云深处2025年机器人出货量将达到1万台级级别。 IPO早知道消息，杭州云深处科技股份有限公司（以下简称"云深处科技"）日前已完成数亿元人民币Pre-IPO轮融资。 本轮融资由国家人工智能产业基金领投，某互联网大厂跟投。这也是云深处在2025年下半年官宣的第三笔融资。 此前，云深处科技已获得银杏谷资本、道生资本、英诺天使基金、元禾原点、赛智伯乐、方广资本、西湖科创投、涵 崧资管、华建函数、深智城产投、莫干山国控集团、达晨财智、国新基金、北京机器人产业发展投资基金、智慧互联 产业基金、齐鲁前海基金、央视融媒体基金、富浙基金、华映资本、物产中大投资、招银国际、华夏基金、中国电 信、中国联通旗下基金、云晖资本、中芯聚源、浙大基金会、首程控股等知名机构的投资。 据IPO早知道了解，该互联网大厂为京东。事实上，云深处与京东早前已有不少的交集——9月底举行的JDDiscovery- 2025京东全球科技探索者大会，云深处联合创始人兼CTO李超便受邀出席并发表主题演讲；10月末，京东工业与云深 处科技正式达成战略合作，双方签署协议，将充分发挥各自在工业供应链技术服务与工业机器狗研发领域的核心优 势，通过资源互通、技术联动， ...

来源：上市之家 "开个玩笑说，以前我们是做'狗'的，今天终于可以做'人'了。"云深处科技创始人兼CEO朱秋国在描述 公司从四足机器人拓展到人形机器人的技术跨越时，曾用这样一句幽默的话概括了团队数年的努力。 12月25日，据多家媒体报道，云深处科技完成数亿元Pre-IPO轮融资，由国家人工智能产业基金领投， 京东跟投。就在前一天，中国证监会官网披露，云深处科技已于12月23日完成上市辅导备案。 继群核科技、宇树科技之后，"杭州六小龙"中迎来第三家启动IPO进程的企业。 01 资本加注 今年以来，云深处科技的资本动作密集而迅速。 不到一个月前，公司刚刚宣布完成超5亿元人民币的C轮融资，由招银国际和华夏基金联合领投，中国 电信、中国联通旗下基金等多家机构参与。企查查显示，自成立以来，云深处科技共经历10次融资。 而此次Pre-IPO轮融资则引入了国家队和重要产业资本，显示出市场对其发展前景的强烈信心。 根据上市辅导备案报告，云深处科技计划在2026年4月至6月向浙江证监局提交辅导验收申请，为首次公 开发行股票做最后准备。 公司控股股东及实际控制人为朱秋国，其直接持股16.39%，通过员工持股平台间接持股10.74% ...

Core Viewpoint - Cloud Deep Technology has successfully completed a multi-billion RMB Pre-IPO financing round, led by the National Artificial Intelligence Industry Fund, with participation from a major internet company, JD.com, marking its third financing announcement ahead of its IPO in 2025 [2][3]. Financing and Strategic Partnerships - The recent financing round attracted investments from numerous well-known institutions, including major venture capital firms and funds associated with telecommunications giants [2]. - JD.com has established a strategic partnership with Cloud Deep Technology, focusing on leveraging each other's strengths in industrial supply chain technology services and the development of industrial robots [3]. Company Overview and Innovations - Founded in 2017, Cloud Deep Technology specializes in embodied intelligence technology, focusing on the research, production, and sales of quadruped robots, humanoid robots, and core components [4]. - The company has developed a comprehensive technology system that includes multi-modal environmental perception and AI-driven motion control, which has been successfully applied in various new scenarios [4]. Product Developments - In April 2025, Cloud Deep Technology launched the world's first industry application wheeled robot, the M20, designed for complex terrains and hazardous environments, featuring a weight of 33 kg and capable of operating in extreme conditions [5]. - In October 2025, the company introduced the DR02 humanoid robot, which operates in a wide temperature range and can navigate complex environments, providing human-like operational capabilities for security and industrial applications [5]. Market Expansion and Applications - Cloud Deep Technology has established a global market presence, with applications in 34 provinces in China and 44 countries worldwide, successfully implementing solutions in various sectors such as power inspection, emergency response, and security patrols [7]. - The company is actively expanding its overseas market presence, with successful deployments in North America and Saudi Arabia, enhancing operational efficiency and safety in challenging environments [9]. Growth Projections - The CEO of Cloud Deep Technology has indicated that 2025 will be a year of rapid growth, with projected robot shipments reaching approximately 10,000 units [11].

