Shenzhen embodied-AI startup (Dec 2023) making wheeled dual-arm robots (Quanta X1 Pro, X2) with WALL-A foundation model; $423M raised.
X Square Robot (Chinese legal name: Zibianliang Robotics Technology Shenzhen Co., Ltd.) is a Shenzhen-based embodied AI and robotics company founded in December 2023 by Wang Qian. The company is headquartered at Floor 31, Aerospace Innovation Building, Liuxian Avenue 7013, Xili Subdistrict, Nanshan District, Shenzhen. X Square Robot is among the first companies in China to develop end-to-end embodied intelligence foundation models, having built the GreatWall series of operating models including WALL-A and the successor WALL-B (the company claims WALL-B is the world's first unified world model integrating visual, language, and action modalities).
The company's product lineup includes: Quanta X1 Pro (a wheeled dual-arm robot for manipulation tasks) and Quanta X2 (a next-generation wheeled humanoid-form robot with higher degrees of freedom). Applications include logistics sorting (parcel handling in e-commerce warehouses), home-based services, elder care, scientific research, and commercial cleaning. The company has developed an open-source dexterous five-finger hand called ArtiXon Hand.
X Square Robot has raised a total of approximately $423M across four funding rounds, with investors including Shenzhen Capital Group, Legend Capital, and ByteDance. As of July 2026, the company's valuation has reached approximately $2.8 billion, and it was reported as the first embodied AI company in the Greater Bay Area to break a 20 billion RMB valuation.
Primary type & automation activities this supplier delivers:
Wheeled dual-arm general-purpose robot powered by WALL-A foundation model for multi-step manipulation tasks.
Next-generation wheeled humanoid-form robot with higher DOF and enhanced dexterous manipulation for complex environments.
Contact X Square Robot
WEBSITE
https://x2robot.comPHONE
+86 17763012059HEADQUARTERS
China
Company Facts
Founded
2023
Primary Role
Manufacturer
Company Size
employees 100-500
Primary Region
Asia-Pacific
Annual Sales
-
Funding Stage
-
Funding Total
-
The robotics industry is witnessing a transition from showcasing humanoid robots to practical deployments. At Unitree Robotics' booth, bipedal robots demonstrated impressive skills in activities like table tennis and combat, showcasing advancements in speed and balance. However, other exhibitors highlighted robots that efficiently sorted parcels and moved materials, emphasizing functionality over form. This shift is significant as it reflects a growing preference for robots that can perform specific tasks effectively. Yang Li, a senior engineer at X Square Robot, questioned the necessity of bipedal designs, noting that their two-armed WALL-B model sorted 1,816 packages in a controlled test, outperforming the bipedal Figure 03 robot from Figure AI, which managed 1,248 parcels per hour. This trend indicates a move towards more practical robotic solutions in various industries. Looking ahead, the focus on efficiency and task-oriented designs is likely to continue shaping the robotics landscape. With companies like AI2 Robotics showcasing versatile wheeled robots capable of making coffee and ice cream, the industry may prioritize robots that can adapt to different functions over traditional humanoid forms. No further timeline was disclosed at the time of publication.
SCMPTech Aug 23, 2026X Square Robot, a Chinese startup, has announced the rollout of robot arms designed to sort parcels in logistics warehouses. This technology aims to match human sorting speeds, addressing the growing demand for efficient parcel handling as the industry processes approximately 200 billion parcels annually. The introduction of these robot arms is significant as it represents a shift towards automation in logistics, potentially improving operational efficiency and reducing reliance on human labor. The deployment of such technology is timely, given the increasing volume of parcels being handled in warehouses, which necessitates faster sorting solutions. Looking ahead, the technology was unveiled at the 2026 World Robot Conference in Beijing on August 19. No further timeline was disclosed at the time of publication, but the industry will be watching closely to see how X Square Robot's innovations impact logistics operations and workforce dynamics.
Nikkei.com Aug 21, 2026X Square Robot is showcasing its complete portfolio of embodied AI technologies at the World Robot Conference 2026 in Beijing. The Shenzhen-based company is presenting applications that include logistics automation, dexterous manipulation, and household robotics, with a focus on its WALL-B embodied AI foundation model and advanced robotic hardware. This exhibition is significant as it follows a successful livestream demonstration where X Square Robot processed 1,816 parcels with over 98 percent accuracy. At WRC, the company is broadening its scope beyond logistics to illustrate how embodied intelligence can be applied across various physical systems and environments, emphasizing versatility in robotic applications. Attendees can expect to see demonstrations that challenge the robots with complex tasks, such as flower arranging and fan handling, which require advanced manipulation and understanding of natural language instructions. These showcases will highlight the adaptability and precision of X Square Robot's technologies in dynamic environments. No further timeline was disclosed at the time of publication.
RoboticsAndAutomationNews.com Aug 19, 2026 Events News Robotics Warehouse robots artificial intelligence dexterous roboticsShenzhen's X Square Robot achieved a remarkable feat by sorting 1,816 parcels in a single hour using basic grippers. This performance surpassed its self-imposed target of 1,248 parcels, which aligns with Figure AI's sustained hourly average. This accomplishment is significant as it highlights the capabilities of X Square Robot in the logistics sector, showcasing how advanced automation can enhance efficiency in parcel sorting. The ability to exceed established benchmarks demonstrates the potential for increased productivity in warehouse operations. Looking ahead, industry observers will be keen to see how X Square Robot continues to innovate and improve its sorting capabilities. No further timeline was disclosed at the time of publication.
