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China's DareRobot raises nine-figure yuan in Pre-A+ funding round

Chinese industrial robotics startup DareRobot said it has raised a nine-figure yuan amount in a Pre-A+ funding round, without disclosing the exact figure. Investors included Fosun RuiZheng, Qingshi Asset Management, Zhengxi Capital, Xigao Investment, Bozhong Precision Industry and Suzhou Venture Capital, the company said. DareRobot, founded in 2022, makes intelligent cutting, grinding, welding and coating robots for heavy-industry sectors including defense, steel, marine and shipbuilding, and energy equipment. It targets automation in complex workpieces and high-mix, low-volume production. The proceeds will mainly fund research and development of core embodied-AI technologies for heavy industry, robot product upgrades and market expansion, the company said.

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