首发|人形机器人最大融资诞生，估值200亿

Core Viewpoint - The article highlights the significant milestone achieved by Yinhe General, which completed a new round of financing exceeding $300 million, setting records for both single-round and cumulative financing in the field of embodied intelligence in China [2][5]. Financing and Valuation - Yinhe General has raised approximately $800 million in total funding since its establishment in May 2023, with the latest valuation reaching $3 billion (over 200 billion RMB) [2][5]. - The recent financing round was led by China Mobile Chain Long Fund, with participation from major investment platforms and industry giants, including CICC Capital and the Chinese Academy of Sciences Fund [2][5]. Investment Landscape - The company has attracted a diverse range of investors, including international institutions from Singapore and the Middle East, indicating a growing interest in China's robotics sector [2][5]. - The high entry threshold for investment and rapid financing pace have made it challenging for many interested institutions to participate [3]. Technological Advancements - Yinhe General has launched the world's first cross-body, all-domain navigation model, NavFoM, enabling robots to understand the essence of movement and perform complex navigation tasks [6]. - The company has also introduced a dexterous hand neural dynamics model, De xNDM, which allows for advanced manipulation capabilities, addressing a long-standing gap in the industry [7]. Market Applications - In the industrial sector, Yinhe General has established deep collaborations with leading companies such as CATL, Bosch, and Toyota, achieving thousands of robot orders for real autonomous operations in factories [11]. - The company has also developed a city-level embodied intelligence service solution, "Yinhe Space Capsule," which provides autonomous services in various urban locations across China [9]. Future Outlook - The article suggests that 2026 is expected to be a landmark year for the commercialization of embodied intelligence in China, reflecting the industry's potential for growth and innovation [14]. - The current investment climate in the embodied intelligence sector is characterized by a surge in new startups, with over 150 companies emerging in the past year, indicating a vibrant and competitive landscape [13].