📊 Robotics & AI Investment Daily — April 30, 2026
Date: April 30, 2026
Primary Market: 9 mega-rounds (¥1B+) | Total: ~¥15B+
Public Market: 5 tracked companies
M&A / IPO: 0 events
💰 Primary Market Funding
1. Star Sea AI — Series B+ ¥2B (valuation crosses ¥20B)
Sector: Embodied intelligence / general-purpose robotics
Investors: Financial Street Capital (co-lead), CICC Capital, Puhua Capital, Hongtai Fund + 20 industrial/state/ Tier-1 PE firms¥1B); valuation doubled
Valuation: ¥20B+ — highest valuation among domestic embodied-intelligence startups
Context: Just over one month after February’s Series B (
🔴 Source: OFweek Robotics
2. TARS Intelligence — Pre-A $455M (~¥3B+)
Sector: Embodied intelligence / physical-world AI
Investors: Hillhouse Venture + Sequoia China (co-leads), Meituan Dragonball, CICC Capital, Qiming Venture Partners, Linear Capital, TCL Ventures, and 20+ others
Valuation: ~¥13B post-money
Milestone: Largest single round and largest Pre-A in Chinese embodied-intelligence history
Context: Founded February 2025; insists on full-stack self-research across data, models, and hardware; deliberately avoids VLA models
🔴 Source: OFweek Robotics
3. Dige Robotics — Series B2 $150M (Series B total $270M)
Sector: Robotics chips / embodied-intelligence compute platform
Investors: Undisclosed
Total raised: >$370M (Series A $100M + Series B $270M)
Update: RDK S600 chip already adopted by Fourier, Booster Robotics, GAC; global developer base exceeds 100K
🔴 Source: OFweek Robotics
4. Booster Robotics — Equity financing ¥1B
Sector: Bipedal humanoid / motion control
Investors: Beijing High-Precision Industry Fund, Jingguosheng Fund, Huakong Fund (co-leads); Legend Star, Shenzhen Capital, Source Code Capital, IDG and other existing shareholders re-upped
Angle: Focus on sub-1-meter small-form-factor bipedal robots; soccer as the core landing scenario
🔴 Source: OFweek Robotics
5. Qizhong Robotics — Series B $200M (valuation crosses ¥10B)
Sector: Humanoid robotics
Investors: Undisclosed
Valuation: ¥10B+ — joins the “decacorn” club
🟡 Source: East Money
6. Zibianliang Robotics — Series B ¥2B
Sector: Embodied intelligence
Investors: Xiaomi Strategic Investment + Sequoia China (co-leads)
Highlight: The only embodied-intelligence company backed by all four BATM internet giants — ByteDance, Alibaba, Meituan, Xiaomi
History: Series A (Meituan), A+ (Alibaba), A++ (ByteDance)
🔴 Source: OFweek Robotics
7. Jijia Shijie — Round closed (undisclosed amount, valuation crosses ¥10B)
Sector: World models / embodied intelligence
Update: Valuation enters decacorn territory; Maker H01 robot now scaling toward 1,000-unit annual delivery target
🟡 Source: OFweek Robotics
8. Qianxun Intelligence — New round ¥1B (second in 30 days)
Sector: Embodied intelligence
Investors: Undisclosed
Cumulative: ¥3B total following February’s ~¥2B; valuation crosses ¥20B
Date: April 7
🟡 Source: East Money
9. Shouxing Technology — Series A1, several hundred million RMB
Sector: Embodied intelligence
Date: April 7
🟡 Source: East Money
📈 Public Market Brief (2026-04-30 Close)
Leader HarmonDrive (688017.SH) — +4.24%
Close: ¥224.12 | Turnover: ¥123M
Watch: Harmonic-drive leader; capacity expanding; monitor humanoid-robot order flow
Estun (002747.SZ) — +5.14%
Close: ¥21.87 | Turnover: ¥76M
Watch: Top domestic industrial-robot player; overseas M&A integration progress; humanoid-parts positioning
Inovance (300124.SZ) — +1.49%
Close: ¥68.60 | Turnover: ¥517M
Watch: Industrial-control + servo leader; rising share of humanoid-motor business
Cambricon (688256.SH) — +20.00% (limit-up)
Close: ¥1,699.96 | Turnover: ¥1.16B
Move: AI chip demand stays white-hot; Q1 2026 earnings-beat rumors circulating
Watch: Flagship domestic AI chip; approaching break-even inflection
iFLYTEK (002236.SZ) — +1.09%
Close: ¥18.49 | Turnover: ¥136M
Watch: SparkDesk model iteration; government/enterprise AI contract execution
📊 Daily Data Snapshot
| Metric | Figure |
|---|---|
| Funding events | 9 (¥1B+ tier) |
| Disclosed total | ~¥15B+ |
| Largest single round | TARS Intelligence $455M (~¥3B+) |
| New decacorns | Qizhong, Jijia Shijie (¥10B+ valuation) |
| Hottest sector | Embodied intelligence (100% share) |
| Active investors | Sequoia China, Hillhouse, CICC Capital, Shenzhen Capital |
| Limit-up movers | Cambricon (+20%) |
| Top gainer | Cambricon (+20%) |
🎯 Today’s Key Takeaways
- The “Decacorn Club” Expands: Qizhong and Jijia Shijie join the ¥10B+ tier; head-end stratification is accelerating.
- State Capital Goes Deep: Beijing High-Precision Industry Fund, Shanghai State Investment, and other state-owned vehicles are showing up in nearly every major round.
- Big-Tech Strategic Investors All-In: Zibianliang lands BATM — a rare four-corner bet that signals internet giants view embodied intelligence as a must-win frontier.
- Public Markets Feel the Heat: Cambricon limit-up; Leader HarmonDrive and Estun both rally hard — primary-market enthusiasm is spilling into listed names.
📅 Tomorrow’s Watch List
- AgiBot AI Week follow-up (GenieSim 3.0, Genie Operator-2 market feedback)
- UBTech annual-report details (humanoid revenue ¥820M, +2,203% YoY)
- Horizon Robotics buyback progress
- U.S. Figure AI / 1X funding-rumor watch
💡 Data Notes
- Primary-market data: ITjuzi, 36Kr, Qiming Mingpian, OFweek, company announcements. Cross-checked where possible; undated/disclosed figures marked accordingly.
- Public-market data: ifind / kimi_finance (2026-04-30 15:00 China close). HK and U.S. names will be added in subsequent issues due to timezone/trading-hour differences.
- Currency: ¥ = RMB; $ = USD. Undisclosed amounts labeled “undisclosed.”
- Credibility tags: 🔴 Official / authoritative media | 🟡 Media report (single source) | 🟢 Market rumor
Disclaimer: This newsletter is for informational purposes only and does not constitute investment advice. Funding data is sourced from publicly available channels and may be delayed or incomplete. Investing involves risk; do your own diligence.
Robotics & AI Investment Daily — Your capital compass for the robotics and AI frontier.