Zhejiang physical AGI startup NEXFORM raises seed funding

NEXFORM, a Zhejiang-based physical artificial general intelligence (AGI) company, said it has completed a seed round worth tens of millions of yuan. Investors included Gobi Partners, Zheda Youchuang and others.

Zhejiang physical AGI startup NEXFORM raises seed funding

Founded in 2023, NEXFORM is led by an expert team from the Robotics Institute of Zhejiang University and was incubated by the Tianmu Laboratory at Zhejiang University’s Xinchang Joint Innovation Center. It focuses on general-purpose embodied robots, key components and embodied intelligence application solutions.

Its products include the SE seven-axis robotic arm and W1 commercial-grade interactive embodied operation robot.

NEXFORM has signed cooperation agreements with several hotel groups and property management companies, with cumulative contract value reaching several hundred million yuan and covering more than 100 million square meters of property, the company said.

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