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Deep Robotics completes Series C financing of 500 million yuan led by China Merchants Capital and China Asset Management. The embodied AI robotics firm plans 2.5 billion yuan IPO fundraising on STAR Market.
Huaying CapitalBeijing Robot Industry Development Investment FundCCTV Converged Media FundQianhai ArkDachen CaizhiShoucheng HoldingsZhejiang University FoundationSmic PeYunhui CapitalChina Unicom fundsChina Telecom fundsChina Asset ManagementChina Merchants Capital
Description
Hangzhou Deep Robotics Co., Ltd. announced the completion of a Series C financing round raising over 500 million yuan, jointly led by China Merchants Capital and China Asset Management. The round included strategic investments from China Telecom and China Unicom funds, along with participation from Yunhui Capital, SMIC PE, Zhejiang University Foundation, and other investors. Existing shareholders including Dachen Caizhi, Qianhai Ark, and CCTV Converged Media Fund continued their support
Company Information
Company
Deep Robotics
Location
Hangzhou, Zhejiang, China
About
Deep Robotics is a national high-tech enterprise focused on the research, development, production, sales, and service of quadruped and humanoid robots. The company emphasizes innovation in embodied intelligence technology and aims to integrate technology with various industry applications. Recently, it launched the Lynx M20, a wheeled-legged robot designed for challenging environments. Deep Robotics operates with a commitment to independent innovation and has developed a comprehensive technology system.
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