Financing
4 related stories
Simplexity Robotics Raises RMB 2 Billion in Six Months to Become Embodied AI's Youngest Unicorn
Simplexity Robotics has completed 5 rounds of financing totaling 2 billion RMB in under six months, becoming the youngest unicorn in the embodied AI sector. Backed by Tencent and Alibaba, the team features ex-Li Auto executives focusing on mass production.
π*0.6 Model Breaks Imitation Learning Bottleneck; EraStellar Raises Nearly RMB 1 Billion
RobotEra secures nearly 1 billion RMB in Series A+ funding for its VLA embodied AI model. Meanwhile, the Stanford-founded startup Sunday launches home robot Memo, and PI's π*0.6 model achieves a breakthrough in Visual-Language-Action (VLA) capabilities.
Unitree Unveils 'Superstar Dog' as Founder Wang Xingxing Reflects on AI Strategy
At the 2025 Bund Summit, Unitree's Wang Xingxing expressed regret over not entering AI sooner, citing current hardware sufficiency but model limitations. Meanwhile, Unitree and Star Plus Legend unveiled the consumer-grade 'Superstar Dog,' and JD.com reported that iPhone 17 pre-orders surpassed last year's total in just one minute.
AgiBot to Take Control of Shangwei New Materials; Magic Atom Unveils Z1 Humanoid; xAI Launches Grok 4
AgiBot aims to acquire control of Shangwei New Materials, while Magic Atom releases the new bipedal robot MagicBot Z1. xAI officially launches Grok 4, and Meituan invests in Galaxea.