点击下方 卡片 ，关注" 具身智能 之心 "公众号 25年具身机器人融资情况究竟是怎么样的？具身智能之心也为大家做了一次调研。本次调研包含具身本体公司、零部件生产商、算法类公司等。 主 要是亿元以上的融资，从天使轮到c轮不等。 所有内容基于公开内容整理，若有不足，欢迎指正。 1）智平方 数亿，智平方（AI² Robotics）是一家AGI原生的通用智能机器人企业，是通用智能机器人研发、生产与服务提供商。自研具身大模型、高效的迭代体系与稳定可靠 的 AlphaBot 系列产品为核心，在技术创新与商业化层面持续引领行业发展。率先在半导体制造、汽车制造、电子制造、生物科技与公共服务等领域实现落地应用， 形成"数据闭环 + 场景复利"的独特优势，让其承担"人类不愿从事的工作"，并持续拓展人类能力。 2）自变量机器人 10亿，自变量机器人是一家专注于人工智能与机器人领域技术创新的企业，基于机器人大模型来构建可以精细操作的通用智能体。 3）星源智机器人 3亿，星源智机器人是一家通用具身大脑技术研发商，由北京智源研究院孵化，致力于实现多模态空间智能，构建物理世界的通用具身大脑。星源智打造了一个跨 本体的高泛化性通用大脑，开 ...

Core Insights - Songyan Power has completed nearly 200 million yuan in Pre-B+ round financing, following a 300 million yuan Pre-A round financing just a month prior, totaling close to 500 million yuan in a short period [1][3] - The company has formed a strategic partnership with leading programming education platform "Coding Cat" to establish a "humanoid robot programming education laboratory," marking a significant step in the application of humanoid robots in educational settings [1][3] Financing and Strategic Partnerships - Songyan Power's recent financing rounds indicate strong investor confidence and financial backing for its growth strategy [1] - The collaboration with "Coding Cat" aims to leverage its extensive network of over 70,000 primary and secondary schools across China, integrating Songyan's humanoid robots into educational environments [4][7] Product Development and Market Positioning - The launch of the humanoid robot "Xiaobumi," priced at 9,998 yuan, aims to penetrate the consumer market by offering an affordable option for families, thus expanding the potential user base [4][6] - "Xiaobumi" has achieved significant sales, with 200 units sold within three hours of its launch on JD.com, and thousands sold cumulatively by late November [4][6] Competitive Landscape - The humanoid robot education sector is becoming increasingly competitive, with other companies like UBTECH and Leju Robotics also targeting this market [3][8] - Songyan Power's strategy includes defining standards for youth robot programming, which could create a sustainable competitive advantage in the emerging consumer market [4][7] Educational Applications and Challenges - The focus on educational applications for humanoid robots is seen as a viable path for commercialization, with the potential to enhance students' logical thinking and hands-on skills through programming [8][9] - Challenges in the educational sector include the need for comprehensive support systems, such as curriculum development, training for instructors, and suitable teaching materials [8][9]

