Astribot completes RMB 1 billion new funding round at RMB 15 billion valuation, four rounds in six months

Astribot has completed a new funding round of RMB 1 billion at a valuation of RMB 15 billion, led by Shenzhen Investment Holdings' Donghai Investment. The funds are planned for model iteration, talent expansion, commercialization, and production capacity buildout. The company claims to be the world's first to achieve mass production of rope-driven AI robots, with capacity raised to the 10,000-unit level; its next-generation humanoid robot T1 began shipping in June 2026, bringing high-precision manipulation robots into the RMB 90,000 price range, and its foundation model Lumo-2, released in July, ranked first among participating models in the combined performance across three dimensions in more than 22 real-robot evaluations.