Zhongqing Robotics Raises M in Series B, Valuation Exceeds 10 Billion RMB
Zhongqing Robotics Closes M Series B Round, Valuation Breaks 10 Billion RMB
Zhongqing Robotics (众擎机器人) has completed a million Series B funding round, pushing the company's valuation past 10 billion RMB (.4 billion), making it the latest Chinese humanoid robotics startup to achieve unicorn status.
Funding Details
- Round: Series B
- Amount: million (approximately 1.45 billion RMB)
- Lead Investor: Henan Investment Group's Huirong Fund
- Strategic Investors: Luxshare Precision (立讯精密), plus 10+ institutional and government-backed investors
- Continuing Investors: Multiple existing backers including STAR SINO and others
About Zhongqing Robotics
Zhongqing Robotics focuses on developing humanoid robots with applications in manufacturing, logistics, and service industries. The company represents the growing wave of Chinese robotics startups attracting significant capital amid the global humanoid robotics race.
Industry Context
This funding round highlights several trends in the robotics industry:
- Government backing: Chinese state investment funds are actively supporting strategic technology sectors
- Corporate strategic investment: Luxshare Precision's involvement signals supply chain integration
- Consortium model: The round involves multiple institutional investors, government platforms, and family offices
- Valuation compression recovery: The 10+ billion RMB valuation suggests renewed investor confidence in hard tech
Global Humanoid Robotics Race
The investment comes as companies worldwide — including Tesla (Optimus), Figure AI, Boston Dynamics, and Agility Robotics — compete to commercialize humanoid robots. Chinese companies like Unitree (宇树科技), Fourier Intelligence, and now Zhongqing are positioning themselves as key players in this market.
Source: 36Kr, April 9, 2026