PHYMI lands nearly $100 mln seed funding for embodied AI development

Embodied AI startup PHYMI has raised nearly $100 million in its seed round. The round is led by IDG Capital, joined by Yunqi Partners, Didi, Fosun RZ Capital, Gaorong Capital and Hesai Technology.

Founded in March 2026, PHYMI is headed by Liu Nianqiu, ex-technical partner and director at DeepRoute.ai. He took part in China’s high-level autonomous driving industry’s key journey from L4 R&D to mass production.

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