Core Viewpoint - Cloud Deep Technology is poised for significant growth, with a projected robot shipment volume reaching 10,000 units by 2025, supported by substantial Pre-IPO financing and strategic partnerships [11]. Financing and Partnerships - Cloud Deep Technology has completed a multi-billion RMB Pre-IPO financing round led by the National Artificial Intelligence Industry Fund, with participation from major investment firms and a prominent internet company, JD.com [2][3]. - The partnership with JD.com includes a strategic collaboration to leverage each other's strengths in industrial supply chain technology and the development of industrial robots [3]. Product Development and Innovation - The company has made notable advancements in product offerings, including the launch of the world's first industry-specific all-weather humanoid robot, DR02, and the M20 robot designed for complex terrains [5]. - The M20 robot features a weight of 33 kg, an IP66 protection rating, and the ability to operate in extreme conditions, showcasing its versatility in various environments [5]. Market Expansion and Application - Cloud Deep Technology has established a global market presence, with applications in 34 provinces in China and 44 countries worldwide, focusing on sectors such as power inspection, emergency response, security patrol, and industrial operations [7][9]. - The company is actively expanding its overseas market presence, with successful deployments in North America and Saudi Arabia, enhancing operational efficiency and safety in challenging environments [9]. Future Outlook - The CEO of Cloud Deep Technology has indicated that 2025 will be a year of rapid development and growth for the company, with a significant increase in robot shipments anticipated [11].

近日，又一具身智能企业传来上市消息，这是继宇树科技、群核科技后，"杭州六小龙"中第三家启动上市的企业。 随着其在浙江证监局完成辅导备案，这家在四足及人形机器人领域领先的科技公司，正加速奔向资本市场，成为国内"具身智能第一股"的有力竞争者。 一、百亿估值夯实上市路，国资与产业资本鼎力加持 据中国证券监督管理委员会网上办事服务平台披露，云深处科于2025年12月23日正式启动A股上市辅导，中信建投证券股份有限公司担任其辅导机构。 | | | | | 全国一体化在线政务服务平台 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | 中国证券监督管理委员会网上办事服务平台(试运行) | | | | | | | | 公开发行辅导公示 | | 辅导对象 | 辅导机构 | 备案时间 辅导状态 | 派出机构 | 报告类型 | 报告标题 | | = | 北京 | 11 | 天津 | 山东海奥斯牛物科技股份有 跟公司 | 招商证券股份有限公司 | 2025-12-23 辅导备家 | 山东证监局 | 辅导备案报告 ...

Core Viewpoint - The article highlights the significant growth and investment potential of Hangzhou-based robotics company Yun Shen Chu, which is preparing for an IPO and has shown impressive revenue growth in the quadruped robot market, positioning itself as a key player in the industry after Yushu Technology [3][4][8]. Company Overview - Yun Shen Chu was founded in 2017 by Dr. Zhu Qiuguo and Dr. Li Chao, focusing on high-dynamic balance robotic products, including quadruped, humanoid, and wheeled robots [7]. - The company has launched several products, including the "Jueying" series of quadruped robots, which have applications in various industries such as energy, emergency response, and education [8]. Financial Performance - Yun Shen Chu has completed seven rounds of financing, with the latest round in July 2023 raising nearly 500 million yuan, indicating strong investor interest [3][4]. - The company’s annual revenue is reported to be in the range of several hundred million yuan, with expectations of over 100% growth in 2024 compared to 2023 [4][8]. Market Dynamics - The domestic quadruped robot market has seen explosive growth, with sales increasing from less than 2000 units in 2019 to 18,000 units in 2023, reflecting a compound annual growth rate of 94.4% [8]. - The market size is projected to grow from under 1 billion yuan to 7.55 billion yuan by 2024, with expectations to exceed 5 billion yuan by 2030 [8]. Investment Landscape - The article notes that several companies, including Yun Shen Chu, Yushu Technology, and Qiangnao Technology, are part of a group referred to as the "Hangzhou Six Dragons," all of which are preparing for IPOs and have received significant backing from state-owned and insurance capital [10][12]. - The involvement of at least 38 insurance institutions in the funding of these companies indicates a shift in investment strategies towards early-stage technology firms [14][15].

Core Insights - The launch of the intelligent robot dog "绝影 Lite3" on JD.com marks a significant shift from research-focused applications to consumer-oriented products, emphasizing its role as a family companion with practical value [1][9] - The collaboration with JD's JoyInside technology enables the robot to provide immersive interactive experiences, enhancing its capabilities in emotional dialogue and user engagement [3][9] Product Features - "绝影 Lite3" features a vast knowledge base, multi-modal perception, long-term memory, and low-latency response, allowing for natural and expressive interactions [3] - The robot supports personalized character customization and can understand and execute natural language commands for various actions, enhancing user convenience [3][5] Hardware and Performance - Significant hardware upgrades include a 50% increase in joint torque and a 40% improvement in load capacity, allowing it to carry up to 7.5 kilograms and achieve a walking range of up to 5 kilometers [5] - The robot's agility has improved, enabling complex movements such as long jumps, high jumps, and flips, while modular design enhances its expandability for advanced features like autonomous navigation and obstacle avoidance [5] Market Positioning - The "绝影" series has gained recognition in global research and education sectors, being adopted by prestigious universities and companies across multiple regions [7] - The transition to consumer-grade products through the partnership with JD is seen as a pivotal moment for the brand, aiming to integrate AI technology with smart hardware for broader applications in family life [9]