PanDaily.com Aug 14, 2026Unitree's recent IPO, priced at 150.80 yuan with a market cap of 60.99 billion yuan, has established a new valuation standard for Chinese humanoid robot companies. This significant financial milestone will influence how other firms, including DeepRobotics, Leju, DOBOT, AgiBot, Zhongqing, and X Square Robot, are valued as they prepare for their own public offerings. The implications of Unitree's IPO are profound, as it resets the expectations for market valuations within the robotics sector in China. Companies now seeking to enter the A-share or Hong Kong exchanges will find themselves measured against Unitree's impressive figures, which could affect their pricing strategies and investor perceptions. Looking ahead, the performance of Unitree's stock will be closely monitored, as it may impact the timing and pricing of upcoming IPOs from other robotics firms. No further timeline was disclosed at the time of publication.
PanDaily.com Aug 11, 2026X Square Robot has unveiled HOST, an open-sourced inference-time learning framework that allows humanoid robots to learn from a brief 29-second human demonstration. This innovative approach enables the robot to replicate the demonstrated skill with a success rate of 62 percent, marking a significant shift in how embodied AI systems are designed. The introduction of HOST is crucial as it transitions the learning process from traditional offline fine-tuning methods to real-time imitation. This advancement not only enhances the efficiency of skill acquisition for humanoid robots but also opens new avenues for their application in various tasks, making them more adaptable in dynamic environments. Looking ahead, the implications of HOST could reshape the landscape of humanoid robotics and AI learning. As the technology evolves, it will be important to monitor further developments and potential enhancements in the success rate and application scope of humanoid robots utilizing this framework. No further timeline was disclosed at the time of publication.
PanDaily.com Aug 10, 2026X Square Robotics, a company specializing in embodied intelligence, has reportedly submitted a confidential IPO application to the Hong Kong Stock Exchange. The company has not yet made an official statement regarding this application. Earlier this year, co-founder and COO Yang Qian revealed plans for an IPO in 2026, although specific details about the listing location and fundraising scale were not disclosed. The company is reportedly aiming to raise approximately $500 million (around 3.9 billion HKD) and has engaged in preliminary discussions with several investment banks. Founded in December 2023, X Square focuses on developing a general-purpose embodied intelligence model trained on real-world data, aiming to create robots with fine manipulation capabilities. It is one of the early adopters of a fully end-to-end technology path in this sector. In recent months, X Square has made significant strides in commercialization, including a partnership with 58 Daojia to launch a home cleaning robot service in Shenzhen. The company has also secured multiple rounds of funding, with a post-investment valuation exceeding 20 billion RMB. As the embodied intelligence sector heats up, 2026 is anticipated to be a pivotal year for IPOs in this field, and X Square's potential listing could mark a significant event in the industry.
leaderobot.com Aug 07, 2026 Embodied Intelligence Robotics IPO AutomationChinese start-up X Square Robot has confidentially submitted its initial public offering (IPO) application in Hong Kong, according to sources. This move aligns with a trend of domestic robotics companies seeking capital despite facing new US trade restrictions. The Shenzhen-based company has engaged Huatai Securities and Morgan Stanley as sponsors for its IPO. This filing comes as other Chinese robotic manufacturers, including Unitree Robotics, are also pursuing IPOs, reflecting a robust interest in capital markets within the sector. Investors should monitor the developments surrounding X Square Robot's IPO and the broader implications for the Chinese robotics industry. No further timeline was disclosed at the time of publication.
SCMPTech Aug 05, 2026At WAIC 2026, world-model and VLA camps staked rival paths to generalist robots; Zhiyuan, SenseTime and NVIDIA predict a robot 'ChatGPT moment' in 2-5 years.
ByThomas Siew Aug 03, 2026X Square Robot, a Chinese company focused on embodied AI, is pioneering an integrated stack for general-purpose robots. This stack combines data learning, a world model for predicting physical changes, and an action model that integrates perception, planning, reasoning, and decision-making. The company emphasizes the importance of quality interaction data over sheer quantity, utilizing its Universal Manipulation Interface (UMI) to enhance data collection. The significance of X Square Robot's approach lies in its potential to unify various aspects of robotic intelligence, addressing the fragmented nature of current systems. By prioritizing interaction quality and establishing a closed inspection loop for data validation, the company aims to create a more effective learning environment for robots. This method not only reduces costs but also enhances the reliability of the training data, which is crucial for developing general-purpose robots capable of performing diverse tasks. Looking ahead, X Square Robot's WALL-WM world model represents a shift towards event-based action prediction, allowing for more coherent and context-aware robotic behavior. As the company continues to refine its models and data collection methods, the broader robotics community will be watching for independent validation of its results and the potential implications for the future of general-purpose robotics.
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ByLeona Tang Jul 10, 2026The robotics industry is undergoing a transformation due to the swift advancement of embodied artificial intelligence, prompting companies to innovate machines that can tackle diverse real-world tasks instead of being limited to single functions. Notably, Shenzhen-based X Square Robot has emerged as a key player in this competitive landscape, successfully completing four consecutive financing rounds. This funding achievement underscores the growing interest and investment in versatile robotic technologies, as firms strive to enhance their capabilities and meet the increasing demand for intelligent automation solutions.
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