Xieyue Intelligence Secures Angel+ Funding to Build Home Embodied AI Foundation Model
Hangzhou Xieyue Intelligence Technology has closed a multi-hundred-million-yuan Angel+ financing round backed by Linear Capital, Junshan Capital, Hongyi Capital and Yinshan Capital; founded in February 2026 by former Li Auto AI chief scientist Chen Wei and ex-Li Auto product line president Zhang Xiao, the firm focuses on embodied foundation models for home robots, boasting a core team with cross-domain expertise in large models, AI infrastructure, robot control, product and supply chain, and plans to advance model training, computing and data infrastructure.
the 2026 Bund Summit