Core Insights - The launch of the intelligent robot dog "绝影 Lite3" on JD.com marks a significant shift from research-focused applications to consumer-oriented products, emphasizing its role as a family companion with practical value [1][9] - The collaboration with JD's JoyInside technology enables the robot to provide immersive interactive experiences, enhancing its capabilities in emotional dialogue and user engagement [3][9] Product Features - "绝影 Lite3" boasts advanced interactive capabilities, including a vast knowledge base, multi-modal perception, long-term memory, and low-latency response, allowing for natural and expressive interactions [3] - The robot can perform various tasks through natural language commands, such as running, jumping, and taking photos, providing a hands-free smart experience [3][5] Hardware and Performance - Significant hardware upgrades include a 50% increase in joint torque and a 40% improvement in load capacity, allowing it to carry up to 7.5 kilograms and achieve a walking range of up to 5 kilometers [5] - The robot's agility has improved, enabling complex movements like horizontal jumps and flips, while modular design enhances its expandability for advanced features like autonomous navigation and obstacle avoidance [5] Market Positioning - The "绝影" series has gained recognition in global research and education sectors, being adopted by prestigious universities and companies across North America, Western Europe, Japan, South Korea, and the Middle East [7] - The transition to consumer-grade products through the partnership with JD is seen as a pivotal moment for the brand, aiming to integrate AI technology with smart hardware for broader applications in family life [9]

Industry Overview - The robot industry in China has seen significant growth, with a reported revenue increase of 29.5% year-on-year from January to August 2025, and industrial robot production reaching 512,000 units, while service robot production hit 11.856 million units [1] - The market is witnessing a surge in various types of robots, including bipedal humanoid robots, wheeled robots, and quadrupedal robotic dogs [1] Quadrupedal Robots - Quadrupedal robotic dogs are becoming commercially viable due to their mature technology and lower price points compared to humanoid robots, with projections suggesting sales could reach 394,800 units in China by 2031 [3] - These robots have demonstrated superior stability in specific scenarios, making them ideal for special operations, rescue missions, and outdoor activities, as well as emerging in home environments for companionship and educational purposes [3] Key Players - Unitree Technology, established in 2016, is a leading player in the quadrupedal robot market, having launched several high-performance models, including Laikago and Go2, which features advanced environmental sensing capabilities and various movement functionalities [5][6] - Unitree's sales of robotic dogs reached 23,700 units last year, capturing approximately 69.75% of the global market share [6] - DEEP Robotics has achieved significant milestones, including the first fully autonomous inspection of substations in China and the successful delivery of a quadrupedal robot for overseas power tunnel inspection [8] - Weilan Technology's BabyAlpha focuses on companionship and emotional value, featuring video call capabilities and natural language processing for children's education [10] Market Dynamics - The quadrupedal robot market is becoming increasingly competitive, with numerous players including Xiaomi and XPeng Motors entering the space, alongside startups like Weike Technology and Vitas Power [13] - The industry is expected to evolve, with ongoing developments in both consumer and industrial applications, indicating a dynamic market landscape [13]

Core Insights - The 2025 Yunqi Conference in Hangzhou focuses on "Cloud Intelligence Integration and Carbon-Silicon Symbiosis," featuring three main forums and over 110 discussion topics [1] - Alibaba's CEO, Wu Yongming, emphasized that the realization of Artificial General Intelligence (AGI) is a certainty, with the ultimate goal being the development of Super Artificial Intelligence (ASI) [1][2] Group 1: AI Development and Strategy - Wu outlined a three-phase evolution route to ASI: "Intelligent Emergence," "Autonomous Action," and "Self-Iteration," highlighting the current phase as AI assisting humans [2] - Alibaba is investing 380 billion yuan (approximately $53 billion) over three years in AI infrastructure, with plans to increase energy consumption at global data centers by tenfold by 2032 compared to 2022 [2] - Alibaba Cloud announced the launch of seven large model technology products covering various fields, including language and vision models [2] Group 2: Global Infrastructure Expansion - Alibaba Cloud is expanding its global infrastructure by establishing new cloud computing nodes in Brazil, France, and the Netherlands, and expanding data centers in Mexico, Japan, South Korea, Malaysia, and Dubai [3] - The company currently operates 91 availability zones across 29 regions, making it the largest cloud service provider in China and the Asia-Pacific [4] Group 3: AI Applications and Collaborations - Alibaba Cloud partnered with NVIDIA in the Physical AI sector to integrate NVIDIA's software stack, enhancing services for enterprise users in data preprocessing and simulation [5] - The conference showcased numerous companies specializing in embodied intelligence, with a significant increase in audience engagement [6] - Companies like YuShu Technology and YuanLi Unlimited presented their latest robotic products, demonstrating practical applications of AI in various sectors [6][7]