TARS Robotics raises $120M angel round for embodied AI and humanoid robotics platform

Evidence notes
- Angel round of $120M led by Lanchi Ventures and Qiming Venture Partners with participation from Linear Capital, Hengxu Capital, Hongtai Fund, Lenovo Capital, Xianghe Capital, and Hillhouse Ventures.
- Capital was earmarked for product and technology R&D, model training, and scenario expansion.
- The round was described in coverage as a record-setting angel financing for embodied AI in China.
Company context
TARS Robotics develops embodied AI and humanoid robotics systems for industrial manipulation. Founded in Shanghai by former autonomous-systems executives, it combines model development, robot engineering, data collection and factory-oriented deployment.