Fund Raising

  • DeepSeek reportedly launches first funding round at over $10 billion valuation

    DeepSeek, which has repeatedly rejected venture capital, now plans to raise no less than $300 million in external funds.

  • Chinese embodied AI startup Tars raises $455 million in Pre-A funding round

    The funding sets a record for the highest single financing round in China's embodied AI industry.

  • D-Robotics completes $150 million Series B2 funding less than 1 month after its last raise

    D-Robotics has closed a $150 million Series B2 funding round, bringing its total Series B funding to $270 million.

  • Chinese robotics startup Galaxea secures new funding to scale up production

    The latest 2 billion yuan funding comes just two months after Galaxea completed a nearly 1 billion yuan Series B round in February.

  • Two-month-old SynapX lands $50 million funding for physical AGI

    SynapX announced on Friday the completion of a nearly $50 million initial funding round, less than two months after its establishment in January.

  • Kimi maker Moonshot valuation set to quadruple to $18 billion amid AI frenzy

    Moonshot is seeking to raise up to $1 billion in an expanded funding round, which would value it at about $18 billion, Bloomberg reported.

  • 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.

  • 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.

  • 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.

  • 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.