Chinese humanoid robot developer Agibot has completed a new round of strategic financing, drawing investment from South Korea’s LG Electronics and Mirae Asset, according to reports by Reuters and Yicai Global.
The investment marks LG’s first move into the “embodied intelligence” sector – an area encompassing humanoid robots and AI systems that interact physically with the real world.
It also represents the first global investment from the Mirae Asset-LG Electronics New Growth Fund, which focuses on emerging technologies. Agibot did not disclose the amount raised or the valuation implied by the funding round.
Agibot has quickly emerged as one of the most high-profile companies in China’s humanoid robotics sector.
Earlier this year, the company’s robots were demonstrated to Chinese President Xi Jinping during a visit to Shanghai, underscoring its prominence within the country’s push to advance intelligent manufacturing.
The latest financing follows what Yicai Global describes as at least ten prior funding rounds, backed by a range of major Chinese investors including Tencent, BYD, JD.com, SAIC Motor, BAIC Group, and TCL.
This growing list of backers suggests Agibot is seen as a leading contender in the race to commercialize humanoid robots for industrial and service applications.
The company has not publicly detailed how the new capital will be used, but the involvement of global strategic partners like LG Electronics could signal ambitions beyond the Chinese market.
LG’s interest in embodied AI reflects a broader shift among electronics and consumer technology firms toward robotics and automation as long-term growth opportunities.
While few technical details about Agibot’s robots have been released in this latest announcement, the company is known for developing bipedal humanoid robots designed to perform a range of tasks in complex environments.
The lack of disclosed financial figures leaves some questions unanswered, but the calibre of investors involved suggests growing confidence in Agibot’s roadmap and commercial viability.
Both Reuters and Yicai Global cited statements from Agibot confirming the investment and naming the participants. Agibot has yet to publish a formal press release on its website or public channels.
