Fund Raising
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Noetix Robotics gets CATL-linked backing in push for affordable humanoids
The funding round follows rival Galbot's record-breaking 2.5 billion yuan financing, highlighting the accelerating investment boom in China's embodied intelligence sector.
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Chinese robotics startup Galbot secures major state backing to scale AI models
Galbot has completed a new round of financing worth 2.5 billion yuan ($363 million), led by state-backed capital.
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AI firm ModelBest raises multi-million yuan round led by China Telecom
China Telecom will leverage its strengths in cloud computing and computing power networks to engage in deep business collaboration with ModelBest.
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Chinese AI startup StepFun reportedly plans Hong Kong IPO, potentially raising up to $500 million
With capital markets showing strong demand for China's AI boom, StepFun could list as early as this year.
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Chinese robotics maker AI² Robotics completes Series B funding in a show of investor enthusiasm for humanoid robotics market
AI² Robotics has completed 12 funding raises over the past year, with its valuation officially surpassing RMB 10 billion.
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Moonshot nears completion of new funding round, valuation surpasses $10 billion
Moonshot's latest two funding rounds collectively exceeded $1.2 billion, setting a new single-round financing record in China's AI large-model space over the past year.
