Astribot completes new RMB 1 billion funding round at RMB 15 billion valuation

Embodied intelligence company Astribot recently completed a new funding round of RMB 1 billion at a valuation of RMB 15 billion, led by Toukong Donghai (Shenzhen Investment Holdings), with participation from Hongtai Fund, Ninghai Xingta ihe Fund, Shanheng Capital and others, and follow-on investment from existing shareholder Xianmu. The funds are planned for model iteration, talent expansion, commercialization, and production capacity building.