Sunday · November 1, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

Business & Markets · Startups

Report: Chinese Humanoid Robotics Company Cedarobo Raises $14M USD in New Funding Round

(Credit: Cedarobo)

Insider Brief

  • Cedarobo raised about $14 million in a new funding round backed by Shenzhen Capital Group, Vertex Ventures, Qianhai Ark, Origin Yuan, Lightspeed China Partners, Kunlun Capital and Rongyi Investment, according to Gasgoo.
  • The round follows a separate $14 million raise in late 2025, marking two financings in roughly three months with repeat backing from Shenzhen Capital Group.
  • The company is developing consumer-focused embodied robots and plans to use the funding to advance product development and scale manufacturing as it moves toward commercialization, Gasgoo reported.

Chinese humanoid robotics company Cedarobo has raised about $14 million USD in a new funding round backed by Shenzhen Capital Group, Vertex Ventures, Qianhai Ark, Origin Yuan, Lightspeed China Partners, Kunlun Capital and Rongyi Investment, according to Chinese automotive news site Gasgoo.

The raise follows a separate $14 million USD round closed in late 2025, co-led by InnoAngel Fund and Kunzhong Capital, marking two financings within roughly three months with Shenzhen Capital Group participating in both rounds.

Cedarobo, which began operating independently in 2025 and is led by CEO Cai Youfei, a former vice president of R&D at RoboSense and product director within XPENG’s ecosystem, and a CTO who previously served as a technical lead at Tencent AI Lab, Gasgoo noted. The broader team includes engineers from DJI, Huawei, Tencent and XPENG, reflecting a concentration of experience in robotics, AI systems and high-performance hardware.

Cedarobo is focused on developing and mass-producing embodied intelligence robots, with an emphasis on bringing consumer robotics into everyday use and building a broader industrial ecosystem around the technology. Gasgoo noted the company has developed a multi-functional consumer robot built on proprietary embodied AI models, combining 3D perception, multimodal interaction and autonomous control. The platform integrates high-speed vision systems, V-SLAM positioning and custom motor and chassis design to support real-time navigation and interaction.

The funding is expected to support continued product development and scale manufacturing as the company moves toward commercialization, according to Gasgoo.

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.

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.