Chinese embodied AI startup AI2 Robotics has raised 1.2 billion yuan ($144.7 million) in Series B funding, bringing its valuation to 10 billion yuan ($1.4 billion). Investors include Baidu, state-owned train manufacturer CRRC, fintech provider Yusys Technologies, tire maker Sentury Tire, and brokerage Guotai Haitong Securities.
Founded in 2023 by Yangdong Eric Guo, former chief scientist at electric vehicle maker XPeng and smartphone maker Oppo, the Shenzhen-based company develops wheeled humanoid robots integrating proprietary foundation models with machine learning and hardware. The AlphaBot series uses the company’s Global and Omni-body Vision-Language-Action model for full-space understanding, whole-body coordination, and complex task reasoning.
The AlphaBot 2 performs tasks ranging from sorting and labeling in semiconductor facilities to material handling in automotive manufacturing. The company plans to expand into community services, healthcare, elder care, and household applications.
Robots are deployed across retail, public service, biotechnology, automotive, and semiconductor manufacturing. Display maker HKC has ordered 1,000 robots as part of a deployment plan worth approximately 500 million yuan. AI2 Robotics plans to expand production from 1,000 units in 2025 to 10,000 units in 2026.
The company aims to accelerate global adoption of general-purpose robots, making them as accessible as smartphones.
