of 1.1% since 1928. This trend is influenced by seasonal headwinds that arise from a lull in fundamental data, leading investors to adopt a cautious stance as they await new informati...
Hello Robotaxi, through Shanghai Zufu Intelligent Technology Co., Ltd., has successfully raised approximately $100 million in a new financing round. This funding round was led by Shanghai Guotou Venture Capital, with additional participation from Minhang Jintou and China Creation Ventures, resulting...
Zipline is currently in discussions to secure about $1 billion in a new funding round, which would elevate its valuation to approximately $20 billion. This potential funding marks a significant increase, nearly tripling the company's previous valuation. The importance of this funding round lies in...
Gulf fintech company Tabby announced a valuation of $6.5 billion following a recent investment round led by Blue Pool Capital. This significant financial milestone positions Tabby ahead of competitors like Klarna in the fintech landscape. The valuation reflects growing investor confidence in Tabby'...
The Boring Company (TBC) has reached a valuation of approximately $23 billion following a recent funding round, significantly up from its 2022 valuation of $5.68 billion. This increase is attributed to TBC's operational progress and heightened interest in Musk-affiliated ventures after SpaceX's IPO....
Mecka AI, a startup focused on collecting and analyzing human motion data for training humanoid robots, is nearing a funding round led by Sequoia Capital at a valuation of approximately $500 million. This new financing follows a $60 million round raised just three months prior, led by Framework Vent...
XDOF, a startup specializing in real-world teleoperation data for training robots, is in advanced discussions for a Series B funding round, aiming for a valuation of approximately $1.2 billion. The funding is reportedly led by 8VC, following the company's rapid growth and annualized revenue nearing...
Wandercraft, a Paris-based robotics company, is seeking approximately €100 million (around $116 million) in new equity funding to enhance the commercialization of its hardware platforms. The firm is collaborating with Goldman Sachs Group Inc. to facilitate this funding round, which is expected to ac...
Lyte, a rapidly expanding robotics and AI startup formed by key members of Apple's Face ID team, has successfully raised approximately $165 million in its latest funding round. This significant investment has resulted in a valuation increase, bringing the company's worth to $1.6 billion. The fundin...
Xiaopeng Robotics has recently been valued at $43 billion, a figure that raises questions about its underlying business fundamentals. The valuation reflects a significant investment round led by IDG Capital, with participation from high-profile investors like Tencent and Alibaba, marking a record in...
Generalist, a robotics startup, has reached a valuation of $3 billion after securing nearly $200 million in additional funding led by 8VC. This new capital is part of a larger $600 million funding round that includes a previously announced $400 million Series B led by Radical Ventures. The funding r...
On August 24, Xiaopeng Motors announced that its humanoid robotics division, Pengxing, has completed its first equity financing round, raising over $900 million and achieving a post-money valuation exceeding $6.3 billion. This funding round sets a new record for single-round private equity financing...
XPeng announced that its robotics division has successfully entered into share purchase agreements with various investors, raising over $900 million. This funding round, led by IDG Capital, includes participation from Gaorong Ventures and strategic investments from Tencent and Alibaba, achieving a p...
General Intuition, based in New York, is in discussions to secure funding at a $6 billion pre-money valuation, with participation from Valor Equity Partners and Point72 Ventures. This follows a recent $320 million funding round at a $2.3 billion valuation, highlighting the startup's rapid growth in...
RoboColiseum has launched an evaluation platform for embodied intelligence models, aimed at providing a multidimensional assessment system. This platform, set to be fully operational by August 2026, allows developers to identify strengths and weaknesses in their models through simulations that close...
Unitree Robotics experienced a remarkable 629% surge in its valuation, reaching $66 billion during its debut on the Shanghai stock exchange. The IPO attracted significant attention, with 9.8 million retail investment accounts vying for just 9.7 million shares, leading to a final allocation rate of o...
A new push-based gangue-sorting robotic system has been designed and developed, with successful integration and field evaluation reported in the Journal of Field Robotics. This innovative system aims to enhance the efficiency of sorting gangue materials in mining operations. The significance of thi...
Tekever, a Portuguese company specializing in surveillance drones, is currently negotiating with investors to secure up to €500 million, equivalent to $577 million. This funding round is notable as it values the company at €5.5 billion, marking a significant increase from the previous year's valuati...
The Humanoid Robot Evaluation Forum is scheduled to begin on August 21, with a focus on creating standards and improving evaluation techniques for humanoid robots. This initiative aims to unite industry experts to share insights on advancements and best practices in the assessment of robotic technol...
