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Beijing humanoid robotics hub raises $100m
Beijing Innovation Center of Humanoid Robotics Co. Ltd. has raised more than 700 million yuan (US$100 million) in its first funding round.
The round included investments from state-backed funds such as the Beijing Robotics Industry Development Investment Fund, E-Town Capital, and the Beijing Gaojingjian Industrial Development Investment Fund, along with TH Capital.
Strategic investors also included Baidu and Kyland Technology, an industrial internet provider.
The funding aims to accelerate the development of embodied AI technologies.
🔗 Source: Caixin
🧠 Food for thought
Implications, context, and why it matters.
A US$100 million round backs a state-run humanoid robotics center
- The Beijing Innovation Center of Humanoid Robotics Co. Ltd. is a state-backed hub set up to bring humanoid robots into industrial use. It is registered in the Beijing Economic-Technological Development Area (Beijing E-Town) and was built with companies that make complete robots, core components, and large robot models 1.
- The money supports products such as the Tiangong robot, described as the world’s first full-size, pure electric-drive running humanoid robot. Tests put its running speed at 12 kilometers per hour 2.
- Tiangong runs on the Huisi Kaiwu universal embodied AI platform, developed by the Beijing Innovation Center of Humanoid Robots 3. The center also opened a pilot manufacturing and validation platform that helps move humanoid robots from small-batch prototypes to larger-scale production 4.
China’s policy push targets a broader humanoid robotics network
- The investment fits into a national plan to build an early-stage innovation system for humanoid robots by 2025, based on a Ministry of Industry and Information Technology guideline 1.
- The center has released Tiangong materials such as design documents and software development interfaces (APIs). An industry report that compiled public information says hundreds of institutions have built add-ons and improvements on top of Tiangong 2.
- Beijing has added shared resources that include a national robot inspection and testing platform plus a national robot standardization technical committee. Officials have also said Beijing will soon set up a Beijing robot industry development fund 1.
- The plan seeks a national supply chain that could move faster than rivals that depend on split, company-by-company corporate research and development (R&D) work.
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