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Galbot Raises About $362M USD in New Funds, Becomes China’s Highest-Valued Unlisted Humanoid Robotics Firm

Credit: Galbot

Insider Brief

  • Galbot raised about $362 million in a new funding round, reinforcing its position as China’s highest-valued unlisted humanoid robotics company, according to Pandaily, Caixin Global and Gasgoo.
  • Investors include the National AI Industry Investment Fund, Sinopec, CITIC Investment Holdings and SAIC Financial Holdings, marking what Pandaily described as the first national-level fund investment in a Chinese embodied intelligence company.
  • Founded in 2023, Galbot develops end-to-end embodied AI systems and reports several thousand industrial robot orders, with its dual-arm Galbot S1 already operating autonomously in CATL battery plants under real production conditions.

Galbot has raised about $362 million, in a new funding round, reinforcing its position as China’s highest-valued unlisted humanoid robotics company, according to media outlets Pandaily, Caixin Global and Gasgoo.

Investors include the National AI Industry Investment Fund, Sinopec, CITIC Investment Holdings, BOC Asset Management and SAIC Financial Holdings, among others, with several existing shareholders increasing their stakes. Pandaily reported the deal marks the first time a national-level fund has invested in an embodied intelligence company in China, pushing Galbot to the top of the sector in cumulative funding.

In December, Galbot raised more than $300 million, AI Insider reported.

Founded in 2023 by Wang He, a Peking University researcher and former Stanford scholar, Galbot focuses on end-to-end embodied AI systems spanning perception, control and actuation. The company’s team draws from institutions including Peking University, Tsinghua University and Stanford.

Pandaily reported Galbot has secured partnerships with industrial groups including Contemporary Amperex Technology Co. Ltd., Bosch, Toyota, BAIC and SAIC, with cumulative orders reaching several thousand units. Its flagship Galbot S1 industrial robot, designed for heavy-duty manufacturing environments, supports dual-arm payloads of up to 50 kilograms and is built to operate in harsh factory conditions. The robot is already operating autonomously in CATL battery plants under real production conditions.

Greg Bock
About the author
Greg Bock

Greg Bock is an award-winning investigative journalist with more than 25 years of experience in print, digital, and broadcast news. His reporting has spanned crime, politics, business and technology, earning multiple Keystone Awards and a Pennsylvania Association of Broadcasters honors. Through the Associated Press and Nexstar Media Group, his coverage has reached audiences across the United States.

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