Core Insights - Shenzhen Leju Robotics has completed nearly 1.5 billion yuan in Pre-IPO financing, marking one of the largest single financings in the humanoid robot sector this year [1] - The company focuses on two product categories: small bipedal robots for the education market and full-sized humanoid robots for industrial and research applications [1] - The industry is witnessing emerging opportunities in collaborative innovation within the supply chain and new technology breakthroughs, such as 5G-A remote control technology and solid-state battery technology [1] Company Overview - The founder of Leju Robotics, Cold Xiaokun, born in 1992, has a strong background in robotics, having won national awards during his school years and later leading a team to establish the company in Shenzhen [2] - The company initially faced challenges in the humanoid robot industry, including high costs of prototype production and reliance on imported core components [2][4] - Leju Robotics adopted a strategy of starting with small robots to generate revenue before advancing to full-sized humanoid robots, which has been crucial for overcoming industry hurdles [2] Product Development - In 2016, Leju Robotics received 10 million yuan in angel investment, leading to the mass production of its first small bipedal robot, "Aelos" [3] - By 2017, the company secured a strategic investment of 50 million yuan from Tencent, which facilitated the upgrade of its educational robots [4] - The full-sized humanoid robot "Kua Fu" was launched in 2023, showcasing advanced capabilities such as jumping and traversing various terrains [5] Market Dynamics - The humanoid robot market is on the verge of explosive growth, with projections indicating that sales in China will exceed 4,000 units in the first half of 2025, reaching 7,300 units for the entire year [6] - Despite the growth potential, the industry faces challenges such as high costs of core components, insufficient scene adaptability, and production capacity issues [6][7] - Leju Robotics stands out by successfully scaling both educational and industrial humanoid robots, with a competitive landscape showing a CR3 of 79.63% by mid-2025 [7] Technological Advancements - The integration of multiple technologies is driving the evolution of humanoid robots, with a focus on combining Model-Based and Reinforcement Learning algorithms for improved adaptability [7] - The "Kua Fu" robot has achieved a terrain adaptation error rate of 3.2% through these technological advancements [7] - Collaborations with companies like CATL aim to enhance battery technology, with plans for the next generation of "Kua Fu" robots to utilize solid-state batteries for improved performance [8] Future Opportunities - Future opportunities in the humanoid robot industry are concentrated in three areas: vertical market penetration, global expansion, and collaborative innovation within the supply chain [9] - The demand for caregiving robots is expected to grow significantly due to the aging population in China, with a projected market size exceeding 20 billion yuan by 2028 [9] - Leju Robotics is conducting research in Southeast Asia, planning to launch a simplified version of its industrial robots by 2026 to meet local market needs [9]

Core Viewpoint - Leju Robotics, a Shenzhen-based humanoid robot company, has completed nearly 1.5 billion yuan in Pre-IPO financing, aiming to enhance technology development and expand its industrial applications [2][4]. Company Overview - Founded in 2016, Leju Robotics is one of the earliest companies in China to focus on humanoid robots, with a core team from Harbin Institute of Technology [4]. - The company has launched several humanoid robot products, including Kuavo, Aelos, and Roban, which are utilized in industrial manufacturing, commercial services, and educational research [4]. Financing Details - The recent financing round attracted numerous investors, including Shenzhen Investment Control Capital and Dongfang Precision [2]. - Following the announcement, shares of investors like Dongfang Precision and Top Group saw increases of 2.18% and 1.54%, respectively [2]. Technology Development - Leju Robotics plans to explore the integration of Model-Based and Reinforcement Learning algorithms for its control systems, focusing on both the "brain" and "cerebellum" of the robots [6]. - The company has invested in various upstream and downstream enterprises to strengthen its supply chain, including partnerships with companies like Dongfang Precision and Heertai [6]. Industrial Applications - Leju Robotics is collaborating with over 40 ecosystem partners, including major companies like Huawei, Tencent, and Alibaba, to explore industrial applications across various scenarios such as research, commercial services, and home use [6]. - The company is recognized as an important partner in Huawei's ecosystem, having released the first humanoid robot based on Huawei's HarmonyOS [6]. Future Prospects - In June 2025, Leju Robotics plans to launch the world's first 5G-A humanoid robot, which will enable multi-machine collaboration and real-time decision-making in high-concurrency scenarios [7]. - The company has undergone a shareholding reform and is advancing its IPO plans, competing with Yushu Technology for a potential market debut [7].

Core Viewpoint - Leju Robotics, a leading player in humanoid robotics, has completed nearly 1.5 billion yuan in Pre-IPO financing, aiming to enhance technology development and expand its industrial applications [1][4]. Company Overview - Founded in 2016, Leju Robotics is among the earliest companies in China to focus on humanoid robots, with a core team from Harbin Institute of Technology [4]. - The company has launched several humanoid robot products, including Kuavo, Aelos, and Roban, which are utilized in industrial manufacturing, commercial services, and educational research [4]. Financing Details - The recent financing round attracted numerous investors, including Shenzhen Investment Control Capital and Dongfang Precision [1]. - Following the announcement, shares of associated companies like Dongfang Precision and Top Group saw increases of 2.18% and 1.54%, respectively [1]. Technology Development - Leju plans to explore the integration of Model-Based and Reinforcement Learning algorithms for its "small brain" control system and develop a "big brain" model that meets industry needs [5]. - The company aims to enhance its core technology and achieve large-scale production of humanoid robots [4]. Industrial Chain and Collaborations - Leju has invested in several upstream and downstream companies, including those specializing in integrated joints and motors [6]. - The company collaborates with notable firms such as Huawei and Tencent to explore extensive industrial applications [6]. Market Position and Future Plans - Leju has transitioned to a joint-stock company and is advancing its IPO plans, competing with Yushu Technology for market entry [7]. - The company is recognized as an important partner in Huawei's ecosystem, having launched the first humanoid robot based on Huawei's HarmonyOS [6].

Core Insights - The company, Leju Robotics, has developed a humanoid robot named "Kua Fu," which is capable of walking, jumping, and carrying out complex tasks, marking a significant advancement in the field of humanoid robotics in China [1][6] - The founder, Leng Xiaokun, has led the company since its establishment in 2016, overcoming various technical challenges and contributing to the innovation in humanoid robotics [2][6] - The company has successfully integrated 90% of its components domestically, significantly reducing manufacturing costs to several hundred thousand yuan [6] Company Development - Leju Robotics was founded by Leng Xiaokun and nine colleagues from Harbin Institute of Technology, focusing on humanoid robot development due to their strong technical background and market potential [2][3] - The company initially focused on small-sized humanoid robots to generate revenue and experience before advancing to full-sized humanoid robots [3][4] - The first product, "Aelos," was launched in the company's first year, aimed at artificial intelligence education, and has reached nearly 5,000 schools across China [3] Technological Innovations - The development of the "Kua Fu" robot faced challenges due to the immaturity of the global robotics supply chain, leading the team to focus on mastering key technologies and components [4][5] - The company has developed modular joints and a full-body momentum control algorithm to enhance the robot's performance and stability in complex tasks [5][6] - As of 2023, Leju Robotics has applied for 124 patents, including 62 invention patents, showcasing its commitment to innovation in humanoid robotics [6] Collaborative Ecosystem - The company has established a collaborative ecosystem involving universities, enterprises, and research institutions to enhance the development and application of humanoid robots [7] - A partnership with Huawei has enabled the "Kua Fu" robot to integrate with the open-source HarmonyOS and utilize Huawei's cloud-based AI models, enhancing its interactive capabilities [7] Market Applications - The "Kua Fu" robot has been successfully implemented in industrial settings, addressing labor shortages and reducing production costs [8] - The company aims to expand the application of humanoid robots into household services, education, and elder care, leveraging China's diverse application scenarios [8]

Core Insights - The article provides an overview of notable companies in the field of embodied intelligence and their corresponding business focuses [2] Company Summaries - **Zhiyuan Robotics**: Focuses on humanoid robot development, with products like the Expedition A1/A2 capable of navigating complex terrains and performing fine motor tasks [2] - **Unitree Robotics**: A leader in quadruped robots, known for high dynamic motion control, with products like Go1/Go2 series for consumer use and B1/B2/H1 series for industrial applications [5] - **Fourier Intelligence**: A general robotics company that includes humanoid robots and smart rehabilitation solutions, featuring products like GR-1/GR-2 humanoid robots and upper limb rehabilitation robots [6] - **Deep Robotics**: Specializes in quadruped robots for power and security applications, with products like the J series joints providing high torque performance [7] - **Lingchu Intelligent**: Focuses on dexterous operations and end-to-end solutions based on reinforcement learning algorithms [13] - **OriginBot**: Develops educational robots, including the Aelos series for programming education and Fluvo for hospital logistics [14] - **Noematrix**: Concentrates on high-resolution multi-modal tactile perception and soft/hard tactile manipulation products, providing innovative solutions for various sectors [29] - **Galbot**: Engages in the development of general-purpose humanoid robots and quadruped robots for industrial, commercial, and household applications [28]