Humanoid robot maker Galbot raises RMB 2.5 billion · TechNode

Humanoid robot maker Galbot raises RMB 2.5 billion · TechNode

Galbot, a China-based humanoid robot developer focused on embodied AI models, has completed a new funding round totaling RMB 2.5 billion (about $350 million). Investors include the China Integrated Circuit Industry Investment Fund, Sinopec, CITIC-affiliated investment entities, SAIC Motor’s financial arm, among others. Existing shareholders also participated in the round. The company said it will use the proceeds to further develop its embodied …

Galbot Secures Another 2.5 Bn Yuan in Strategic Financing, Solidifying Leadership in China’s Humanoid Robotics Sector - YT FINANCE

The post Galbot Secures Another 2.5 Bn Yuan in Strategic Financing, Solidifying Leadership in China’s Humanoid Robotics Sector appeared first on YT FINANCE.