Neros Inc. has successfully raised $250 million in a recent funding round, resulting in a tripled valuation of $2.5 billion. This significant financial boost is aimed at enhancing the startup's capabilities in drone development and production. The increased valuation reflects the growing demand fro...
Chinese robotics firm Unitree has set its initial public offering (IPO) at a valuation of approximately $9 billion, marking it as the first mainland-listed humanoid robot manufacturer in China. The Hangzhou-based company priced its shares at 150.8 yuan ($22.34) each, aiming to raise around 6.1 billi...
Unitree has announced its initial public offering (IPO) with a valuation set at $9 billion. This significant milestone highlights the company's growth and potential in the robotics sector. DeepSeek has invested 141 million yuan (approximately $20.9 million) in Unitree, which is subject to a three-ye...
On August 5, Lingxin Qiaoshou (Hangzhou) Technology Co., Ltd. officially registered its business in Hangzhou. This company, a subsidiary of Lingxin Qiaoshou (Beijing) Technology Co., Ltd., specializes in the manufacturing and sale of service robots, the development of intelligent robots, and the cre...
On August 5, Yushutech, the first publicly listed bipedal robot company in China, initiated its preliminary inquiry for an IPO, aiming to raise approximately 4.202 billion yuan ($42 billion) by issuing 40.4464 million shares. The company completed its stock exchange review in just 73 days, setting a...
UK-based robotics startup Humanoid has successfully raised $152 million in Series A financing, elevating its post-money valuation to $1.35 billion. This funding milestone positions Humanoid as Europe's first pure-play humanoid robotics startup to reach unicorn status, with significant backing from P...
ZhiYuan Robotics has confirmed the initiation of its IPO process in Hong Kong, aiming for a valuation between HKD 40 billion and HKD 50 billion. This marks a significant shift from its previous denial of having clear plans for a Hong Kong listing just a year ago. The company is poised to enter a pha...
On July 26, Motion Brain announced the completion of nearly 100 million yuan in Pre-A+ funding, following a previous 300 million yuan round in May. This latest investment round included participation from leading property service companies, Hong Kong consortiums, and several publicly listed companie...
On July 21, GlossGenius announced its rebranding to Genius AI following a $44 million Series D funding round led by Lux Capital, achieving a valuation of $1.15 billion. This milestone marks the company's entry into the unicorn club, reflecting a growing recognition of the value of human-centric serv...
Humanoid, a UK-based AI and robotics firm, has successfully raised $152 million in Series A funding, achieving a post-money valuation of $1.35 billion. This funding round, which brings the total raised to $270 million, was led by Prime Movers Lab with participation from notable investors including S...
Revolut Ltd. has commenced a share sale process for select employees, valuing the company at $115 billion. This valuation marks a significant increase from the $75 billion valuation achieved less than a year ago through a similar initiative. The recent valuation is noteworthy as it reflects Revolut...
Humanoid, a UK-based AI and robotics firm, has successfully raised $152 million in Series A funding, achieving a post-money valuation of $1.35 billion. This investment increases the total funds raised to $270 million and was led by Prime Movers Lab, with participation from notable investors such as...
Humanoid has successfully completed its Series A funding round, achieving a valuation of $1.35 billion just two years post-establishment. This funding round is noted as the largest ever for a humanoid-first robotics company in Europe, solidifying Humanoid's position as the leading humanoid robotics...
On July 15, Walden Robotics, based in Cambridge, Massachusetts, announced the completion of a $300 million seed funding round, achieving a post-money valuation of $1.1 billion. The funding was co-led by Toyota, including Toyota Motor Corporation, Toyota AI Ventures, and Deviation Capital, with parti...
A new Interactive World Simulator has been developed to improve robot policy training and evaluation by replacing traditional methods with a learned, action-conditioned video prediction model. This simulator allows for efficient data generation and scalable policy evaluation, addressing long-standin...
ModelBest has raised 5 billion RMB in the first half of 2026, establishing itself as a leading edge AI unicorn. The company's MiniCPM models are currently powering Samsung Galaxy AI and various automotive applications. This significant funding round highlights the growing importance of edge AI tech...
General Intuition, a New York-based company, has proposed a groundbreaking approach to training robots using millions of hours of gaming footage instead of vast amounts of real-world data. In June 2026, the company completed a $320 million Series A funding round, achieving a valuation of $2.3 billio...
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