Insider Brief
- Shenzhen-based robotics firm EngineAI has secured approximately 1 billion yuan ($139 million) across two new funding rounds to accelerate its development of humanoid robots, DealStreetAsia reports.
- The pre-Series A++ round was led by Rocket Capital and XPeng, while the Series A1 round saw participation from JD.com, CATL Capital, Yintai Holdings, Tsinghua Holdings Capital, and existing investors like SenseCapital, Highlight Capital, and Baidu Ventures.
- Founded in 2022, EngineAI is advancing general-purpose humanoid robots powered by its proprietary SEED multimodal large model and plans to apply the new capital to R&D, AI-hardware integration, and international market expansion.
Shenzhen-based robotics startup EngineAI has raised approximately 1 billion yuan ($139.3 million) across two funding rounds to fuel its humanoid robot development, DealStreetAsia reports. The pre-Series A++ round was led by Rocket Capital, a Chinese private equity firm focused on growth-stage investments in frontier technologies, with Chinese EV maker XPeng as an anchor investor. The Series A1 round was led by JD.com, with participation from CATL Capital, Yintai Holdings, Tsinghua Holdings Capital, and existing investors including SenseCapital (SenseTime’s private equity arm), Highlight Capital, HongShan, 5Y Capital, and Baidu Ventures, according to DealStreetAsia.
Founded in 2022, EngineAI is developing general-purpose humanoid robots powered by its proprietary multimodal large model, SEED, which integrates visual, auditory, and sensory data for complex task execution in dynamic environments. The fresh capital will accelerate research and development, enhance AI and hardware capabilities, and support global market expansion in industries such as manufacturing, logistics, and healthcare.
This funding builds on EngineAI’s earlier $27.5 million Pre-Series A round led by Stone Venture in April 2023, bringing its total funding to over $166 million.
