新华财经北京2月8日电（陈冉）在近日发布的《2025 胡润未来独角兽：全球瞪羚企业榜》中，云深处 科技凭借具身智能领域的技术实力、成熟的商业化落地能力及显著的高速增长态势，成功入选。 早在2022年 杭州银行就率先发放500万元纯信用贷款解燃眉之急，后续将综合授信提升至8000万元，并 通过 "浙科领航联合贷" 形成资金合力，更促成其产业合作。 云深处科技的快速发展，与杭州银行十六年深耕科创金融的经验探索息息相关。 在程天科技服务亚残运会运动员的时候，企业已经发展较为成熟。杭州银行通过旗下财资平台，帮助企 业解决了多银行账户管理难题，同时发挥投贷联动的优势，为企业对接投融资资源。"我们不光为其提 供贷款，更多是服务于企业多样化的金融需求。"杭州银行相关负责人如是说。 多维赋能体系 超越信贷的全生命周期陪伴 不同于传统金融服务的 "单点支持"，杭州银行构建了涵盖资金融通、资源链接、政策对接、高效结算 的综合服务体系，让支持不止于贷款。 在足式与人形机器人赛道，杭州银行的陪伴式服务见证企业从初创到全球领跑。针对云深处科技B轮融 资后研发投入加码、订单周期错配的痛点，杭州银行不但于2022年率先发放信用贷款，更通过 ...

Core Viewpoint - Hangzhou Yundongchu Technology Co., Ltd. has submitted an IPO counseling record, aiming to complete the process by June 2026, marking a significant step towards capitalizing on its innovations in embodied intelligence technology [3][12]. Company Overview - Founded on November 29, 2017, with a registered capital of 8.234958 million yuan, the company is led by Zhu Qiuguo, who holds a 16.39% direct stake and a combined control of 32.60% with associated parties [4][13]. - The company operates in the "C34 Equipment Manufacturing" sector as classified by the National Bureau of Statistics [4][13]. Product and Market Position - Yundongchu has developed a product matrix that includes quadrupedal, wheeled, and humanoid robots, with applications in power, emergency, and security sectors [5][14]. - The "Jueying" series, particularly the Jueying X20, is recognized as China's first industrial-grade waterproof quadrupedal robot, currently in use at multiple substations [5][14]. - The global quadrupedal robot market is projected to reach approximately $180 million in 2024, with Yundongchu holding an 18.9% market share, ranking second globally [5][14]. Financing and Growth - The company has raised over 1 billion yuan in financing in 2025, including a C-round financing of over 500 million yuan led by major investors such as China Telecom and JD.com [6][15]. - The funds are aimed at enhancing R&D for quadrupedal and humanoid robots, indicating a strong push towards product development and market expansion [6][15]. Commercialization Challenges - Despite a projected revenue growth of over 100% in 2024, the company has not disclosed its profitability, raising concerns about its commercial viability [7][15]. - Revenue is heavily reliant on B-end clients in the power, emergency, and security sectors, with limited overseas market penetration [8][16]. - The competitive landscape is intensifying, with rivals like Yushutech advancing faster in their capital market processes, highlighting the need for Yundongchu to address structural issues and enhance its self-sustaining capabilities [8][16]. Industry Context - The current investment climate is characterized by a mix of technological innovation and the necessity for commercial success, with a focus on profitability becoming increasingly critical as the company approaches its IPO [9][17]. - The industry is facing challenges such as low-level repetitive research and resource inefficiencies, prompting a shift towards higher quality and sustainable growth [8][16].

Core Viewpoint - Hangzhou Yundongchu Technology Co., Ltd. (referred to as "Yundongchu") has initiated its IPO counseling with CITIC Securities as the advisory institution, marking it as the third company among the "Hangzhou Six Little Dragons" to pursue an IPO after Qunhe Technology and Yushut Technology [3][18]. Company Overview - Founded in 2017 by Zhejiang University alumni Zhu Qiuguo and Li Chao, Yundongchu aims to bring robots out of the laboratory and into everyday life, with a vision inspired by a Tang poem [4][21]. - The company launched its first-generation quadruped robot, "Jueying," which was the first domestically developed robot capable of climbing stairs and autonomous navigation [21][22]. Technological Development - The turning point for Yundongchu came in 2020 when Southern Power Grid approached the company to use its robots for substation inspections, leading to the gradual expansion of its applications in the power inspection sector [21]. - In 2021, Yundongchu introduced the Jueying X20, achieving an IP66 protection rating, making it the first quadruped robot suitable for industrial applications in China, with costs only 1/3 to 1/2 of similar products from Boston Dynamics [22][24]. Product Expansion - Yundongchu is expanding its product line to include humanoid robots and wheeled robots, with plans to launch its first humanoid robot, Dr.01, in 2024 and a medium-sized wheeled robot, M20, in April 2025 [24]. - The company has successfully implemented over 600 industry projects across various sectors, including energy, emergency response, security, education, construction, and entertainment [24]. Investment and Financing - Yundongchu has completed multiple rounds of financing, including a recent Pre-IPO round led by the National Artificial Intelligence Industry Fund, with participation from JD.com [27]. - The company has raised significant capital through various funding rounds, including nearly 5 billion RMB in a Pre-C round and over 5 billion RMB in a C round, indicating strong investor confidence in its technology and market potential [26][27]. Industry Context - The emergence of Yundongchu and other "Zhejiang University system" companies reflects a growing trend in China's innovation narrative, with a notable increase in entrepreneurial activity among its alumni [18][28]. - The "Zhejiang University system" has produced several successful startups, contributing to a robust entrepreneurial ecosystem supported by a strong alumni network and investment from various funds [30].

Core Viewpoint - The article discusses the launch of the DR02 humanoid robot by Yun Shen Chu, highlighting its outdoor operational capabilities and IP66 protection level, which allows it to function in various harsh environments [1][2][6]. Group 1: Product Features - The DR02 humanoid robot is the first industry-grade humanoid robot to achieve IP66 protection, making it resistant to dust and water, even in heavy rain [6][7]. - It operates in a wide temperature range from -20°C to 55°C, allowing seamless transitions between cold and hot environments [10]. - The robot is designed for complex terrains and can perform tasks such as cargo handling and emergency material delivery [11]. - DR02 features a modular quick-release design, enabling faster repairs and higher parts interchangeability, which facilitates scalability [14][15][17]. Group 2: Development Background - Yun Shen Chu has transitioned from quadruped robots to humanoid robots, leveraging its experience in outdoor operations to differentiate itself with an "all-weather" approach [19]. - The company previously launched the quadruped robot X20 in 2021, which also achieved IP66 certification, demonstrating its capability in extreme conditions [20][21]. - A strategic partnership with Wolong Electric Drive in January 2025 enhanced the robot's performance and energy efficiency [27]. - In July 2025, the company secured nearly 500 million RMB in funding to expand production lines and accelerate the commercialization of humanoid robots [28][29]. Group 3: Industry Context - The humanoid robot sector is becoming increasingly competitive, with companies like Figure also releasing humanoid robots aimed at household applications [31][32]. - The industry is witnessing a shift in consensus towards humanoid robots as the preferred form, with discussions around the obsolescence of non-humanoid robots gaining traction [35][36].