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chinese robotics startups

Beijing startup Noetix Robotics launches ‘consumer-grade humanoid robot’ at $1,400

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Beijing-based robot-maker Noetix Robotics has announced the upcoming pre-sale of its latest humanoid robot, named “Bumi”, at a breakthrough price of ¥9,998 (approximately $1,400), making it the first high-performance humanoid robot in China to dip below the ¥10,000 mark.

Standing at approximately 94 cm tall and weighing roughly 12 kg, Bumi features a 48 V battery with over 3.5 Ah capacity (yielding 1 to 2 hours of run time) and is capable of walking, running and dancing motions.

The company says the robot supports drag-and-drop graphical programming for children, and voice interaction for companion and educational scenarios. [Read more…] about Beijing startup Noetix Robotics launches ‘consumer-grade humanoid robot’ at $1,400

Alibaba leads $140 million funding round in Chinese humanoid robot start-up X Square Robot

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X Square Robot, a Shenzhen-based humanoid robotics developer, has raised the equivalent of between $100 million and $140 million in its latest financing round, according to multiple reports.

Alibaba Cloud, the artificial intelligence and cloud computing arm of Alibaba Group, led the round, which the South China Morning Post reported as a 1 billion yuan (about $140 million) Series A+ investment. CNBC, meanwhile, cited the figure as $100 million.

Other backers include CAS Investment, China Development Bank Capital, HongShan Capital Group, Meituan, and Legend Capital. The deal marks Alibaba Cloud’s first direct investment in the field of embodied intelligence. [Read more…] about Alibaba leads $140 million funding round in Chinese humanoid robot start-up X Square Robot

Galbot raises $151 million to scale embodied AI humanoid robots, partners with Bosch investment arm

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Chinese robotics startup Galaxy General Robot Co. – also known as Galbot – has raised $151 million in a funding round led by battery giant CATL and Puquan Capital, bringing its total investment to more than $330 million since its founding in 2023.

The company also announced a strategic joint venture with Boyuan Capital, the investment arm of Bosch Group, to accelerate the global commercialization of embodied AI robots.

Founded by Professor He Wang of Peking University – a Stanford-trained scientist – Galbot specializes in embodied artificial intelligence, which enables robots to perceive and interact with the physical world in a more human-like manner. The company’s technology has applications in retail, automotive, and industrial sectors. [Read more…] about Galbot raises $151 million to scale embodied AI humanoid robots, partners with Bosch investment arm