Insider Brief
- Robotera closed a Series A+ round of nearly RMB 1 billion (about USD 140 million), led by Geely Capital with participation from BAIC Capital and existing strategic investors including Alibaba Group and Haier Capital.
- The company plans to use the funding to accelerate development and scale production of its bipedal humanoids, wheeled service robots and dexterous hands, supported by supply-chain access from automotive and electronics-sector backers.
- Founded in 2023, Robotera reports early deployments with major global technology companies and is positioning the new capital to compete in the increasingly crowded market for general-purpose robotics.
Chinese humanoid robot maker Robotera closed a Series A+ round totaling nearly RMB 1 billion, or about USD 140 million. According to the company, the funding, completed Nov. 20 and led by Geely Capital with participation from BAIC Capital, adds to an investor roster that already includes Alibaba Group and Haier Capital.
The company said it plans to use the capital to speed development cycles and move its lineup of bipedal robots, wheeled service robots and dexterous hands into broader production. Investors tied to China’s automotive and consumer-electronics supply chains are expected to give Robotera access to manufacturing resources and real-world deployment channels, particularly as companies seek flexible automation amid rising labor costs.
Founded in 2023, the startup has pushed aggressively into commercial partnerships, reporting deployments with many of the world’s largest technology companies. Its full-size humanoid platforms have been tested in varied environments, including outdoor navigation and athletic-style mobility benchmarks, while its direct-drive robotic hand has gained traction among research labs focused on reinforcement-learning and manipulation tasks, Robotera indicated.
The funding arrives as capital continues to concentrate around companies pursuing general-purpose robotics, a field drawing scrutiny as startups race to convert laboratory demonstrations into scalable products. For Robotera, the latest round provides a capital buffer to expand production and refine systems as competition intensifies in both domestic and global markets.
Image credit: Robotera
