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LimX Dynamics raised 500 million RMB in a Series A financing round led by Alibaba Group to support the development of full-size humanoid robots.

Mar 06, 20255 months ago

Amount Raised

¥500 Million

Round Type

series a

ShenzhenIndustrial AutomationRoboticsManufacturing

Investors

Alibaba Group Holding Limited

Description

LimX Dynamics has completed a Series A+ financing round, raising a total of 500 million RMB. The funding received strategic support from major institutions, including Alibaba Group Holding Limited.

Company Information

Company

LimX Dynamics

Location

Shenzhen, Guangdong Province, China

About

LimX Dynamics is a Chinese company that specializes in the development of full-size humanoid robots, as well as four-wheeled and bipedal robots. The company's robots can be utilized in various areas such as smart manufacturing, industrial inspections, logistics and distribution, household services, and numerous other business-to-business or business-to-customer fields.

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