Event
Astribot raises approximately 1 billion yuan, valued at 15 billion yuan
5 reports · 3 sources
Shenzhen embodied intelligence company Astribot announced on October 13 that it completed a new funding round of approximately 1 billion yuan, led by Shenzhen Capital Group's Tookong Donghai, with participation from Hongtai Fund, Ninghai Xingtaaihe Fund, and Shanheng Capital, and follow-on investment from existing shareholder Xianmu; the post-money valuation reached 15 billion yuan. This is the company's fourth funding round in roughly the past six months, about three months after its June Series B funding (TMTPost reported that round exceeded 1 billion yuan and that the valuation surpassed 10 billion yuan); its shareholder list also includes Tencent, Ant, and ByteDance-affiliated institutions. The funds are planned for model iteration, talent expansion, commercialization, and production capacity building. The company takes a rope-driven transmission approach, replacing mainstream harmonic reducers, and has self-developed an end-to-end full-body VLA foundation model, Lumo. Its wheeled rope-driven humanoid robot T1 is priced from 89,900 yuan (89,900 yuan is the sale price; costs have not been publicly disclosed). It has secured thousand-unit-level orders from Thundersoft and Bodeng Intelligent, and the two parties plan to complete large-scale deployment of the Bodeng Intelligent order within the year. Some reports have noted that whether rope drive can support large-scale delivery and whether orders can be converted into sustained revenue remain to be verified.
Developments
- Astribot raises another 1 billion yuan, post-money valuation reaches 15 billion yuan · 4 reports
- Stardust Intelligence completes RMB 1 billion new funding round at RMB 15 billion valuation · 1 reports
Report timeline
- Astribot raises another 1 billion yuan, post-money valuation reaches 15 billion yuan
Shenzhen embodied intelligence company Astribot announced on October 13 that it has completed a new round of financing of 1 billion yuan, with a post-money valuation of 15 billion yuan. The round was led by Toukong Donghai (Shenzhen Investment Holdings), with participation from Hongtai Fund, Ninghai Xingtaihe Fund, and Shanheng Capital, and existing shareholder Xianmu increased its investment. This comes just over four months after its B-round series of more than 1 billion yuan and valuation surpassing 10 billion yuan in early June.
钛媒体 ·
- Stardust Intelligence completes new funding round of about 1 billion yuan, post-money valuation reaches 15 billion yuan
Stardust Intelligence announced on October 13 that it has completed a new funding round of about 1 billion yuan, led by Toukong Donghai (Shenzhen Investment Holdings), with a post-money valuation of 15 billion yuan, about three months after its June Series B financing. The funds will be used for model iteration, talent expansion, commercialization, and production capacity building. The company uses a rope-driven technology approach instead of mainstream harmonic reducers, and its customers span retail, culture and tourism, and industrial sectors, but the article notes that whether rope drive can support large-scale delivery and whether orders can translate into sustained revenue remain to be verified.
OFweek Robotics ·
- Stardust Intelligence completes RMB 1 billion new funding round at RMB 15 billion post-money valuation
Stardust Intelligence announced on October 13 that it completed a new RMB 1 billion funding round led by Shenzhen Investment Holdings' Tongkong Donghai, reaching a post-money valuation of RMB 15 billion; this is the company's fourth funding round in nearly half a year. The funds will be used for model iteration, talent expansion, commercialization, and production capacity building. The company uses a cable-driven transmission design and has self-developed an end-to-end full-body VLA foundation model, Lumo. It has received orders for several thousand units, its S and T series have ten-thousand-unit-level production capacity, and the T1 brings the price of high-precision manipulation robots to under RMB 90,000.
OFweek Robotics ·
- Stardust Intelligence completes RMB 1 billion new funding round at RMB 15 billion valuation
On October 13, Stardust Intelligence officially announced a new RMB 1 billion funding round, with a post-investment valuation of RMB 15 billion. The company completed four funding rounds within six months. Shenzhen Investment Holdings led the round, and Tencent, Ant Group, and ByteDance-affiliated institutions are on the shareholder list. Its T1 wheeled tendon-driven humanoid robot starts at RMB 89,900 and has secured a thousand-unit-scale industrial and commercial service order from Thundersoft. The author notes that RMB 89,900 is the sale price, not the cost, and that Stardust has taken the route of abandoning bipedal locomotion and putting robots to work first.
OFweek Robotics ·
- Astribot completes new RMB 1 billion funding round at RMB 15 billion valuation
Embodied intelligence company Astribot has completed a new funding round of RMB 1 billion, led by Tongkong Donghai (Shenzhen Investment Holdings), with participation from state-owned and financial investors including Hongtai Fund and Shanheng Capital, and follow-on investment from existing shareholder Xianmu. The company's valuation reached RMB 15 billion. This is Astribot's fourth funding round in the past six months. The funds are planned for model iteration, talent expansion, commercialization, and production capacity building, as well as continued investment in its trinity full-stack architecture.
36Kr Embodied Intelligence ·