Wolong, a Chinese provider of electric motors and driving solutions, said on August 5 that "the company provides Tesla with robot production lines." In order to avoid misleading investors, the company issued a clarification on August 7.
Geek+, a logistics industry robot company, announced on August 8 its completion of a new round of financing totaling $100 million. The investors were Intel Capital, Vertex Growth Fund and Qingyue Capital.
A new-generation four-legged robot developed by Tencent’s Robotics X Lab was released on August 8. Named Max, the new robot shows good maneuverability and can move accurately on complex terrain.
SpeedBot Robotics announced on July 20 that it had completed a round B of financing totaling 300 million yuan ($44.4 million), which was exclusively led by Matrix Partners.
Collaborative robot manufacturer JAKA Robotics announced on July 20 that it has obtained about 1 billion yuan ($148.2 million) in round-D financing.
Shenzhen-based intelligent robot enterprise AKA Robotics has completed an A round of financing. The financing round was led by Legend Capital.
On July 12, XPeng Motors’ subsidiary company PXing announced the completion of a round A of financing worth more than $100 million.
Recently, China's first all-electric shared EV charging robot system developed by the State Grid Suzhou Power Supply Company was put into operation in Suzhou, Jiangsu Province.
Service robot developer Xianglu Technology announced on Monday that it had received several hundred million yuan in a pre-A round of financing led by Tencent and IDG Capital, followed by existing shareholder Source Code Capital.
Beijing KEYi Technology Co., Ltd., an educational and entertainment robot company for consumer use, announced on Tuesday its completion of a new round of financing. The leading investor was Anker Innovations.
Neptune Robotics announced on Friday it has completed round-A financing totaling 100 million yuan ($15.4 million). The leading investor was Sequoia China, while co-investors were Matrix Partners and SOSV.
Harbinger Robots has recently completed pre-A round financing from lead investor Sequoia China Seed Fund and co-investor Linear Capital, which also participated in the firm's angel round.
A Chinese firm called "Fair Robotics" has recently received over $50 million in round-B financing led by Source Code Capital, along with joint investment from Alibaba and Meituan-backed Long-Z.
MaxRock Robot AI Technology (Beijing) Co., Ltd. announced its completion of an angel round and Pre-A round of financing, amounting to a total of nearly 100 million yuan ($15.78 million).
Chinese health technology firm PeroPure has successively completed Pre-A and Pre-A+ rounds of financing, with investment from DCM and ZhenFund, respectively.