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PaXini raised over $145 million in a Series B round, pushing its valuation above 10 billion yuan. The funding highlights the company's role in China's robotics boom amidst its IPO plans in Hong Kong.
PRIVATEJun 03, 2026•2 months ago
Amount Raised
$145 Million
Round Type
Series B
Las VegasManufacturingArtificial IntelligenceInvestors
Byd
Description
In March, PaXini Tech raised more than 1 billion yuan, approximately $145 million, in a Series B funding round. This round significantly pushed the company's valuation above 10 billion yuan. As they explore an IPO in Hong Kong, the funding reflects the rapid growth of robotics in China. PaXini specializes in haptic technology and humanoid robotics, bringing valuable solutions to the market.
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2 contactsVerified contactsJincheng X., Chief Executive Officer hidden
Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech