亦为同时被美团、阿里、字节跳动这三家互联网大厂投资的具身智能企业。 据IPO早知道消息，自变量机器人日前再获数亿元新融资，由上汽金控、中金上汽基金等头部产业资本领投，美团龙珠、红杉中国、北京信息产业发展投 资基金、国开金融、啟赋资本、渶策资本、广发信德等众多老股东悉数加码追投。 值得注意的是，这也是继今年1月官宣由字节跳动、红杉中国等机构参与的十亿元融资后，自变量机器人一个月内完成的又一轮大额融资。 在新一轮融资完成后，自变量也成为2026年已宣布融资的具身智能公司中估值最高的企业。此外，自变量还是国内唯一同时被美团、阿里、字节跳动这三 家互联网大厂投资的具身智能企业。 成立于2023年12月的自变量聚焦自研"通用具身智能大模型"，以真实世界数据为主要数据来源，构建具备精细操作能力的通用机器人，是国内最早采用完 全端到端路径实现通用具身智能大模型的公司之一。 其中，自变量自研的WALL-A模型，核心架构首创VLA与世界模型深度融合的系统范式——作为原生的多模态输入输出架构，WALL-A率先实现了具身多 模态思维链。WALL-A利用世界模型机制进行时空状态预测，协同视觉因果推理理解环境反馈，并通过可学习记忆机制 ...

2月25日，广州日报全媒体记者最新获悉，广东机器人企业——自变量机器人继1月官宣由字节跳动、红 杉中国等机构参与的十亿元融资后，一个月内又完成数亿元新融资，由上汽金控、中金上汽基金等头部 产业资本领投，美团龙珠、红杉中国、北京信息产业发展投资基金、国开金融、啟赋资本、渶策资本、 广发信德等众多老股东悉数加码追投。该轮次投后，自变量成为2026年已宣布融资的具身智能公司中估 值最高的企业。 自变量机器人创始人兼CEO王潜曾在多个场合明确表示，在具身智能这一前沿赛道，应争当引领者，而 非跟随者。自变量持续深耕模型迭代、数据管线与机器人硬件三大核心领域，并通过扎实的技术积累与 全栈自研能力，不断突破既有的能力边界。 （文章来源：广州日报） 今年1月，自变量机器人完成了10亿元A++轮融资。本轮融资由字节跳动、红杉中国、北京信息产业发 展基金、深创投、南山战新投、锡创投等顶级投资机构及多元地方平台联合投资。 据自变量此前介绍，其以完全端到端技术路线构建了物理世界基础模型-真机自主进化的技术闭环。自 变量自研的WALL-A模型，核心架构首创VLA与世界模型深度融合的系统范式。作为原生的多模态输入 输出架构，WALL-A ...

Core Insights - The domestic startup market in China is experiencing a surge in financing, with multiple companies securing over 1 billion yuan in funding, including notable firms like Jieyue Xingchen and Geely's flying car company WoFei ChangKong [1][2] Group 1: New Unicorns - In January 2026, 11 new unicorns emerged in China, spanning sectors such as AI, humanoid robots, healthcare, eVTOL, and quantum computing [2] - Humans& became a new unicorn after raising $480 million in seed funding, achieving a post-money valuation of $4.48 billion, backed by investors like NVIDIA and Google Ventures [3][4] - WoFei ChangKong, a subsidiary of Geely, completed nearly 1 billion yuan in financing, reaching a valuation of 10 billion yuan, focusing on low-altitude travel and flying car development [6][7][8] - ZiBian Robot secured 1 billion yuan in A++ round financing, achieving a post-money valuation of over $1 billion, with plans to enhance its humanoid robots and expand into various application scenarios [9] - RayNeo announced a new round of financing exceeding 1 billion yuan, achieving a valuation of $1 billion, and launched the world's first eSIM independent communication AR glasses [10][11] Group 2: IPO Activities - Six unicorn companies went public in January, all listed on the Hong Kong Stock Exchange, marking a concentrated IPO wave at the beginning of the year [12] - Notable IPOs include Zhiyuan, which raised 4.348 billion HKD, and Minimax, which raised 4.189 billion HKD, both focusing on AI and large model technologies [13] - Other companies like Biran Technology and Jingfeng Medical also completed IPOs, with respective fundraising targets of 5.583 billion HKD and 1.2 billion HKD [15] Group 3: Major Financing Events - Jieyue Xingchen completed over 5 billion yuan in B+ round financing, setting a record for the largest single financing in China's large model sector over the past year [16][18] - ByteDance's "Doubao" AI glasses are set to enter the market, with plans for a no-screen version to be released in Q1 2026 and a display version by Q4 2026 [19][20] - Baidu's Kunlun Chip has submitted a confidential IPO application, with a valuation of 21 billion yuan following its latest funding round [22][23]

Group 1 - The core viewpoint highlights the accelerating growth in the robotics sector, with Tesla set to release its next-generation robot soon and the reappearance of robots at the Spring Festival Gala [1] - Qianxun Intelligent's embodied intelligence model Spirit v1.5 has topped the RoboChallenge evaluation list, surpassing the well-known foreign model pi0.5, becoming the only model with a success rate exceeding 50% [1] - Zhujie Power has launched the embodied intelligent system LimX COSA, integrating high-level cognition with full-body motion control, enabling robots to think and act simultaneously in the physical world [1] Group 2 - Zivariable Robotics has completed a 1 billion yuan A++ round of financing, with investments from ByteDance, Sequoia China, and others, aimed at iterating general embodied intelligence models and productization [2] - The partnership between Xingdong Jiyuan and SF Technology focuses on logistics scenarios, promoting the development and application of embodied intelligent robot technology to enhance logistics efficiency and quality [2] - Xingdong Jiyuan has introduced a comprehensive embodied intelligent warehousing logistics solution that collaborates deeply with customer logistics systems for adaptive operations [2] Group 3 - The year 2026 is seen as a critical point for humanoid robots, with expectations for mass production and supply chain developments, potentially increasing domestic shipments from thousands to tens of thousands [3] - Key areas of focus include the convergence of Tesla's supply chain, technological iterations, overseas supply chain opportunities, domestic application verticals, and long-term investment in quality patterns [3] Group 4 - Important industry events include the completion of Zivariable Robotics' financing on January 12, the release of a new world model by Norwegian humanoid robot company 1X on January 14, and the launch of the first industrial embodied software platform by Leju on January 15 [4] Group 5 - The industry is experiencing intensified competition, with automotive and electric vehicle sales falling short of expectations, and progress in humanoid robots not meeting anticipated timelines [5]

Group 1 - The core viewpoint of the article highlights the continuous record-breaking financing in the embodied intelligence sector, with the company "Self-Variable Robotics" completing a 1 billion yuan A++ round of financing, making it the only domestic embodied intelligence company strategically invested by Meituan, Alibaba, and ByteDance [1] - The financing round was led by top investment institutions including ByteDance, Sequoia China, and others, marking the first investment by the Shenzhen Capital Group's AI fund since its establishment [1] - Self-Variable Robotics was founded in December 2023 and is headquartered in Shenzhen, with a core team characterized by strong academic backgrounds and expertise in both software and hardware integration [1] Group 2 - The company focuses on developing an end-to-end general embodied large model, aiming to create a unified "brain-cerebellum" system, differing from the traditional layered architecture of "large language model + action module" [2] - Self-Variable Robotics has established initial barriers in hardware development and data collection, having released two high-performance robot models and achieved comprehensive self-research of core components [2] - The company emphasizes the use of real physical interaction data rather than simulation data, utilizing self-developed equipment for large-scale data collection and establishing a model-driven data pipeline [2] Group 3 - The competition in the embodied intelligence sector is shifting focus from "limbs" to "brains," with the industry recognizing that the ability to understand the physical world and make autonomous decisions is crucial for robots to enter factories and homes [2] - The next stage of competition in embodied intelligence is fundamentally about the construction of data closed-loop foundational models and the evolution capabilities of these models [3] - Despite the industry's enthusiasm, challenges remain, particularly in ensuring stability and low-cost deployment in complex real-world environments, which will be a significant hurdle for leading players by 2026 [3]

Core Insights - The article highlights the significant financing round for X Square Robot, marking a pivotal moment in the embodied intelligence sector with a total of 1 billion RMB raised in A++ round funding [1] - The investment was led by ByteDance and Sequoia China, with participation from several prominent state-owned funds, indicating strong interest from major players in the tech industry [1] - X Square Robot has uniquely attracted strategic investments from three major internet giants: Alibaba, Meituan, and ByteDance, which is rare in the industry [1] Company Overview - X Square Robot has established itself as a leading player in the embodied intelligence field, having received investments from Alibaba, Meituan, and ByteDance within a short span [1] - The company focuses on a model-driven approach to hardware, emphasizing the importance of foundational models for embodied intelligence rather than merely enhancing robotic movement capabilities [2] - The CEO, Wang Qian, asserts that the competition in embodied intelligence will revolve around the evolution of foundational models and their ability to create data loops [2] Technological Advancements - The company has developed the Wall-OSS operating system, which is seen as a precursor to an Android-like platform for embodied intelligence, aiming to standardize software capabilities across different hardware [2] - X Square Robot's WALL-A model integrates visual, language, and action capabilities, achieving a "multi-modal thinking chain" that allows for spatial and temporal state predictions [2] - The robots have demonstrated remarkable generalization abilities, successfully performing complex tasks such as food delivery and package recycling even in challenging conditions [3] Data and Hardware Development - The company has built a robust data and hardware ecosystem, utilizing real machine data collection and model-driven data pipelines to support its advancements [4] - X Square Robot has launched two high-performance robot models, Quantum One and Quantum Two, which have significantly reduced overall costs through in-house development of key components [4] - The robots are now being deployed in various high-value sectors, including industrial manufacturing, logistics, and elder care, showcasing their adaptability to complex environments [4] Funding Utilization - The 1 billion RMB raised in the latest funding round will primarily be allocated towards the training and iteration of the next-generation unified embodied intelligence general model [5] Industry Context - The year 2026 is anticipated to be a pivotal year for the embodied intelligence sector, with X Square Robot positioned as a key player due to its backing from major industry players [6]

Group 1 - The core viewpoint of the news is that Zhibian Robot has completed a 1 billion yuan A++ round of financing, marking a significant investment from major players like ByteDance, Sequoia China, and Shenzhen Capital Group [1][3] - This financing round is noted as the first investment from Shenzhen Capital Group's AI fund since its establishment [1] - Zhibian Robot, founded in December 2023, is recognized as one of the earliest companies in China to implement a fully end-to-end approach for general embodied intelligence models, earning the title of "strongest brain" in the industry [3] Group 2 - The company focuses on the development of foundational models for the physical world, utilizing a fully end-to-end technical route [3] - Its core architecture, WALL-A, innovatively integrates VLA with world models, significantly enhancing zero-shot generalization capabilities in unstructured environments [3] - Zhibian Robot has previously launched the "Quantum No. 1" and "Quantum No. 2" robotic bodies, which have been designed to reduce overall costs through deep adaptation of core components and algorithms [3]

Group 1 - The core viewpoint of the news is that Zivariable Robotics has successfully completed a 1 billion yuan A++ round of financing, marking a significant milestone with investments from top-tier institutions including ByteDance, Sequoia China, and others [1] - This financing round is notable as it represents the first investment from the Shenzhen Capital Group's AI fund since its establishment [1] - Zivariable Robotics is the only embodied intelligence company in China to receive investments from major internet giants such as Meituan, Alibaba, and ByteDance [1] Group 2 - The company focuses on full-stack self-research in both hardware and software, leading to the development of high-performance robots, including the "Quantum One" and "Quantum Two" models [1] - Zivariable has achieved comprehensive self-research and deep algorithm adaptation for core components such as robotic arms, joint modules, and main controllers, significantly reducing overall costs [1] - The company is gradually entering high-value sectors such as industrial manufacturing, logistics, and elderly care, demonstrating its robots' ability to meet real market demands with high generalization and low-cost deployment [1] Group 3 - The founder and CEO of Zivariable Robotics, Wang Qian, emphasizes the importance of being a leader in the field of embodied intelligence rather than a follower [2] - The company is committed to continuous improvement in three core areas: model iteration, data pipelines, and robotic hardware [2] - Zivariable's solid technical accumulation and full-stack self-research capabilities enable it to consistently push the boundaries of its existing capabilities [2]

Core Insights - The article highlights the completion of a 1 billion RMB A++ funding round by Zivariable Robotics, with investments from top-tier institutions including ByteDance, Sequoia China, and others, marking a significant recognition of the company's technological leadership and growth potential [2] - The focus of the robotics industry is shifting from hardware performance to the intelligence of systems, emphasizing the need for robots to understand physical world dynamics and handle complex tasks [2][3] Group 1: Investment and Market Position - Zivariable Robotics is the only embodied intelligence company in China to receive investments from major internet giants like Meituan and Alibaba, showcasing its unique market position [2] - The collaborative investment from diverse capital sources reflects a collective consensus on the importance of embodied foundational models in the capital market [2] Group 2: Technological Advancements - The company's embodied foundational model integrates multimodal sensory inputs (visual, tactile, auditory) to create a complete intelligent feedback loop, enabling real-time processing of unstructured and dynamic tasks [3] - Zivariable's proprietary WALL-A model combines world modeling with multimodal input-output architecture, significantly enhancing the robot's zero-shot generalization capabilities in unstructured environments [3][4] Group 3: Data-Driven Model Evolution - Zivariable emphasizes a closed-loop iteration of hardware, data, and models, being one of the first in China to scale real-world data collection for model breakthroughs [4] - The company has developed a data pipeline that processes data through generation, filtering, enhancement, and annotation, ensuring a continuous output of high-quality data for model evolution [4] Group 4: Real-World Applications - Zivariable's robots demonstrate strong adaptability in real-world scenarios, successfully completing tasks like food delivery and package recycling under challenging conditions [5] - The evolution of the foundational model has unlocked the potential for high-freedom dexterous hands, enabling robots to perform complex tasks requiring fine motor skills [5] Group 5: Industry Ecosystem and Future Plans - Zivariable plans to open-source its end-to-end embodied foundational model WALL-OSS by September 2025, promoting the open dissemination of embodied intelligence technology [6] - The company aims to lead in the field of embodied intelligence by focusing on model iteration, data pipelines, and hardware development, driving technological value in various industries [6]

Group 1 - The core point of the article is that Zibianliang Robotics has completed a 1 billion yuan A++ round of financing, led by major investors including ByteDance and Sequoia China, marking a significant milestone for the company and the AI investment landscape [1] - The funds from this financing round will primarily be used for the development of integrated hardware and software solutions [1] - Zibianliang Robotics was founded in December 2023 in Shenzhen by Wang Qian, a notable scholar in neural networks, and has completed a total of 9 financing rounds, with its valuation increasing 50 times since the initial investment [1][2] Group 2 - The company focuses on full-stack self-research in both hardware and software, having developed high-performance robots "Quantum One" and "Quantum Two," which have led to significant cost reductions in the overall machine [2] - Zibianliang Robotics has entered multiple sectors including industrial manufacturing, logistics, and elder care, and has received investments from major internet companies such as Meituan, Alibaba, and ByteDance [2][3] - The investment landscape in the embodied intelligence sector is growing, with major players like Meituan, Alibaba, and JD actively investing in various robotics companies, indicating a strong interest in the commercialization of embodied intelligence by 2026 [3][4][5]