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China's NewFMEA raises first funding round of tens of millions of yuan

Chinese startup NewFMEA said on Saturday it has completed its first funding round of tens of millions of yuan, led by Zhongguancun Capital, with Zhongguancun Science City Company participating. Proceeds will be mainly used to build its core team, continue iterating its AI-agent platform for scientific research and its industrial-grade cross-scale intelligent computing engine, develop an automated experimental validation system, and further expand and deploy industrial application scenarios.

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  • China's Weilan Deep Sea completes new funding round

    Chinese marine robotics startup Weilan Deep Sea has completed a new funding round, with investment from Shenzhen Capital Group, Oriza Origin, Guoce Capital and other institutions, while existing shareholder Inno Angel Fund followed on, the company said. Founded in September 2021 and formerly the Weilan Deep Sea equipment team at Xi'an Jiaotong University, Shaanxi Weilan Deep Sea Information Technology Co., Ltd. focuses on marine embodied intelligent robots, specializing in marine embodied intelligence platform technology and industrial applications of underwater robots. The company aims to expand the boundaries of human ocean capabilities and replace costly and dangerous manual underwater operations, it said.

  • China's NewFMEA raises first funding round of tens of millions of yuan

    Chinese startup NewFMEA said on Saturday it has completed its first funding round of tens of millions of yuan, led by Zhongguancun Capital, with Zhongguancun Science City Company participating. Proceeds will be mainly used to build its core team, continue iterating its AI-agent platform for scientific research and its industrial-grade cross-scale intelligent computing engine, develop an automated experimental validation system, and further expand and deploy industrial application scenarios.

  • Geek+ unit to buy 20% stake in physical AI startup SEEN·E Robotics for 50 mln yuan

    Geekplus (02590.HK) said in a filing that its wholly owned subsidiary Beijing Geekplus has signed an investment agreement to subscribe for a 20% equity interest in SEEN·E Robotics after a capital increase, for 50 million yuan. SEEN·E Robotics, founded on Jan. 26, 2026, focuses on physical AI and aims to build a general-purpose embodied brain for real-world tasks. Based on the investment amount and the 20% stake, SEEN·E Robotics's post-money valuation would be about 250 million yuan.

  • Warehouse robotics startup Ultra raises $62 mln, deepens Physical Intelligence partnership

    U.S. warehouse robotics startup Ultra said it has raised $62 million and will deepen its partnership with robotics company Physical Intelligence. The financing consists of a $50 million Series A round led by Framework Ventures, with Y Combinator participating, and a $12 million seed round led by Y Combinator and Next View. Founded in June 2024 and headquartered in Brooklyn, New York, Ultra focuses on industrial and warehouse applications. Its OP1 industrial robot can load and seal various types of mailing bags and perform packing, sorting and kitting, the company said.

  • Shenzhen embodied AI startup KNOWIN raises Angel+++ round led by JD-linked fund

    Shenzhen-based consumer embodied AI company KNOWIN said it has completed an Angel+++ round worth hundreds of millions of yuan, led by a JD.com-linked fund, with Loyal Valley Capital, Nanshan Strategic Emerging Investment and Walden International participating. Proceeds will focus on expanding training data to improve GLOW's generalization across tasks, objects and home environments; deepening robot hardware R&D and advancing engineering validation and mass-production preparation for KNOWIN-X1; and recruiting senior embodied AI talent. KNOWIN has now completed five financing rounds: seed, Angel, Angel+, Angel++ and Angel+++. Its Angel++ round raised 500 million yuan, with Matrix Partners China and Redpoint China among investors. Founded in 2025, KNOWIN targets consumer home scenarios and aims to build embodied AI systems with physical bodies that can form a “perception-generation-execution-evolution” loop and interact continuously in real environments. Its folding dual-arm robot, KNOWIN-X1, is about 1.4 metres tall unfolded, 40 cm folded, weighs about 50 kg and has self-developed arms with a 6 kg payload.

  • China tactile robotics startup AGIMind Robotics raises tens of mln yuan in angel round

    Shenzhen-based tactile robotics startup AGIMind Robotics said it has raised tens of millions of yuan in an angel funding round, with investors including Lihe Capital, Hefei Industrial Investment and other institutional investors. The proceeds will be mainly used for production line construction, mass-production capacity optimization and R&D of tactile intelligent systems, the company said. Founded in 2025, AGIMind Robotics focuses on tactile sensing and fine manipulation skills for robots. It has launched the Lux visuotactile sensor series. Founder and CEO Zhang Yazhan holds a bachelor's degree from the University of Science and Technology of China and a PhD in robotics from the Hong Kong University of Science and Technology.

  • Manus parent Butterfly Effect raises over $500 mln in record China agent-native funding

    Butterfly Effect, the parent of AI agent Manus, said it has completed a new funding round of more than $500 million, the largest ever raised by a China-based agent-native startup. The round was led by Boyu Capital and IDG Capital, with existing investors Tencent, HongShan and ZhenFund also participating. The funding news follows Manus's launch of Manus 2.0 and Cue, a multi-agent group chat app, on Sept. 29. It was the company's first major update since it formally resumed independent operations on Sept. 1. Manus 2.0 uses Cascade, its in-house agent framework. The framework allows user-created projects to stay lightweight from the outset and invoke relevant specialized capabilities only when tasks actually require them.

  • Ashish Kumar, Former Tesla AI Lead Launches Robotics Startup

    Ashish Kumar, who previously led Tesla's Optimus humanoid robot AI initiative, announced the founding of a new startup focused on developing non-humanoid robots. The venture is reportedly seeking to raise approximately $100 million in funding to innovate within the robotics industry.
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