Embodied AI funding cools: investors tighten, FA firms decline projects, valuation chain loosens

Several industry figures told HardKr that the turning point for embodied AI funding came in September this year, and NE Times statistics show that funding in the sector fell 40% in September compared with August. Three leading institutions have tightened investment, one FA said the embodied projects it received recently have halved, and some founders are facing fundraising obstacles. The article also reviews the fundraising model of assembly-style startups that drives up valuations, and mentions that Unitree's share price has fallen more than 60% from its peak after listing, and that progress in foundation models such as GPT-6 Astra is eroding the technical moats of embodied-brain companies.