X-Humanoid closes first market financing of over CNY700M
Beijing Innovation Center of Humanoid Robotics completed its first market-oriented financing at more than CNY700 million; CNY700 million is retained as a lower bound, not an exact amount.
Evidence notes
- The first market-oriented financing exceeded CNY700 million; CNY700 million is a disclosed lower bound rather than an exact round amount.
- Investors included Beijing AI Industry Investment Fund, E-Town Capital, Beijing High-Tech Industry Development Investment Fund and TH Capital, with Baidu and Kyland Technology participating strategically.
- Proceeds were allocated to iteration and scaled promotion of the Tiangong robot platform and Huisi Kaiwu embodied-intelligence platform.
Company context
Beijing-based humanoid robotics innovation center developing the Tiangong humanoid platforms, embodied-intelligence systems and open developer infrastructure for humanoid manipulation, locomotion and industrial pilots.