Didi and Meituan collectively increase investments! Another large funding round emerges in the robotics sector

The robotics sector sees another large funding round.

On March 16, Dipu Robotics announced the completion of a $120 million Series B1 funding round. This round brought together top industry investors, including Synstellation Capital, Didi, Meituan Longzhu, and other leading industry players. Strategic investors such as Borui Capital, Joyoung Family Office, Yongning High-tech, BAIC Industry Investment, Jiukun Venture Capital, Xinlian Capital, Yarei Capital, and top financial institutions like Jinqiu Fund, Xingrui Capital, Chuxin Capital, Gengxin Capital, and Yunbai Capital participated in the co-investment.

Meanwhile, major shareholders such as Hillhouse Capital, Vertex Growth Fund under Temasek Singapore, Linear Capital, Hexuan Capital, Huangpu River Capital, Wuyuan Capital, and Meihua Venture Capital also participated with oversubscriptions.

According to reports, this funding round gathered industry giants, core strategic investors, and top-tier institutions, fully supporting Dipu Robotics’ full-stack hardware and software technology development and product iteration. It aims to solidify the native technology foundation of embodied intelligence through soft-hard synergy and integrated edge-cloud systems, driving the industry toward a new cycle of large-scale and inclusive development with systematic infrastructure.

Dipu Robotics was founded in January 2024, spun off from Horizon Robotics’ robotics division. The company focuses on general-purpose hardware and software platforms for robotics, aspiring to become the “Wintel of the robot era.” It is dedicated to providing comprehensive development infrastructure for cutting-edge embodied intelligence research, consumer robot applications, and innovation development for small and medium-sized entrepreneurs and individual developers.

The company targets three major markets: “mass-produced robot products, ubiquitous robotic innovation applications, and general embodied intelligent robots for the future.” It has built a complete product system from chips and algorithms to software, with a full range of computing power from 5 to 560 TOPS. The product lineup covers all scenarios, including humanoid robots, wheeled and legged robots, quadruped robot dogs, service and companion robots, and logistics AMRs. It also connects the entire chain from technological innovation to mass production.

On May 28, 2025, Dipu Robotics announced the completion of a $100 million Series A funding round, with investments from Hillhouse Capital, Wuyuan Capital, Linear Capital, Hexuan Capital, Vertex Growth Fund, and Meihua Venture Capital. In December of the same year, the company raised several hundred million dollars in a Series B round led by Prosperity7 Ventures, a subsidiary of Saudi Aramco.

Source: Qichacha

Since 2026, the embodied intelligence and robotics sectors have continued to see hot funding activity, with multiple large-scale financing events disclosed so far this year. Capital deployment has extended from complete machine manufacturers to core components, algorithm models, and the entire industry chain.

On February 23, Qianxun Intelligence announced two consecutive funding rounds totaling nearly 2 billion yuan, with investors including Yunfeng Fund, Chaos Investment (Ge Weidong), Synstellation Capital, TCL Venture, Minghui Zhiyuan (the family office of Huichuan Technology Chairman Zhu Xingming), Chongqing Industry Investment Fund, Hangzhou Jintou, 360 Fund, Houxue Capital, and others.

On March 2, Galaxy General announced the completion of a new round of 2.5 billion yuan in funding, with investors including the National Big Fund Phase III, Sinopec, CITIC Investment, Bank of China, SAIC Group Financial Holdings, SMIC Juyuan, Yizhuang State-owned Investment, Future Industry Investment, Kunpeng Fund, Wuxi Venture Capital, and Fujian Industry Investment. This again set a record for single-round funding in domestic embodied intelligence, with the company’s valuation reaching 20 billion yuan.

On March 9, Magic Atom announced a new round of 500 million yuan in funding, with investors including Sky Venture Capital, Top Group, Jinyu Maowu, Jiechuang Intelligent, and Aisida. Simultaneously, Magic Atom, together with Sky Venture Capital and Wuxi Liangxi District, initiated a hundred-billion-yuan industrial fund to focus on key segments of the embodied intelligence supply chain.

Author: Song Weiping, Cao Ziyi