Xyz Robotics Invests Tens of Millions of Yuan in Equity Financing of Moxian Technology

Moxian Technology, an embodied intelligence company based in Dongguan, has completed an equity financing round of tens of millions of yuan. Investors include Songshan Lake Industrial Investment, Clear Water Bay Fund, and Xyz Robotics, an embodied intelligence unicorn valued at over 20 billion yuan. Founded in 2021 by Kuang Zheng, a former sensor design engineer at DJI, Moxian Technology focuses on tactile sensors, electronic skin, and data-collection gloves. Its electronic skin is as thin as 0.2 millimeters and can accommodate more than 1,000 sensing points on a dexterous hand. Within the past week, Xyz Robotics also participated in the over 100 million yuan Series A+ financing of Wuxi robot joint manufacturer Juxie Intelligence, a round led by Huatai Zijin with participation from Ninebot Capital, Ecovacs, and others.